Fort Lauderdale, FL 33311 1316 NW 3rd St
$5,400,000
41 more
Presented By: This listing is courtesy of Charles Rutenberg Realty FTL;
Beds • 5
Full/Half Baths • 4 / 2
SQFT • 1,250
Home Details
Exceptional investment opportunity featuring 17 stabilized, fully leased townhomes within a 38-unit residential community in Fort Lauderdale, FL. Most units include newer central A/C systems for long-term durability and tenant satisfaction. Mix of 1-car and 2-car garages enhances tenant appeal and functionality. Seller holds valuable Builder Rights, granting full control over the HOA and strategic influence over community operations. Tenants pay for their own water and electricity, providing operational efficiency and reduced owner expenses. Strong in-place rental income, minimal management requirements, and a prime location near major highways, schools, shopping, and vibrant Downtown Fort Lauderdale.
Presented By: This listing is courtesy of Charles Rutenberg Realty FTL;
Interior Features for 1316 NW 3rd St
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
General for 1316 NW 3rd St
Additional Parcels Y/NNo
Architectural StyleFourplex
Assoc Fee Paid PerMonthly
Attached Garage No
Carport Y/NNo
CityFort Lauderdale
Construction MaterialsBlock
CoolingCentralAir, CeilingFans
CountyBroward
DirectionsI-95 go to to East Broward Blvd. - head East. Turn left onto NW 15TH Avenue. Turn Right onto NW 2nd Street and head East. Property is on Left.
Garage Y/NNo
HOAYes
HOA Fee$250.0
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionSEMINOLE FOREST 14-16 B PORTION LOT 13 BLK 3 DESC AS: COMM NE COR LOT 15, W 100.33 ALG N/L TO POB, S 53.24, W 30.16, N 53.16, E 30.16 TO POB AKA:
LevelsTwo
Listing TermsCash, Conventional, Exchange1031
Lot Size UnitsSquareFeet
MLS Area3460
MLS Area MinorFt Ldale NW(3390-3400;3460;3540-3560;3720;3810)
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeTenant
Pool FeaturesNone
PossessionCloseOfEscrow
PostalCityFort Lauderdale
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Rent IncludesGardener, HotWater
RoofOther
Senior Community Y/NNo
SewerPublicSewer
Showing InstructionsSee Broker Remarks
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameSEMINOLE FOREST
Tax Annual Amount5580.0
Tax Year2024
UtilitiesCableNotAvailable
Virtual TourClick here
Year Built2008
Year Built DetailsEffective Year Built
Zoning DescriptionRMM-25
Exterior for 1316 NW 3rd St
Building Area Total1486.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLessThanOneAcre
Private PoolNo
SpaNo
Total Parking2.0
Waterfront Y/NNo
Additional Details
Price History
Paolo Crepaldi
Realtor
