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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

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    $5,620/mo

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    $5,620/mo

    Rent Zestimate®

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    $9,265/mo

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    $9,265/mo

    Est. payment

    What's special

    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!

    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#: A11328004MLS LogoOriginating 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
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    Estimated market value
    $1,456,000