Multifamily in Fort Lauderdale, FL 33301Middle River Park, 424 NE 16th Ave
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OFF MARKET
2,726
SqFtStatus
OFF MARKETExpired
Size
2,726 SqFt (253 m2)
Price
$499/SqFt ($5,366/m2)
Type
Multifamily
Built
1939
MLS Number
F10365344
On Site
1324 Days
Updated
1248 Days ago
Page Views
0
Phenomenal Multi-Family property consists of a Charming Victoria Park House PLUS THREE ADDITIONAL separate rental cottages. Located in a prime location in the Southeast corner of Victoria Park, close to Las Olas Blvd and Fort Lauderdale Beach. This Spacious 8750 sq ft lot includes a lovely 3/2 Main House [now being used as a 2/1 & efficiency] with original hardwood floors, updated kitchen and bathrooms and a fenced in backyard. In addition, there is a detached Studio and a Duplex that includes two 1bedroom /1bath apartments. This income property currently generates over $115, 000 in gross annual revenue, potential to generate over $165, 000 per year yielding above a 10 Cap. All units are currently short term and can be converted into furnished rentals for increased revenue.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: Deck, Fence, OutdoorShower, Porch, Patio, RoomForPool
Interior, Heating and Cooling
- Heating Description: Central,None
- Cooling Description: CentralAir, WallWindowUnits
Building and Construction
- Floor Description: Laminate, Terrazzo, Tile
- Year Built: 1939
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2023-01-26T18:10:24.000-00:00
Taxes, Fees & More
- Taxes: 12703
- Total Units in Building: 4
Apples-to-Apples Comparables
Price History
Current
$1.4M
High
$1.5M
Low
$1.4M
Total Change
-9.3%Date
Event
Price
Change
Price Per
03/31/2023
Price Reduced
$1.4M
-2.86%$499 ft2
$5,366 m2
02/28/2023
Price Reduced
$1.4M
-6.67%$513 ft2
$5,524 m2
01/26/2023
Listed
$1.5M
 $550 ft2
$5,919 m2
03/31/2023
$1.4M
Event
Price Reduced
Change
-2.86%Price Per
$499 ft2
$5,366 m2
02/28/2023
$1.4M
Event
Price Reduced
Change
-6.67%Price Per
$513 ft2
$5,524 m2
01/26/2023
$1.5M
Event
Listed
Price Per
$550 ft2
$5,919 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by David Bartol • The Keyes Company • Buyer Agency Compensation .
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Scores
56
100
30
100
52
100
79
100
0
100
27
100
1
100
Community Snapshot
4 – 4 BR
Bedrooms
$1.2M – $3M
Price Tier
992 - 4,684
SqFt Range
1971
Year Build
2
Total Floors
Subdivision Amenities
None
Pool
Fort Lauderdale Mid-Tier Mid-Tier Homes & Condos
- 30 Thirty North Ocean Mixed4
- 350 Las Olas Place Condo10
- 49th Street Townhomes Townhouse0
- 76 Isle Of Venice Mixed2
- 900 Place Townhouse0
- Aldens Mixed1
- Allenwood Multifamily2
- Alta Vista Terrace Land1
- Americas On The Park Condo2
- Aquavue Las Olas Condo0
- Atelier Lofts Townhouse0
- Avenue Lofts Condo4
- Bal Harbour Mixed5
- Bamboo Flats Townhouse3
- Bay Club Condo0
- Bayshore Towers Condo4
- Bijou Lake Ridge Townhouse1
- Birch Pointe Condo0
- Boathouse Of Hendricks Isle Townhouse1
- Bougainvillas Townhomes Townhouse0
- Bryan Mixed2
- Burton Point Condo4
- Capri Villas Townhouse0
- Caribbean Townhomes Of Las Olas Condo0
- Carver Park House3
- Citrus Isles Mixed1
- Coconut Grove Residences On Fort Lauderdale Beach Condo3
- Colee Hammock Mixed13
- Colonial Ridge House1
- Coral Cove Condo1
- Coral Highlands House1
- Coral Hills House3
- Coral Ridge Courtyard Condo0
- Coral Ridge Isles Mixed33
- Coral Shores House4
- Corinthian On The Intracoastal Condo11
- Croissant Park River Mixed4
- Croissant Park South River House2
- Croissant Park West River Mixed1
- Cromwell East Condo2
- Cypress Arms Condo1
- Dixie Park Mixed2
- Embassy Tower Condo6
- Esplanade On The New River Condo4
- Flamingo Park House6
- Fort Lauderdale No HOA Mixed15
- Fort Lauderdale Yacht & Beach Club Condo2
- Fountains On Ocean Boulevard Condo3
- Gill Isles House3
- Glass At Victoria Park Townhouse0
- Golf Estates House7
- Gramercy Park House1
- Grandeur Townhouse0
- Gulfstream Of Las Olas Condo1
