1316 3rd St ,Other, Quadruplex, Seminole Forest for Sale

1316 3rd St for Sale

Price $5,400,000.00

• Lot size 1486
• Year Build 2008
• Waterfront
• Zip 33311
• Style Other
• Parking Description
• Pool Yes
• Status Active

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.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11858426 Please do not disturb the tenants. All showings are by appointment only. Please call Tal from more information 305-778-7425

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:

3/4 To Less Than 1 Acre Lot

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.

City:Fort Lauderdale,Zoning:RMM-25,Cooling:1:Central Air,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2024,Latitude:26.1241476,Cooling Y N:1,Heating Y N:1,List Price:5400000,Listing Id:A11858426,Longitude:-80.1591824,Mls Status:Active,Year Built:2008,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.,Living Area:1250,Postal Code:33311,Street Name:3rd St,Coordinates:1:26.1241476,Photos Count:46,Building Name:SEMINOLE FOREST,Listing Terms:1:Conventional,2:Exchange,Lot Size Units:Square Feet,M I A M I R E_ Area:3460,M L S Area Major:Seminole Forest,On Market Date:2025-08-13,Parcel Number:504204500180,Parking Total:2,Property Type:Residential Income,Rent Includes:1:Gardener,Stories Total:2,Street Number:1316,Association Y N:1,M I A M I R E_ Style:Fourplex,Public Remarks: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.,Structure Type:1:Fourplex,Association Fee:250,County Or Parish:Broward County,List Office Name:Charles Rutenberg Realty FTL,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:8981,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:SEMINOLE FOREST,Tax Annual Amount:5580,Unparsed Address:1316 NW 3rd St, Fort Lauderdale FL 33311,Listing Agreement:Exclusive Agency,Year Built Details:Effective Year Built,Building Area Total:1486,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:4320,Original List Price:5400000,Public Survey Range:50,Documents Available:1:Rent Rolls,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2025-08-13,Originating System I D:miamire,Showing Instructions:See Broker Remarks,Street Number Numeric:1316,Tax Legal Description: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:,Public Survey Township:50,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:1225,Association Fee Frequency:Monthly,M I A M I R E_ Internet Remarks:Amazing property for Sale. Please call listing agent for more information.,Contract Status Change Date:2025-08-13,Internet Address Display Y N:1,Number Of Units In Community:2,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution Required (Agent and Office),Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:4320,Internet Automated Valuation Display Y N:1,