Multifamily in Fort Lauderdale, FL 33305
Wayside Park, 1230 NE 16th Pl

Multifamily
Built in 1972
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.
MLS Number: F10379615
On Site: 1233 Days
Updated: 1069 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Tile
        • Year Built: 1972
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2023-05-06T12:42:15.000-00:00
          Taxes, Fees & More
          • Taxes: 6977
          • Total Units in Building: 2

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          Price History

          Current
          $600K
          High
          $659K
          Low
          $600K
          Total Change
          -9%
          $666K$630K$593KMay 23Jun 23Sep 23Sep 23
          Date
          Event
          Price
          Change
          Price Per
          09/27/2023
          Price Reduced
          $600K
          -3.07%
          N/A ft2
          N/A m2
          09/08/2023
          Price Reduced
          $619K
          -4.62%
          N/A ft2
          N/A m2
          06/05/2023
          Price Reduced
          $649K
          -1.52%
          N/A ft2
          N/A m2
          05/06/2023
          Listed
          $659K
           
          N/A ft2
          N/A m2
          09/27/2023
          $600K
          Event
          Price Reduced
          Change
          -3.07%
          Price Per
          N/A ft2
          N/A m2
          09/08/2023
          $619K
          Event
          Price Reduced
          Change
          -4.62%
          Price Per
          N/A ft2
          N/A m2
          06/05/2023
          $649K
          Event
          Price Reduced
          Change
          -1.52%
          Price Per
          N/A ft2
          N/A m2
          05/06/2023
          $659K
          Event
          Listed
          Price Per
          N/A ft2
          N/A m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Juan NoriegaCompass Florida, LLC • Buyer Agency Compensation .

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          Scores

          Walk Score®
          Somewhat Walkable. Some errands can be accomplished on foot
          57

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          33

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          58

          100
          Sound Score®
          Bearable noise
          78

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          27

          100
          Local Score
          Limited local amenities nearby
          3

          100
          Community Snapshot
          1959
          Year Build