Outstanding Property! Great Location! Conforming legal 5 plex all units updated, located in the heart of East Fort Lauderdale’s Charming Poinsettia Heights neighborhood. Sunny & Bright property has been completely updated, including newer kitchens with granite countertops, stainless steel appliances, Hurricane windows & doors, tile floors, 5 individual electric meters. This income property currently generates $108,000 in gross annual revenue with potential to generate over $200,000/year. Most units are month to month and can easily be converted into furnished rentals. Priced to Sell!
Sold for $1,320,000 on 04/03/23
$1,320,000
1324 NE 16th Ave, Fort Lauderdale, FL 33304
5beds
5baths
2,911sqft
Quadruplex
Built in 1972
-- sqft lot
$1,456,000 Zestimate®
$453/sqft
$5,620 Estimated rent
Owner options
What's special
Zillow last checked: 10 hours ago
Listing updated: April 04, 2023 at 12:41pm
Listed by:
Sandra Panesso 561-929-3722,
The Keyes Company
Bought with:
Jena Congdon, 0350540
BHHS EWM Realty
Source: MIAMI,MLS#: A11328004
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Features
- Flooring: Tile
Interior area
- Total interior livable area: 2,911 sqft
Property
Parking
- Total spaces: 7
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 494234028170
- Zoning: residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Concrete Block Construction
- Roof: Shingle
Condition
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & neighborhood
Location
- Region: Fort Lauderdale
- Subdivision: Progresso
Other
Other facts
- Listing terms: Cash,Conventional
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,456,000