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1230 NE 16TH PL

Fort Lauderdale, FL 33305
  • $600,000
  • STATUS: Active
  • ON SITE: 148 Days
  • MLS #: F10379615
Price Reduced
UPDATED: 68 min ago
$600,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1972
County:
Area:

School Ratings & Info

Description

A strategic location with highly valuable RM-15 zoning, a vibrant and growing neighborhood provides significant upside potential. The property consists of two Fully upgraded villas with upgraded kitchens and bathrooms and a bright and open living area; each unit offers inside w/d, a private yard.Excellent. For investors looking to utilize a 1031 exchange, this fully performing asset is an ideal replacement property. The property's location, income potential, and range of units make it a strong candidate for exchange/replacement to defer capital gains taxes and increase its overall returns on investment. Leases have been renewed through 2024 by appointment only.

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All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2023 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2023-10-02T11:18:54.823.
www.suarezmiami.com/homes/139295877
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1230 NE 16TH PL Fort Lauderdale, FL 33305

  • Price: $600,000
  • Status: Active
  • On Site: 148 Days
  • Updated: 68 min ago
  • MLS #: F10379615
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1972
Built
Neighborhood:
Wayside Park
County:
Broward
Area:
3380
Property Description
A strategic location with highly valuable RM-15 zoning, a vibrant and growing neighborhood provides significant upside potential. The property consists of two Fully upgraded villas with upgraded kitchens and bathrooms and a bright and open living area; each unit offers inside w/d, a private yard.Excellent. For investors looking to utilize a 1031 exchange, this fully performing asset is an ideal replacement property. The property's location, income potential, and range of units make it a strong candidate for exchange/replacement to defer capital gains taxes and increase its overall returns on investment. Leases have been renewed through 2024 by appointment only.
Exterior Features

Approximate Lot Size 8331 Construction Type Concrete Block Construction Lot Description Less Than 1/4 Acre Lot Parking Spaces 10 Pool No Property Type Information Other Roof Description Other Roof Style Duplex Type Of Property Duplex Waterfront Property YN No

Interior Features

Ceiling Fans 2 Cooling Description Central Cooling Floor Description Tile Floors Heating Description Central Heat

Property Features

Association Type None Auction YN No Cable Available Yes Gated Community YN No Geographic Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700) Information Available Copy Of Lease(S) Possession Information At Closing Rent Includes Hot WaterLawn CareSewer REO No Sewer Description Municipal Sewer Subdivision Name Wayside Park Tax Amount 6977 Tax Information Tax Reflects City & County Tax Tax Year 2022 Terms Considered Cash Total Expenses 9852 Total Units 2 Year Built Description Resale Zoning Information Res

Listing provided courtesy of Compass Florida, Llc: . Listing information © 2023 BeachesMLS


All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2023 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2023-10-02T11:18:54.823.
 
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The Suarez Team at London Foster Realty
407 Lincoln Rd., Ste 10G
Miami Beach FL, 33139