420 Southeast 16th Street, Unit 420

Fort Lauderdale, FL 33316

$799,000
Price
3
Beds
2
Baths
1
1/2 Bath
1,620 Sq. Ft.
$493 / Sq. Ft.
1,620
Sq. Ft.
$493
per Sq. Ft.

Description

Discover an exceptional investment opportunity in downtown Fort Lauderdale with this fully leased townhome community, boasting a seamless operation managed by a reputable sober living company owned by a New York REIT for past 7 years. Current rental rate is $4,800/month. Renewal term is 5 years @ $5,200/month. Corporate tenant pays all utilities and repairs. The HOA management handles rental collections and repairs for all unit owners. This is a turn key investment with minimal effort for owner/investor....Discover an exceptional investment opportunity in downtown Fort Lauderdale with this fully leased townhome community, boasting a seamless operation managed by a reputable sober living company owned by a New York REIT for past 7 years. Current rental rate is $4,800/month. Renewal term is 5 years @ $5,200/month. Corporate tenant pays all utilities and repairs. The HOA management handles rental collections and repairs for all unit owners. This is a turn key investment with minimal effort for owner/investor. 3 bedroom 2.5 bath unit featuring 2 levels, w/ balcony and a two car garage. Great steady investment with appreciation upside, being a fee simple townhome in down town Fort Lauderdale, next to Whole Foods, the famous SE 17th St Causeway bridge and a short ride to the beach.
  1. Listed by Scott Coloney • Flagler Duval

Property Details for 420 Southeast 16th Street, Unit 420

Subdivision Name
Mackenzie Manor
Complex Name
Mackenzie Manor
Style
Townhouse Fee Simple
Waterfront
No
View
Garden View
Unit View
Garden View

Location

Listing Courtesy of Flagler Duval
Add your commute
LISTING UPDATED: 04/30/2024 09:09 PM

Property Details for 420 Southeast 16th Street, Unit 420

StatusActive
MLS #F10437259
Days on Market17
Taxes$8,683 / year
HOA Fees$400 / month
Condo/Co-op Fees$400 / month
Compass TypeTownhouse
MLS TypeCondo/Co-Op/Villa/Townhouse / Townhouse
Year Built2016
Lot Size-
CountyBroward County

Location

Listing Courtesy of Flagler Duval
Add your commute

Building Information for 420 Southeast 16th Street, Unit 420

Stories2Residences-Year Built2016Lot Size-

Payment Calculator

$5,884 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,360

Property Taxes

$724

HOA Dues

$800

The Payment Calculator is for illustrative purposes only.

Property Information for 420 Southeast 16th Street, Unit 420

General Information
General Information
  • Sq Ft Liv Area: 1620.0
  • Pets Allowed: Yes
  • Pet Restrictions: No Aggressive Breeds
  • Township Range: 5042
  • Street Number Numeric: 420
  • Street Number: 420
  • Street Direction Prefix: SE
  • Street Name: 16th St
  • County Or Parish: Broward County
  • Postal Code: 33316
  • City and Location Text: Fort Lauderdale
  • Accessibility Features: First Floor Entry
  • Pets On Premises YN: No
  • Pet Fee: $0
  • City Postal ID: 33316
Maintenance / Tax Information
  • Maintenance Includes: Building Exterior, Common Area, Landscaping/Lawn Maintenance, Legal/Accounting, Manager
  • Tax Amount: $8,683
  • Tax Information: Tax Reflects City & County Tax
  • Tax Year: 2023
Building Information
  • Property Detached: No
  • Property Type: Condo/Co-Op/Villa/Townhouse
  • Subdivision Complex Bldg: Mackenzie Manor
  • Total Floors In Building: 2
  • Total Num of Units In Building: 4
  • Total Num of Units In Complex: 8
  • Type of Governing Bodies: Homeowner Association
  • Type of Property: Townhouse
  • Year Built Numeric: 2016
  • Year Built Description: Resale
  • Age of Roof: 2015
  • Tltl Units in Complex: 4
  • MLS Area: 3800
Virtual Tour / Features / Utilities
Interior
  • Amenities: Exterior Lighting
  • Room Count: 0
  • Equipment Appliances: Automatic Garage Door Opener, Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Floor Description: Tile Floors
  • Interior Features: First Floor Entry
  • Main Living Area: Entry Level
  • Unit Design: Corner Unit, West Of Us1
  • Unit Floor Location: 1
  • Flooring: Tile Floors
Exterior
  • Exterior Features: High Impact Doors, Open Balcony
  • Balcony Porch/Patio: Yes
  • Construction Type: Concrete Block Construction, Slab Construction, Stucco Exterior Construction
  • Front Exposure: North
  • Windows Treatment: High Impact Windows, Impact Glass
  • Construction: Concrete Block Construction, Slab Construction, Stucco Exterior Construction
Room Information
  • Master Bathroom Description: Combination Tub & Shower, Dual Sinks
  • Bedroom Description: Master Bedroom Upstairs
  • Dining Description: Dining/Living Room, Eat-In Kitchen, Snack Bar/Counter
  • Beds Total: 3.0
  • Num of Full Baths: 2.0
  • Num of Half Baths: 1.0
  • Master Bath Features: Combination Tub & Shower, Dual Sinks
  • Main Level Bedrooms: 0
  • Main Level Bathrooms: 1
Parking
  • Garage Description: Attached
  • Parking Description: Fee Simple Garage
Utilities
  • Cooling Description: Ceiling Fans, Central Cooling
  • Heating Description: Central Heat
  • Cable Available: Yes
  • Laundry Appliances: Washer and Dryer
Property / Lot Information
Building Information
  • Type of Association: Homeowners
  • Num Ceiling Fans: 3
  • Num Garage Spaces: 2
  • Num Interior Levels: 2
  • Unit Number: 420
  • Stories: 2
  • Units in Building: 4
Community Information
  • Housing Older Persons Act: No HOPA
  • Association Fee: $400
  • Assoc Fee Paid Per: Monthly
  • Gated Community YN: No
  • Property Management: Yes
Location Information
  • Area: 3800
  • Directions: Federal Hwy to SE 16th Street going west. Townhome community on the south side.
  • Geographic Area: Ft Ldale SE (3280;3600;3800)
  • Parcel Number Free Text: 504215550020
  • Section: 15
  • State: FL
Lot Information
  • Land Lease Amount: $0
Rent Information
Rent Information
  • Application Fee: $65
  • Minimum Num of Days for Lease: 365
  • Rec Lease Month: $0
Rent Status
  • Other Fees: $65

Property History for 420 Southeast 16th Street, Unit 420

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 420 Southeast 16th Street, Unit 420

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Croissant Park Elementary School
PublicPK to 5

New River Middle School
Public6 to 8

Stranahan High School
Public9 to 12

Charter School Of Excellence
CharterK 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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420 Southeast 16th Street, Unit 420 is a townhouse for sale in Fort Lauderdale, FL 33316. This property was listed for sale on April 30, 2024 by Flagler Duval, it's currently listed at $799,000. This listing's school district is Broward. Nearby schools include Croissant Park Elementary School, New River Middle School and Stranahan High School. 420 Southeast 16th Street, Unit 420 is a 3-bed, 2.5-bath, 1,620 sqft townhouse built in 2016.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Flagler Duval

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.