Multifamily in Fort Lauderdale, FL 33311
Tango Village, 1316 NW 3rd St

$5.4M3.7%
$5,200,000
1,250
SqFt
Status
OFF MARKETExpired
Size
1,250 SqFt (116 m2)
Price
$4,160/SqFt ($44,778/m2)
Type
Multifamily
Built
2008
HOA
$250/MO
MLS Number
A11858426
On Site
393 Days
Updated
357 Days ago
Page Views
0
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.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir, CeilingFans
        Building and Construction
        • Floor Description: Vinyl
        • Year Built: 2008
        • Year Built Description: Effective Year Built
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-08-13T22:10:30.000-00:00
          Taxes, Fees & More
          • Taxes: 5580

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          Price History

          Current
          $5.2M
          High
          $5.4M
          Low
          $5.2M
          Total Change
          -3.7%
          $5.4M$5.3M$5.2MAug 25Sep 25
          Date
          Event
          Price
          Change
          Price Per
          09/19/2025
          Price Reduced
          $5.2M
          -3.7%
          $4,160 ft2
          $44,778 m2
          08/13/2025
          Listed
          $5.4M
           
          $4,320 ft2
          $46,500 m2
          09/19/2025
          $5.2M
          Event
          Price Reduced
          Change
          -3.7%
          Price Per
          $4,160 ft2
          $44,778 m2
          08/13/2025
          $5.4M
          Event
          Listed
          Price Per
          $4,320 ft2
          $46,500 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Shirley Slotwiner • Charles Rutenberg Realty FTL • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Somewhat Walkable. Some errands can be accomplished on foot
          69

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          49

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          50

          100
          Sound Score®
          Bearable noise
          75

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          30

          100
          Local Score
          Limited local amenities nearby
          2

          100
          Community Snapshot
          2 – 2 BR
          Bedrooms
          $320K – $320K
          Price Tier
          1,225 - 1,520
          SqFt Range
          2008
          Year Build
          2
          Total Floors

          Subdivision Amenities

          None

          Fort Lauderdale
          Entry-Level
          Entry-Level Homes & Condos

          Seminole Forest Communities in Fort Lauderdale, FL