Fort Lauderdale, FL 33304,1324 NE 16th Ave
Fort Lauderdale, FL 33304,1324 NE 16th Ave
Fort Lauderdale, FL 33304,1324 NE 16th Ave
Fort Lauderdale, FL 33304,1324 NE 16th Ave
Fort Lauderdale, FL 33304,1324 NE 16th Ave
Fort Lauderdale, FL 33304,1324 NE 16th Ave
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$1,320,000

$1,349,900

2.2%
Est.Price: ?

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Est. payment /mo

2,911 SqFt


SOLD DATE : 04/03/2023

Key Details

Sold Price $1,320,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,911 sqft

Price per Sqft $453

Subdivision Progresso

MLS Listing ID A11328004

Sold Date 04/03/23

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1972

Annual Tax Amount $14,178

Tax Year 2022

Contingent Pending Inspections

Property Description

Outstanding Property! Great Location! Conforming legal 5 plex all units updated, located in the heart of East Fort Lauderdale’s Charming Poinsettia Heights neighborhood.
Sunny & Bright property has been completely updated, including newer kitchens with granite countertops, stainless steel appliances, Hurricane windows & doors, tile floors, 5 individual electric meters. This income property currently generates $108,000 in gross annual revenue with potential to generate over $200,000/year. Most units are month to month and can easily be converted into furnished rentals. Priced to Sell!

Location

State FL

County Broward County

Community Progresso

Area 3370

Interior

Heating Central

Cooling Central Air, Ceiling Fan(s)

Flooring Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 7

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Water Public

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Construction Status Resale

Others

Tax ID 494234028170

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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Listed by The Keyes Company
Bought with BHHS EWM Realty
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