Fort Lauderdale, FL 33304,648 NE 16th Terr
Fort Lauderdale, FL 33304,648 NE 16th Terr
Fort Lauderdale, FL 33304,648 NE 16th Terr
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$6,000,000
Est. payment /mo
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1,484 SqFt
Active

648 NE 16th Terr Fort Lauderdale, FL 33304

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Deborah Espinet

Deborah Espinet

+1(407) 687-9340

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,484 sqft

Price per Sqft $4,043

Subdivision Greens Sub 19-18 B

MLS Listing ID F10541130

Style Duplex

Construction Status Resale

Year Built 1939

Annual Tax Amount $10,550

Tax Year 2024

Property Sub-Type Duplex

Property Description

Rare turnkey single-family rental portfolio in Victoria Park. Offering includes 7 folios / 8 homes totaling 18 bedrooms, at a 7% CAP RATE, all located within one of Fort Lauderdale's most desirable and walkable neighborhoods. Properties are recently updated with modern finishes and major capital items completed, making this a low-maintenance, investor-ready portfolio requiring minimal additional investment. Strong appeal for both long-term and short-term tenants. Prime location just minutes to Las Olas Blvd, downtown Fort Lauderdale, beaches, and FLL Airport, surrounded by top dining, shopping, and entertainment. Victoria Park offers high tenant demand, low vacancy, reliable cash flow, and long-term appreciation. Portfolio details, financials, and addresses available upon request.

Location

State FL

County Broward County

Area Ft Ldale Nw(3390-3400;3460;3540-3560;3720;3810)

Interior

Heating Central Heat

Cooling Central Cooling

Flooring Laminate

Exterior

Roof Type Comp Shingle Roof

Building

Lot Description Less Than 1/4 Acre Lot

Story 1.0000

Foundation Frame Construction

Sewer Municipal Sewer

Water Municipal Water

Construction Status Resale

Others

Acceptable Financing Cash, Conventional, Owner Financing

Listing Terms Cash, Conventional, Owner Financing

Virtual Tour https://www.propertypanorama.com/648-NE-16th-Terr-Fort-Lauderdale-FL-33304/unbranded

BeachesMLS Matrix (RAPB-F prefix)
Listed by Charles Rutenberg Realty FTL

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Deborah Espinet

Deborah Espinet

Agent | BKSL3451080

+1(407) 687-9340

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