Basic Information
- MLS # F10472248
- Type Multi Family
- Status Closed
- Year Built 1969
- Total Sqft 11,480
- Date Listed 11/18/2024
- Days on Market 95
This remarkable multifamily property offers a blend of impeccable location and income-generating potential in the center of Fort Lauderdale. It offers 7 conforming units with an additional non-conforming unit. The versatile layout includes 3 studio apartments, 3 1-bedroom/1-bath units, and a spacious 3-bedroom/2-bath residence, accommodating everyone seeking ample living space. This fully-leased multifamily asset stands as a premier income-generating opportunity, anchored by a solid base of long-term, quality tenants. Beyond stable rental income, the property also benefits from an additional passive revenue stream through its on-site, coin-operated laundry facility, offering investors a consistent boost to overall cash flow.
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description
- Style Multi Family
Interior Features
- Adjusted Sqft 11,480Sq.Ft
- Sqft 11,480 Sq.Ft
Property Features
- Address 1241 NE 16th Ter
- Aprox. Lot Size 11,480
- Furnished Info no
- Subdivision Complex
- Subdivision Info
- Tax Amount $0
- Tax Legal desc PROGRESSO 2-18 D LOT 1 S 35,2,& E1/2 VAC ALLEY ABUTTING SAID LOT BLK 101
- Tax Year 2024
- Type of Property Multi Family
1241 NE 16th Ter
Fort Lauderdale, FL 33304Similar Properties For Sale
-
$2,500,0000 Beds0 Baths12,500 Sq.Ft756 NW 12th St, Miami, FL 33136 -
$2,500,0000 Beds0 Baths14,000 Sq.Ft733 Michigan Ave, Miami Beach, FL 33139 -
$2,500,0000 Beds0 Baths12,582 Sq.Ft0000 Palm St, Hollywood, FL 33019 -
$2,500,0000 Beds0 Baths13,500 Sq.Ft1302 E 4th Ave, Hialeah, FL 33010 -
$2,500,0000 Beds0 Baths12,100 Sq.Ft3031 NW 78th St, Miami, FL 33147 -
$2,500,0000 Beds0 Baths12,009 Sq.Ft5240 NE 14th Way #1-6, Fort Lauderdale, FL 33334 -
$2,500,0000 Beds0 Baths12,670 Sq.Ft10505 SW 186th St, Miami, FL 33157 -
$2,499,9995 Beds7.5 Baths11,722 Sq.Ft3101 SW 117th Ave, Davie, FL 33330 -
$2,495,0000 Beds0 Baths12,690 Sq.Ft9900 NW 21st St #9900, Doral, FL 33172 -
$2,485,0000 Beds0 Baths11,748 Sq.Ft324 W 74th Pl, Hialeah, FL 33014
The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Native Realty Co.. tel: (954) 595-2999
Real Estate IDX Powered by: TREMGROUP
