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420 SE 16th St #420
Fort Lauderdale, FL 33316
$799,000
Active
3+
$799,000
Active
3
Bedrooms
2
Bathrooms
1
Half Baths
1,620 
Size Sq. Ft.
DOM
420 SE 16th St #420 Fort Lauderdale, FL 33316
3 Beds, 2 Baths, 1 (Half Baths), Townhouse 1,620 Sq.Ft.

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.


Listing Summary
  • Address 420 SE 16th St #420
  • City Fort Lauderdale
  • County Broward County
  • Zip 33316
  • Price $799,000 ($493 / SqFt)
  • Status Active
  • Subdivision Mackenzie Manor
  • Pets Allowed Yes
  • MLS® # F10437259
  • Property Type Condo/Co-Op/Villa/Townhouse
  • Property Sub TypeTownhouse
  • Status Active
  • Square Feet 1,620
  • Year Built 2016
  • Waterfront No
  • Maintenance Fees $400 Monthly
  • Taxes $8,683
  • Tax Year 2023
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420 SE 16th St #420
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (F10437259) is provided courtesy of (Flagler Duval). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated on 11-26-2024. IDX powered by Realty Net Media
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