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  3. 312 NE 16th Ter, Fort Lauderdale FL 33301,Fort Lauderdale,Broward County,Residential Income

312 NE 16th Ter, Fort Lauderdale FL 33301,Fort Lauderdale,Broward County,Residential Income

$ 3,299,000
312 NE 16th Ter, Fort Lauderdale FL 33301, ,
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Overview

  • Updated On:
  • April 17, 2024
  • 4,325 ft2

Property Description

Rare opportunity in coveted Victoria Park! Prime multi-family property boasting 5 legal units in Fort Lauderdale’s most desirable locale. Steps from Las Olas and downtown, with the beach just 10 minutes away. This unique corner lot spans 10,000 sqft, presenting endless potential for savvy investors. Explore the possibility of developing 3 to 4 townhomes, capitalizing on the rapidly expanding new development scene. The fifth unit, a 2-bed, 1-bath gem, currently generates $3,400/month in rental income. Don’t miss your chance to secure a lucrative investment in this thriving community!

Property Address

Address: 312 NE 16th Ter, Fort Lauderdale FL 33301
City:
Area:
State/County:
Zip: 33301
Country: United States
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Property Details

Property Id : 3979285
Price: $ 3,299,000
Property Size: 4,325 ft2

Property Features

Other Features
Has Cooling System
Has Heating System

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Christopher J. Lazaro, MBA

Global Real Estate & Lending Advisor
(305) 985-6285
(305) 859-4733
christopher@miamibeachbrokers.com
www.MiamiBroker.Pro
Member of: Miami Association of Realtors, Broward, Palm Beaches & St. Lucie Realtors®

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