608 SW 16th Ave

Fort Lauderdale, FL
$ 1,200,000 Beds 0 Baths 0 Virtual Tour
Monthly Estimate* How much can I afford?

Multi family in Fort Lauderdale with a fantastic income stream . Triple net lease at 7% cap in place for 4 more years with no expense to the owner. Presently property is rented to one company with monthly income of $7427.00 and 3% increase yearly. Tenant pays all expense for building including but not limited to tax, insurance, utilities and maintenance. Four 3 bedrooms 2 baths units, all central air, laundry room , plenty of closet spaces, newer windows and property fully fenced. 4 electric meters. Extra enclosed fenced back yard area in rear. Close to school, I-95 , beaches and airport. Contact agent for more info.

Commercial

  • Price
  • $ 1,200,000
  • Lot Size
  • 7,000 SqFt
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Year Built
  • 1970
  • Half Bathrooms
  • 0
  • City, Zip
  • Fort Lauderdale
  • Taxes
  • $ 11197
  • County
  • BROWARD
  • Style
  • Income Non-Waterfront
  • Area
  • Ft Ldale SW
  • MLS#
  • F10279746
  • Zip
  • 33312
Listing Provided by: The Keyes Company
Data Source: Fort Lauderdale

Features

General

Approximate Lot Size 7000
Area 3470
Prop Type Typeof Building Apartments
Property Description Four unit apartment
Property Sq Ft 7000
Property Type Commercial/Industrial
Section 9
Security Fenced
Styleof Property Income Non-Waterfront
Township Range 5042
Type of Property Income/Multi-Family
Water Description Public Water
Year Built 1970
Year Built Description Resale
Zoning Information RM-15

Interior Features

Cooling Description Central Individual A/C
Fire Protection Smoke Alarm
Flooring Tile Floors
Heating Description Central Electric, Central Individual A/C
Internet Yn Yes
Num Floors 2
Stories 2.0000
Units 4

Exterior Features

Buidlings 1
Construction Type Concrete Block Construction
Lot Sq Footage 7000
Parking Description Assigned Parking
Parking Spaces 5
Roof Description Comp Shingle Roof
Sewer Description Public Sanitation

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Lake Worth, FL office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/12/2021 Listed $1,200,000

Property vs Zip Code Average in 33312

Price
AVG $1.06M
$1.2M
Taxes
AVG $8,967
$11,197
Visits
AVG 84
141
Year Built
AVG 1968
1970
Walkscore
AVG 66
29
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

608 SW 16th Ave Fort Lauderdale, FL is a Single Family Home for sale at $1200000 and a lot size of 7,000 SqFt Acre(s). 608 SW 16th Ave Fort Lauderdale has 0 bedrooms, 0 baths and was built in 1970. The property's zip code is 33312 which is in Fort Lauderdale, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.