About 1316 Nw 3rd St
Exceptional investment opportunity featuring 17 stabilized, fully leased townhomes within a 38-unit residential community in Fort Lauderdale, FL. Most units include newer central A/C systems for long-term durability and tenant satisfaction. Mix of 1-car and 2-car garages enhances tenant appeal and functionality. Seller holds valuable Builder Rights, granting full control over the HOA and strategic influence over community operations. Tenants pay for their own water and electricity, providing operational efficiency and reduced owner expenses. Strong in-place rental income, minimal management requirements, and a prime location near major highways, schools, shopping, and vibrant Downtown Fort Lauderdale.
Features of 1316 Nw 3rd St
| MLS® # | A11858426 |
|---|---|
| Price | $5,200,000 |
| Bathrooms | 0.00 |
| Square Footage | 1,250 |
| Acres | 0.00 |
| Year Built | 2008 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Style | Fourplex |
| Status | Active |
Community Information
| Address | 1316 Nw 3rd St |
|---|---|
| Area | 3460 |
| Subdivision | SEMINOLE FOREST |
| City | Fort Lauderdale |
| County | Broward |
| State | FL |
| Zip Code | 33311-8981 |
Amenities
| Utilities | Cable Not Available |
|---|---|
| Parking Spaces | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Vinyl |
|---|---|
| Heating | Central |
| Cooling | Central Air, Ceiling Fan(s) |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Roof | Other |
|---|---|
| Construction | Block |
Additional Information
| Date Listed | August 13th, 2025 |
|---|---|
| Days on Market | 74 |
| Zoning | RMM-25 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 250 |
| HOA Fees Freq. | Monthly |
Listing Details
| Office | Charles Rutenberg Realty FTL |
|---|