Multifamily in Fort Lauderdale, FL 33304
Lake Ridge, 1108 NE 16th Ter

3,300
SqFt
Status
OFF MARKETExpired
Size
3,300 SqFt (307 m2)
Price
$215/SqFt ($2,316/m2)
Type
Multifamily
Built
1946
MLS Number
F10152704
On Site
2829 Days
Updated
227 Days ago
Page Views
0
Fantastic 4-Plex in Ft Lauderdale's Lakeridge. Consists of (1) 3 bedroom/2 bath-(1) 2 bedroom/2 bath-(1) 2 bedroom/1 bath-(1) efficiency. New roof replaced in 2007 & Hurricane Impact windows/doors for windstorm protection and security. Property currently has one tenant on month-to-month agreement (vacating January). Hot rental neighborhood with a potential proforma of 6.72%-7.19% CAP rate. (3) meters for the property. Washer/Dryer hook-up for additional income. Oversized 10,126 sq.ft. lot! (4) Parking spaces & (3) guest parking spaces. Property RC=15 zoning. Central air for all units (no wall units). Property exterior was recently painted & new tile flooring in 3 of the units. Come add your personal touches and draw a nice income. Close to Galleria Mall, fine dining, shopping, & the beach!

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Balcony
      Interior, Heating and Cooling
      • Heating Description: Central, SeparateMeters
      • Cooling Description: CentralAir
      Building and Construction
      • Floor Description: Terrazzo,Tile
      • Windows/Treatment: Blinds,ImpactGlass
      • Year Built: 1946
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2018-12-12T19:00:00.000-00:00
        Taxes, Fees & More
        • Maintenance Includes: Gas, HotWater, MaintenanceGrounds, Sewer, Trash, Water
        • Taxes: 7467
        • Real Estate Taxes: 391380
        • Total Floors in Building: 1
        • Total Units in Complex: 44

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        Price History

        Date
        Event
        Price
        Change
        Price Per
        11/13/2021
        Listed
        $710K
         
        $215 ft2
        $2,316 m2
        11/13/2021
        $710K
        Event
        Listed
        Price Per
        $215 ft2
        $2,316 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Jamie Gillard • LoKation • Buyer Agency Compensation .

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        Scores

        Walk Score®
        Very Walkable. Most errands can be accomplished on foot
        81

        100
        Transit Score®
        Some Transit. A few nearby public transportation options
        38

        100
        Bike Score®
        Bikeable. Some bike infrastructure
        57

        100
        Sound Score®
        Bearable noise
        77

        100
        Airport Score
        Close to airports. Noticeable airport activity
        0

        100
        Traffic Score
        Congested area. Frequent traffic delays
        29

        100
        Local Score
        Limited local amenities nearby
        1

        100
        Community Snapshot
        1 – 4 BR
        Bedrooms
        $145K – $1.6M
        Price Tier
        540 - 10,650
        SqFt Range
        2004
        Year Build
        2
        Total Floors

        Subdivision Amenities

        None
        Pool

        Fort Lauderdale
        Mid-Tier
        Mid-Tier Homes & Condos

        Lake Ridge Communities in Fort Lauderdale, FL