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Denise Stewart

Realtor

  • Office 866 783 6011
  • Cell 954 881 9148
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420 Se 16th St 420, Fort Lauderdale, FL – $799,000

  • $799k Price
  • 3 Beds
  • 3 Baths
  • 1,620 Sqft
  • $799k Price
  • 3 Beds
  • 3 Baths
  • 1,620 Sqft

420 Se 16th St 420

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.

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Essential Information

  • MLS® #F10437259
  • Price$799,000
  • Bedrooms3
  • Bathrooms3.00
  • Full Baths2
  • Half Baths1
  • Square Footage1,620
  • Acres0.00
  • Year Built2016
  • TypeResidential
  • Sub-TypeTownhouse
  • StyleTownhouse Fee Simple
  • StatusActive-Available
  • Pets Allowed1

Community Information

  • Address420 Se 16th St 420
  • Area3800
  • SubdivisionMackenzie Manor
  • CityFort Lauderdale
  • CountyBroward County
  • StateFL
  • Zip Code33316-2530

Amenities

  • AmenitiesExterior Lighting
  • Parking Spaces2
  • ParkingFee Simple Garage
  • # of Garages2
  • GaragesAttached
  • ViewGarden View

Interior

  • Interior FeaturesFirst Floor Entry
  • HeatingCentral Heat
  • CoolingCeiling Fans, Central Cooling

Appliances

Automatic Garage Door Opener, Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer

Exterior

Exterior Features

High Impact Doors, Open Balcony

Windows

High Impact Windows, Impact Glass

Construction

Concrete Block Construction, Slab Construction, Stucco Exterior Construction

Additional Information

  • Listing Courtesy ofFlagler Duval
  • Folio #504215550020
  • HOA Fees400
  • HOA Fees Freq.Monthly

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Listing information last updated on May 19th, 2024 at 11:00am EDT.

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