Property Description
Rare opportunity in coveted Victoria Park! Prime multi-family property boasting 5 legal units in Fort Lauderdale’s most desirable locale. Steps from Las Olas and downtown, with the beach just 10 minutes away. This unique corner lot spans 10,000 sqft, presenting endless potential for savvy investors. Explore the possibility of developing 3 to 4 townhomes, capitalizing on the rapidly expanding new development scene. The fifth unit, a 2-bed, 1-bath gem, currently generates $3,400/month in rental income. Don’t miss your chance to secure a lucrative investment in this thriving community!
Features
: Wallwindowunits
: Fenced, Smokedetectors
: Other
: Publicsewer
Address Map
FL
Broward County
Fort Lauderdale
33301
312 NE 16th Ter
W81° 52' 27.4''
N26° 7' 32.7''
MLS Addon
4,325 Sqft
: Block, Aluminumsiding
: Tile, Ceramictile
1
1
Cash,Conventional,Cryptocurrency
504202150780
: Apartment, Multifamily
$38,615
2023
: Impactglass
Commercialsale For Sale
312 NE 16th Ter, Fort Lauderdale, Florida 33301
11,691 Sqft
$3,299,000
MLS # #A11570702
Basic Details
Property Type : Commercialsale
Listing Type : For Sale
Price : $3,299,000
Year Built : 1958
Lot Area : 11,691 Sqft
MLS # : A11570702
Property Sub Type : Multifamily