420 SE 16th St #420

Fort Lauderdale, FL 33316 View Map $799,000 Schedule a Tour
Beds3
Baths2Full11/2
Sq.Ft.1,620
Year2016

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(305) 590-5844

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Status: Active
Property Type:Townhouse
MLS #:F10437259
Sq. Feet:1,620
On Site:55 Days
County:Broward
Monthly HOA:$400
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.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:420 SE 16th St #420, Fort Lauderdale, FL 33316
County:Broward
Area:3800
Subdivision/Condo Project:Mackenzie Manor
Zip Code:33316

Architecture

Unit Number:#420
Bedrooms: 3
Bathrooms: 2 Full / 1 Half
Year Built:2016
Stories:2
Construction Materials: Block, Stucco
Unit Floor Number: 1
Foundation: Slab

Features / Amenities

Interior Features: Breakfast Bar, DualSinks, Eat-in Kitchen, First Floor Entry, Living/Dining Room, MainLivingAreaEntryLevel, Upper Level Master
Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer/Dryer, Washer
Flooring: Tile
Exterior Features: Balcony, Security/High Impact Doors
Building Features: Exterior Lighting
Patio And Porch: Balcony, Open
Direction Faces: North
Entry Level: 1
Security Features: Complex Fenced
Window: Impact Glass
Parking Features: Attached, Deeded, Garage, Garage Door Opener
Garage Spaces: 2.0
Covered Spaces: 2.0
Special Info: Listed As-Is, Survey
Cooling: Central Air, Ceiling Fan(s)
Heating: Central

Property Features

View: Garden
Utilities: Cable Available
Directions:Federal Hwy to SE 16th Street going west. Townhome community on the south side.

Tax and Financial Info

Tax Year: 2023
Tax Annual Amount: $8,683
Terms: Cash, Conventional
Documents Available: Survey
HOPA: No HOPA
Association Fee: $400 (paid Monthly)
Association Fee 2: $400
Association Fee Includes: Association Management, Common Areas, Legal/Accounting, Maintenance Grounds, Maintenance Structure
Pets Allowed: Breed Restrictions, Yes

Schools

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420 SE 16th St #420 Fort Lauderdale,  FL 33316
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420 SE 16th St #420 Fort Lauderdale, FL 33316
 
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Listing Information Last Updated 6/23/2024
Listing provided courtesy of Flagler Duval (954-760-4888).
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.