312 Northeast 16th Terrace
312 Northeast 16th Terrace
$3,299,000
—
4,325
4,325
$763
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....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!
- Listed by Valeriia Afanasieva • Vera Realty LLC
Property Details for 312 Northeast 16th Terrace
Subdivision
VICTORIA PARK CORR AMEN P
StyleFourplex
WaterfrontNo
Area3240
Geographic AreaFt Ldale NE (3240-3270;3350-3380;3440-3450;3700)
AuctionNo
Num Stories2
Sq Ft Total4325
Location
LISTING UPDATED: 04/16/2024 07:00 PM
Property Details for 312 Northeast 16th Terrace
Status | Active |
---|---|
MLS # | A11570666 |
Days on Market | 45 |
Taxes | $38,615 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family Income / Fourplex |
Year Built | 1958 |
Lot Size | - |
County | Broward County |
Building
Location
Building Information for 312 Northeast 16th Terrace
Stories2Residences-Year Built1958Building Size-Lot Size-
Payment Calculator
$21,222 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 312 Northeast 16th Terrace
Property History for 312 Northeast 16th Terrace
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 312 Northeast 16th Terrace
Taxable ValueLand$292,280Additions$1,625,390Total$1,917,670
Tax Record2023$38,615 ($3,218 / month)
Home Facts
Total Finished SqFt4,325 SqFtAbove Grade Finished SqFt4,325 SqFtStories2Lot Size11,691 SqFtStyleMulti-Family Dwelling (2-4)Year Built1958Year Renovated1959ZoningRC-15CountyBROWARDAPN50-42-02-15-0780
Schools near 312 Northeast 16th Terrace
This home is within Broward.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
Harbordale Elementary School PublicPK to 5 | ||
Sunrise Middle School Public6 to 8 | ||
Fort Lauderdale High School Public9 to 12 | ||
Virginia Shuman Young Elementary School PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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