Property Description

Exceptional investment opportunity featuring 17 stabilized, fully leased townhomes within a 38-unit residential community in Fort Lauderdale, FL. Most units include newer central A/C systems for long-term durability and tenant satisfaction. Mix of 1-car and 2-car garages enhances tenant appeal and functionality. Seller holds valuable Builder Rights, granting full control over the HOA and strategic influence over community operations. Tenants pay for their own water and electricity, providing operational efficiency and reduced owner expenses. Strong in-place rental income, minimal management requirements, and a prime location near major highways, schools, shopping, and vibrant Downtown Fort Lauderdale.

Features
Swimming Pool
Heating System
Cooling System
Parking
Architectural Style
Roof:
Other
Sewer
Address Map
State:
FL
County:
Broward
City:
Fort Lauderdale
Zipcode:
33311
Street:
1316 Nw 3rd St, Fort Lauderdale, Florida 33311
Longitude:
W81° 50' 31.9''
Latitude:
N26° 7' 27.3''
MLS Addon
Association Fee:
$250
Association Fee Frequency:
Monthly
Building Area:
1,486 Sqft
Construction Materials:
Block
Cumulative DOM:
37
DOM:
182
Directions:
I-95 go to to East Broward Blvd. - head East. Turn left onto NW 15TH Avenue. Turn Right onto NW 2nd Street and head East. Property is on Left.
Flooring:
Vinyl
Internet Address Display:
1
Internet Listing Display:
1
Listing Terms:
Cash,Conventional,1031 Exchange
Lot Features
Parcel Number:
504204500180
Subdivision Name:
SEMINOLE FOREST
Tax Annual Amount:
$5,580
Tax Year:
2024
Utilities
Virtual Tour:
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Residential Income For Sale

1316 Nw 3rd St, Fort Lauderdale, Florida 33311, Fort Lauderdale, Florida 33311

1,250 Sqft
$5,200,000
MLS # #A11858426
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$5,200,000
Square Footage :
1,250 Sqft
Year Built :
2008
MLS # :
A11858426
Property Sub Type :
Quadruplex
Agent info
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