- Harbor Haven Condo2
- Harbor View Condo5
- Harbourage Place Condo2
- Hardwick Heights House0
- Hendricks Heights House2
- Holiday Park Townhouse0
- Intracoastal 31 Condo1
- Jackson Tower Las Olas Condo10
- Jasmine Terrace Townhouse0
- Kensington Place Townhouse0
- La Preserve House4
- La Rive Condo2
- La Terrace At Victoria Park Townhouse0
- Lago Mar Place Co-Op2
- Lake Aire Estates House0
- Lake Estates Mixed5
- Lake Park House1
- Lakeway House1
- Las Olas Grand Condo4
- Las Olas Park Mixed7
- Las Olas River House Condo12
- Lauder Gate Multifamily4
- Lauderdale Isles House15
- Lauderdale Isles House0
- Lauderdale Park House9
- Lauderdale Pines Mixed0
- Lauderwood House2
- Laurel Terrace Condo1
- Le Club International Condo4
- Leisure Beach Condo12
- Lincoln Park Mixed15
- Marbella Townhouses Townhouse0
- Marine Colony Villas Condo0
- Mary Knoll House1
- Middle River Park Mixed4
- Middle River Villas Condo1
- Nola Lofts Condo1
- Norfolk Gardens House1
- North Ridge House4
- NuRiver Landing Condo7
- Oak Lane House1
- Oakland Hills Condo0
- Osborne Park Mixed0
- Osceola Park Mixed13
- Palm Grove Acres House1
- Park Tower Condo3
Victoria Park Communities in Fort Lauderdale, FL
Ultra Luxury
Ultra Luxury 1
High-End
High-End 5
Mid-Tier
Mid-Tier 20
- 900 Place Townhouse0
- 912 Victoria Townhomes Townhouse1
- Atelier Lofts Townhouse0
- Bougainvillas Townhomes Townhouse0
- Capri Villas Townhouse0
- Glass At Victoria Park Townhouse0
- Holiday Park Townhouse0
- Jasmine Terrace Townhouse0
- Kensington Place Townhouse0
- La Terrace At Victoria Park Townhouse0
- Las Olas Park Mixed7
- Middle River Park Mixed4
- Parkside Villas Townhouse0
- Piazza Navona Townhouse1
- Pineapple Place Townhouse1
- Seven Seas Townhouse1
- The Ellington At Victoria Park Townhouse1
- The Enclave At Victoria Park Townhouse0
- The Island Enclave Townhouse1
- Victoria Courts Mixed2
Premium
Premium 25
- 7 East Mixed3
- Barcelona Villas Multifamily1
- City View At Victoria Park Townhouse0
- Cressid Commons Villa1
- Elizabethan Condo2
- Gateway Park Mixed1
- Graceland Park Mixed0
- Hibiscus House Condo0
- La Cancha Condo1
- La Victoria Park Estates Townhouse0
- Park Court Condo1
- Park Place Mixed1
- Pine Crest Village At Victoria Park Condo10
- Sevilla Courts Condo3
- The Preserve At Victoria Park Townhouse0
- The Waverly At Las Olas Condo9
- Victoria Landing Townhouse0
- Victoria Mews Townhouse0
- Victoria Palms Condo1
- Victoria Park Garden Condo0
- Victoria Park Place Townhouse2
- Victoria Place Townhomes Townhouse1
- Victoria Treasure Village Townhouse1
- Villa Victoria Townhouse0
- Village At Victoria Park House1
Entry-Level
Entry-Level 23
- Capri Courts Condo0
- Casa Victoria Townhouse0
- Courtyard On The Park Townhouse0
- Crossroads Condo0
- Devonshire Condo0
- Gateway Arms Condo2
- Gumbo Limbo Villas Townhouse0
- Ten At Victoria Park Condo0
- The Cascades Townhomes Condo0
- The Hemingway At Victoria Park Condo0
- Tropical Garden Apartments Condo0
- Urban Villas Townhouse0
- Victoria Park Breezes Condo0
- Victoria Park Tower Condo10
- Victoria Park Townhomes Townhouse0
- Victoria Park Village Townhouse0
- Victoria Skyloft House0
- Victoria's Point Townhouse0
- Victorian Condo0
- Vista Del Mar Townhouse0
- Waller Halls House0
- Windsor Square Townhouse0
- Zuna Townhomes Townhouse0
Inactive Segment
Inactive Segment 20
- Capri Courts Condo0
- Casa Victoria Townhouse0
- Courtyard On The Park Townhouse0
- Devonshire Condo0
- Gumbo Limbo Villas Townhouse0
- Ten At Victoria Park Condo0
- The Cascades Townhomes Condo0
- The Hemingway At Victoria Park Condo0
- Tropical Garden Apartments Condo0
- Urban Villas Townhouse0
- Victoria Park Breezes Condo0
- Victoria Park Townhomes Townhouse0
- Victoria Park Village Townhouse0
- Victoria Skyloft House0
- Victoria's Point Townhouse0
- Victorian Condo0
- Vista Del Mar Townhouse0
- Waller Halls House0
- Windsor Square Townhouse0
- Zuna Townhomes Townhouse0
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