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1324 NE 16th Ave Fort Lauderdale, FL 33304
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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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Bought with BHHS EWM Realty
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