424-428 Northeast 16th Avenue
424-428 Northeast 16th Avenue
$1,320,000
—
2,726
2,726
$484
Closed Sale 4/25/24
Description
Phenomenal Multi-Family with a Charming Victoria Park House PLUS THREE ADDITIONAL rental cottages. Prime location in the Southeast corner of Victoria Park, close to Las Olas Blvd and Fort Lauderdale Beach. This Spacious 8750 sq ft lot includes a lovely 3/2 Main House [now being used as a 2/1 & efficiency] with original hardwood floors, updated kitchen and bathrooms and a fenced in backyard. In addition, there is a detached Studio and a Duplex that includes two 1bedroom /1bath apartments. All apartments...Phenomenal Multi-Family with a Charming Victoria Park House PLUS THREE ADDITIONAL rental cottages. Prime location in the Southeast corner of Victoria Park, close to Las Olas Blvd and Fort Lauderdale Beach. This Spacious 8750 sq ft lot includes a lovely 3/2 Main House [now being used as a 2/1 & efficiency] with original hardwood floors, updated kitchen and bathrooms and a fenced in backyard. In addition, there is a detached Studio and a Duplex that includes two 1bedroom /1bath apartments. All apartments have Granite Countertops and private outdoor patio. This property generates over $116, 000 in gross annual revenue, potential to generate $140, 000+ yielding above a 7% CAP. Zoned RC-15 the city will allow up to 3 townhomes. Seller accepts Conventional Loans with only 5% Down Payment!
- Listed by Dave Bartol • The Keyes Company • (917) 328-4555
Property Details for 424-428 Northeast 16th Avenue
Subdivision Name
Middle River Park 5-28 B
StyleFourplex
WaterfrontNo
Location
LISTING UPDATED: 04/26/2024 01:38 PM
Property Details for 424-428 Northeast 16th Avenue
Status | Closed Sale |
---|---|
MLS # | F10422748 |
Days on Market | 50 |
Taxes | $12,703 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Fourplex |
Year Built | 1939 |
Lot Size | - |
County | Broward County |
Location
Building Information for 424-428 Northeast 16th Avenue
Stories-Residences4Year Built1939Building Size-Lot Size-
Payment Calculator
$8,262 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 424-428 Northeast 16th Avenue
Property History for 424-428 Northeast 16th Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 424-428 Northeast 16th Avenue
Taxable ValueLand$218,750Additions$560,050Total$778,800
Tax Record2023$16,644 ($1,387 / month)
Home Facts
Total Finished SqFt2,726 SqFtAbove Grade Finished SqFt2,726 SqFtStories1Lot Size8,750 SqFtStyleMulti-Family Dwelling (2-4)Year Built1939Year Renovated1940ZoningRC-15CountyBROWARDAPN50-42-02-10-0610
Schools near 424-428 Northeast 16th Avenue
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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.