1316 NW 3rd St, Fort Lauderdale FL 33311 | A11858426 | Broward County
- $5,400,000
1316 NW 3rd St, Fort Lauderdale FL 33311 | A11858426 | Broward County
- $5,400,000
Description
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.
Address
Open on Google Maps-
Address: 3rd St
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City: Fort Lauderdale
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State/county: Broward County
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Zip/Postal Code: 33311
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Area: SEMINOLE FOREST
Details
Updated on August 14, 2025 at 4:18 am-
Property ID A11858426
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Price $5,400,000
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Property Size 1250 Square Feet
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Year Built 2008
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Type Quadruplex
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Property Status Residential Income
Additional details
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ArchitecturalStyle Other
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AssociationFee 250
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AssociationFeeFrequency Monthly
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BuildingAreaTotal 1486
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BuildingAreaUnits Square Feet
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BuildingName SEMINOLE FOREST
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ConstructionMaterials Concrete Block Construction
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ContractStatusChangeDate 2025-08-13
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Cooling Ceiling Fan(s),Central Air
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DaysOnMarket 0
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Directions I-95 go to to East Broward Blvd. - head East. Turn left onto NW 15TH Avenue. Turn Right onto NW 2nd Street and head East. Property is on Left.
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DocumentsAvailable Investment Analysis,Rent Rolls
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Flooring Vinyl
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Heating Central
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InternetAddressDisplayYN 1
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InternetAutomatedValuationDisplayYN 1
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InternetConsumerCommentYN 1
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InternetEntireListingDisplayYN 1
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 305-778-7425
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ListAgentEmail shirleyslotwiner@gmail.com
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ListAgentFullName Shirley Slotwiner
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ListAgentKey fd05e665184fdf9589ddc3baeb058b45
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ListAgentMlsId 3287505
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ListAgentOfficePhone 305-778-7425
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ListAgentStateLicense 3287505
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ListOfficeKey a75c50288255af9fdc3cd60c8b657189
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ListOfficeMlsId CHHF01
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ListOfficeName Charles Rutenberg Realty FTL
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ListOfficePhone 305-778-7425
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ListingAgreement Exclusive Agency
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ListingContractDate 2025-08-13
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ListingKey 713c99fb7e436746a3ff3563faab5998
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ListingTerms All Cash,Conventional,Exchange
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LotFeatures 3/4 To Less Than 1 Acre Lot
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LotSizeSquareFeet 0
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MLSAreaMajor Seminole Forest
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MajorChangeTimestamp August 14, 2025 at 02:10am
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MajorChangeType New
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MlsStatus Active
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ModificationTimestamp August 14, 2025 at 02:10am
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NumberOfUnitsInCommunity 2
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OnMarketDate 2025-08-13
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OriginalEntryTimestamp August 14, 2025 at 02:10am
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OriginalListPrice 5400000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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ParcelNumber 504204500180
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ParkingTotal 2
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PhotosChangeTimestamp August 14, 2025 at 02:17am
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PhotosCount 46
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PostalCodePlus4 8981
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PriceChangeTimestamp August 13, 2025 at 09:04pm
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PublicSurveyRange 50
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PublicSurveyTownship 50
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RentIncludes Hot Water,Gardener
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Roof Other
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Sewer Public Sewer
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ShowingInstructions See Broker Remarks
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SourceSystemKey 419235072
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StateOrProvince FL
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StatusChangeTimestamp August 14, 2025 at 02:10am
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Stories 2
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StoriesTotal 2
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StreetDirPrefix NW
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StreetName 3rd St
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StreetNumber 1316
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StreetNumberNumeric 1316
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StructureType Quadruplex,Fourplex
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SyndicationRemarks 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.
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TaxAnnualAmount 5580
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TaxLegalDescription SEMINOLE FOREST 14-16 B PORTION LOT 13 BLK 3 DESC AS: COMM NE COR LOT 15,W 100.33 ALG N/L TO POB,S 53.24,W 30.16,N 53.16,E 30.16 TO POB AKA:
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TaxYear 2024
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YearBuiltDetails Effective Year Built
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Zoning RMM-25
Mortgage Calculator
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Monthly HOA Fees