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  • MLS#: F10541130 ( Residential )
  • Street Address: 648 16th Terrace
  • Viewed: 5
  • Price: $6,000,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1939
  • Bldg sqft: 0
  • Days On Market: 40
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Nearby Subdivisions
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648 16th Terrace
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PRICED AT ONLY: $6,000,000

Address: 648 16th Terrace, Fort Lauderdale, FL 33304

Would you like to sell your home before you purchase this one?

Description
Rare turnkey single family rental portfolio in Victoria Park. Offering includes 7 folios / 8 homes totaling 18 bedrooms, at a 7% CAP RATE, all located within one of Fort Lauderdales most desirable and walkable neighborhoods. Properties are recently updated with modern finishes and major capital items completed, making this a low maintenance, investor ready portfolio requiring minimal additional investment. Strong appeal for both long term and short term tenants. Prime location just minutes to Las Olas Blvd, downtown Fort Lauderdale, beaches, and FLL Airport, surrounded by top dining, shopping, and entertainment. Victoria Park offers high tenant demand, low vacancy, reliable cash flow, and long term appreciation. Portfolio details, financials, and addresses available upon request.
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  •   Home Insurance $
  •   HOA Fees $
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Features
Building and Construction
  • Flooring: Ceramic Tile, Laminate
Garage and Parking
  • Parking Features: Assigned, Guest
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Ceiling Fan(s), Central Air
  • Electric: Three Phase
  • Heating: Central
  • Pets Allowed: Pet Restrictions Possible, Number Limit, Size Limit, Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
Amenities
  • Association Amenities: Pool, Clubhouse, Fitness Center, Golf Course, Jogging Path, Parking, Sidewalks, Street Lights, Tennis Court(s)
Finance and Tax Information
  • Home Owners Association Fee Includes: Cable TV, Common Areas, Maintenance Grounds, Security, Trash
  • Home Owners Association Fee: 423
  • Tax Year: 2018
Other Features
  • Appliances: Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Furnished: Partially
  • Interior Features: Walk-In Closet(s)
  • Legal Description: BRIARWOOD COND BLDG F UNIT 102
  • Parcel Number: 00424134030061020
  • Unit Number: 102
  • Zoning Code: RT
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