420 SE 16th St 420,  Fort Lauderdale  (33316)

$799,000

3 bedrooms 3   0 bathrooms 0   1620 square feet 1,620
Listing Image Thumbnail
Listing Image Thumbnail

PROPERTY DETAILS

Address: view address
Fort Lauderdale, FL 33316
Map Location
Features: Air Conditioning, Balcony, Garage, Pets
Bedrooms:3Square Feet:1,620 sq.ft.
Year Built:2016Styles:Townhouse Fee Simple
Property Type:TownhouseCommunity:Ft Ldale SE (3280;3600;3800)
Neighborhood:Mackenzie ManorCounty:Broward
List Date:2024-04-30Listing Number:F10437259

PROPERTY DESCRIPTION

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.

Brokerage Logo


Contact Agent

Interior

Appliances

Appliances:Microwave, Disposal, Dishwasher, Washer, Dryer, Electric Range, Oven, Refrigerator

Features

Flooring:TileInterior Features:Eat-in Kitchen

Cooling & Heating

Cooling features:Central Air, Ceiling Fan(s)Heating features:Central
Heating:Yes

Exterior

Exterior and Lot

Construction Materials:Block, StuccoStyle:Townhouse Fee Simple

Parking

Parking features:Attached, Garage Door OpenerGarage spaces:2
Attached Garage:Yes

Property Features

Property and Lot Details

Fee

Annual Tax:8683Association Fee:400.0

Building Information

Year Built:2016

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

PHOTO GALLERY

Listing Image Listing Image