Closed

Las Olas Park, 1516 NE 6th St, Fort Lauderdale, FL 33304

2,100,000(-9.13% )
2,711SqFt

Save

Details

Save

Status:
Sold - Jun 29, 2023
Size: 2,711 SqFt (252 m2)
Price: $704/SqFt ($7,576/m2)
Type: Multi Family
Built: 1965
MLS Number: F10357978
On Site: 988 Days
Updated: 774 Days ago
Page Views: 0
Reduced price!! Investment opportunity projected 8%++ cap rate!! Newly renovated and furnished 4-plex in prime victoria park! Brand new roof, central air, electric panels, impact windows/doors, floors, appliances, bathrooms, grills, fence, and more! Truly a must-see renovation ready for an investor or operator to start short or long term rentals just in time for busy season! Each unit boasts key-pad entry, dishwasher, private washer/dryer, walk in closets, flat screen tvs, kuereg coffee makers, disposals, and more. ***pictures display partial furnishing; inventory list available upon request!***airbnb pro forma also available upon request*** gross/net income listed are projected based on jan-march 2023 operations
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Barbecue, Fence, SecurityHighImpactDoors, Lighting, Porch, Shed
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir, CeilingFans
      Building and Construction
      • Floor Description: Other
      • Windows/Treatment: Blinds,ImpactGlass
      • Year Built: 1965
      • Year Built Description: Resale
      • Style: Fourplex
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2022-11-28T12:18:24.000-00:00
        Taxes, Fees & More
        • Taxes: 15725
        • Total Units in Building: 4

        Price History

        06/29/2023

        Date

        Sold

        Event

        $1.9M

        Price

        -9.13%

        Change Rate

        $704 ft2 / $7,576 m2

        Price Per

        04/28/2023

        Date

        Price Reduced

        Event

        $2.1M

        Price

        -4.55%

        Change Rate

        $775 ft2 / $8,338 m2

        Price Per

        04/05/2023

        Date

        Price Reduced

        Event

        $2.2M

        Price

        -6.38%

        Change Rate

        $812 ft2 / $8,735 m2

        Price Per

        11/30/2022

        Date

        Listed

        Event

        $2.4M

        Price

        $867 ft2 / $9,331 m2

        Price Per

        Price per square foot and days on website are not provided values and are calculated by Subdivisions.

        Listed by Lauren DekokThe Keyes Company • Buyer Agency Compensation .

        Instant Comps

        $400/ft²
        $500/ft²
        $700/ft²
        $900/ft²

        Unit 1516 NE 6th St – Asking

        $704/ft²

        (+12%) from Closed Medium $/ft²

        Closed Medium $/ft²

        $631/ft²
        Community $/Price Range (Closed) $508/ft² – $794/ft²
        No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
        THINKING OF SELLING IN Las Olas Park at Fort Lauderdale?

        Request a Comparative Market Analysis (CMA), It's free and comes with no obligation.

        Fort Lauderdale
        Mid-Tier Homes & Condos

        Victoria Park Communities in Fort Lauderdale, FL

        Logo

        The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

        Copyright © 2025 Subdivisions.com • All Rights Reserved • Made with ❤ in Miami, Florida.