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424-428 Ne 16th AvenueFort Lauderdale, FL 33301Price: $1,449,000

  • Price: $1,449,000
  • Est. Mortgage of $/month
  • 23 Days on Market
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$
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$/month over payments
Federal 30-year interest rate: 6.9% last updated on Feb 22, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,449,000List Price
  • 1939Year Built

Listing Tools

Phenomenal Multi-Family consists of a Charming Victoria Park House PLUS THREE ADDITIONAL separate rental cottages. Prime location in the Southeast corner of Victoria Park, close to Las Olas Blvd and Fort Lauderdale Beach. This Spacious 8750 sq ft lot includes a lovely 3/2 Main House [now being used as a 2/1 & efficiency] with original hardwood floors, updated kitchen and bathrooms and a fenced in backyard. In addition, there is a detached Studio and a Duplex that includes two 1bedroom /1bath apartments. All apartments have Granite Countertops and private outdoor patio. This property generates over $116, 000 in gross annual revenue, potential to generate $140, 000+ yielding above a 7% CAP. All units can be converted into Airbnb! Seller accepts Conventional Loans with only 5% Down Payment!

Property Details of 424-428 Ne 16th Avenue

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Listed By Dave Bartol Of The Keyes Company

All listings featuring the RPBGFL MLS logo are provided by the Realtors of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Realtors of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc

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