312 Ne 16th Ter, Fort Lauderdale

$3,299,000

0 Bed
0 Bath
4,325 Sqft
0 Acre
0 Garage

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!

Essential Information
MLS® #A11570666
Price$3,299,000
Bathrooms0.00
Square Footage4,325
Acres0.00
Year Built1958
TypeResidential Income
Sub-TypeQuadruplex
StyleFourplex
StatusActive
Community Information
Address312 Ne 16th Ter
Area3240
SubdivisionVICTORIA PARK CORR AMEN P
CityFort Lauderdale
CountyBroward County
StateFL
Zip Code33301-3856
Amenities
UtilitiesCable Available
Interior
InteriorCeramic Tile, Tile
HeatingElectric
CoolingElectric, Other
# of Stories2
StoriesTwo
Exterior
RoofFlat, Tile
ConstructionBrick, Block
Additional Information
Date ListedApril 16th, 2024
Days on Market15
Listing Details
Listing Courtesy ofVera Realty LLC
LISTING MAP

Get directions to this property:

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®, and is updated as of May 1st, 2024 at 10:47am EDT (date/time).

All information is deemed reliable but not guaranteed by the MLS and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Keller Williams Realty Professionals shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2024 MLS of MAR.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing