312 Ne 16th Ter

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
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

Listing Courtesy ofVera Realty LLC
Date ListedApril 16th, 2024

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