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(754) 799-7545
Real Estate Company
824 Ne 16th Street, Fort Lauderdale, FL 33304
- $1,229,000
- List Price
- $1,229,000
- Days on Market
- 1
- MLS#
- B26096945
- Year Built
- 1970
- Lot Size
- 9,759
- Acres
- 0.22
Property Description
GREAT INCOME-PRODUCING INVESTMENT OPPORTUNITY IN FORT LAUDERDALE! Well-maintained 5-unit multifamily property generating $9,150 in monthly rental income and $109,800 annually! Featuring one 2-bedroom/2-bathroom unit and four 1-bedroom/1-bathroom units. Each unit includes 2 parking spaces. Four of the five units have been updated. Newer roof. New electrical panels completed in 2026. Currently owner-managed with an estimated 6.11% cap rate. Excellent opportunity to acquire a strong income-producing asset in a desirable Fort Lauderdale location.
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Additional Information
- Taxes
- $15,221
- Community Features
- Not Found
- Property Description
- Multi Family
- Zoning
- RS-8
- Utilities
- Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Sewer Available, Water Available
- Heating
- Electric, Window/Wall
- Air Conditioning
- Electric, Wall/Window Unit(s)
- Exterior Construction
- Brick, CBS Construction
- Roof
- Comp Shingle Roof, Composition Roll, Shingle
Listing Courtesy Of Inbal Ruiz, Contact: