Discover an exceptional investment opportunity in downtown Fort Lauderdale with this fully leased townhome community, boasting a seamless operation managed by a reputable sober living company owned by a New York REIT for past 7 years. Current rental rate is $4,800/month. Renewal term is 5 years @ $5,200/month. Corporate tenant pays all utilities and repairs. The HOA management handles rental collections and repairs for all unit owners. This is a turn key investment with minimal effort for owner/investor. 3 bedroom 2.5 bath unit featuring 2 levels, w/ balcony and a two car garage. Great steady investment with appreciation upside, being a fee simple townhome in down town Fort Lauderdale, next to Whole Foods, the famous SE 17th St Causeway bridge and a short ride to the beach.
Property Details
Price:
$799,000
MLS #:
F10437259
Status:
Active
Beds:
3
Baths:
2.5
Address:
420 SE 16th St 420
Type:
Condo
Subdivision:
Mackenzie Manor
Neighborhood:
3800
City:
Fort Lauderdale
Listed Date:
Apr 30, 2024
State:
FL
Finished Sq Ft:
1,620
ZIP:
33316
Year Built:
2016
Schools
Interior
Cooling Description
Ceiling Fans, Central Cooling
Equipment Appliances
Automatic Garage Door Opener, Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
Floor Description
Tile Floors
Heating Description
Central Heat
Interior Features
First Floor Entry
Num Ceiling Fans
3
Exterior
Amenities
Exterior Lighting
Exterior Features
High Impact Doors, Open Balcony
Front Exposure
North
Garage Description
Attached
Num Garage Spaces
2
Total Floors In Building
2
Financial
Assoc Fee Paid Per
Monthly
Association Fee
400
HOA Fee
$400
HOA Frequency
Monthly
Tax Amount
$8,683
Taxes
$8,683
Map
Contact Us
Mortgage Calculator
Similar Listings Nearby
- 610 W LAS OLAS BL 2111N
Fort Lauderdale, FL$1,020,000
1.79 miles away
,$999,999
3.45 miles away
- 726 NE 15th AVE 726
Fort Lauderdale, FL$999,999
2.53 miles away
- 215 N Birch Rd 2B
Fort Lauderdale, FL$999,999
3.10 miles away
- 2401 N Ocean Blvd 702
Fort Lauderdale, FL$999,000
3.06 miles away
- 5200 N Ocean Blvd 909D
Lauderdale By The Sea, FL$999,000
4.99 miles away
- 704 NE 3rd Ave 704
Fort Lauderdale, FL$998,000
2.42 miles away
- 850 NE 16th Ave 850
Fort Lauderdale, FL$997,000
2.63 miles away
- 3850 Galt Ocean Dr 1701
Fort Lauderdale, FL$995,000
3.68 miles away
- 2100 S Ocean Ln 512
Fort Lauderdale, FL$995,000
3.01 miles away
Listing courtesy of Flagler Duval, (954)–760–4888
© 2024 Information deemed reliable but not guaranteed. Information is provided, in part, by Ft. Lauderdale MLS. This information being provided is for consumers personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2024 Information deemed reliable but not guaranteed. Information is provided, in part, by Ft. Lauderdale MLS. This information being provided is for consumers personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
420 SE 16th St 420
Fort Lauderdale, FL
LIGHTBOX-IMAGES