Basic Information

  • MLS # F10422748
  • Type Duplex / Quad Plex / Triplex
  • Style Quadruplex
  • Status Sold
  • Subdivision/Complex Middle River Park 5-28 B
  • Year Built 1939
  • Total Sqft 2,726
  • Date Listed 02/08/2024
  • Days on Market 76
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 32 Main House now being used as a 21 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!

Exterior Features

  • Waterfront No
  • Pool No
  • Construction Type Block,Frame
  • Exterior Features Deck, Fence, Outdoor Shower, Porch, Patio, Room For Pool
  • Parking Spaces 0
  • Parking Description

Interior Features

  • Adjusted Sqft 2,726
  • Cooling Description Central Air,WallWindow Units
  • Floor Description Laminate,Terrazzo,Tile
  • Heating Description Central,None
  • Sqft 2,726

Property Features

  • Construction Materials Block,Frame
  • Furnished Info No
  • Listing Terms Cash,Conventional,FHA,VA Loan
  • Lot Description 14 Acre
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Middle River Park 5-28 B
  • Tax Amount $12,703
  • Tax Information MIDDLE RIVER PARK 5-28 B LOT 1 S12,2 S12,N 25 LOT 23 N 25 LOT 24 BLK 7
  • Tax Year 2021
  • Terms Considered Cash,Conventional,FHA,VA Loan
  • Type of Property Quadruplex

424-428 NE 16th Ave

Fort Lauderdale, FL 33301

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