312 Ne 16th Ter, Fort Lauderdale

$3,299,000

0 Bed
0 Bath
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® #A11570702
Price$3,299,000
Bathrooms0.00
Acres0.00
Year Built1958
TypeCommercial
Sub-TypeMulti Family
StatusActive
Community Information
Address312 Ne 16th Ter
Area3240
CityFort Lauderdale
CountyBroward County
StateFL
Zip Code33301-3856
Interior
InteriorCeramic Tile, Tile
CoolingWall/Window Unit(s)
Exterior
WindowsImpact Glass
RoofOther
ConstructionBlock, Aluminum Siding
Additional Information
Date ListedApril 16th, 2024
Days on Market13
Listing Details
Listing Courtesy ofVera Realty LLC
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