312 16th Ter ,Mixed Use for Sale

312 16th Ter for Sale

Price $3,299,000.00

• Lot size 11691
• Year Build 1958
• Waterfront
• Zip 33301
• Style
• Parking Description
• Pool Yes
• Status Active

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!

VICTORIA PARK CORR AMEN PLAT 10-66 B LOT 1 BLK 6

Corner Lot, Near Airport, Near Seaport, In Residential Area

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!

City:Fort Lauderdale,Zoning:RC-15,List A O R:A-Miami Association of REALTORS,Tax Year:2023,Flooring:1:Tile,Latitude:26.125743,Cooling Y N:1,List Price:3299000,Listing Id:A11570702,Longitude:-80.1257167,Mls Status:Active,Year Built:1958,Inclusions:Building & Land,Furniture,Leases, Furniture/Fixtures,Leases,Postal Code:33301,Street Name:16th Ter,Coordinates:1:26.125743,Lot Features:1:Near Airport,2:Near Seaport,3:In Residential Area,Photos Count:77,Business Type:1:Residential-Multi-Family,Listing Terms:1:Conventional/Refinance,2:Cryptocurrency,Lot Size Units:Square Feet,M I A M I R E_ Area:3240,On Market Date:2024-04-16,Parcel Number:504202150780,Property Type:Commercial Sale,Street Number:312,Public Remarks: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!,Approval Status:Unapproved,County Or Parish:Broward County,List Office Name:Vera Realty LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3856,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NE,Tax Annual Amount:38615,Unparsed Address:312 NE 16th Ter, Fort Lauderdale FL 33301,Listing Agreement:Exclusive Right To Sell,Security Features:1:Smoke Detector(s),2:Security Fence,Building Area Total:4325,Building Area Units:Square Feet,Lot Size Square Feet:11691,Original List Price:3299000,Public Survey Range:50,Documents Available:1:Photos,I D X Participation Y N:1,Syndication Remarks: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!,Listing Contract Date:2024-04-16,Originating System I D:miamire,Showing Instructions:Call Listing Agent,Street Number Numeric:312,Tax Legal Description:VICTORIA PARK CORR AMEN PLAT 10-66 B LOT 1 BLK 6,Gross Scheduled Income:15000,Public Survey Township:50,Construction Materials:1:CBS Construction,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:0,00001%,M I A M I R E_ Internet Remarks:Please call LA for details.,Contract Status Change Date:2024-04-16,Internet Address Display Y N:1,Number Of Units In Community:5,M I A M I R E_ Ok To Advertise List:No,Transaction Broker Compensation:2,5%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 2,5%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,