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1111 NE 16th Ter Fort Lauderdale, FL 33304
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Key Details
Sold Price $660,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,006 sqft
Price per Sqft $329
Subdivision Progresso 2-18 D
MLS Listing ID F10303823
Sold Date 12/02/21
Style Duplex
Construction Status Resale
HOA Y/N Yes
Total Fin. Sqft 6751
Year Built 1978
Annual Tax Amount $3,592
Tax Year 2020
Property Description
Unique opportunity to own this beautifully kept duplex just a 5 minute drive from the beach! The back unit is a 3 bedroom, two bathroom that is currently occupied by the owner and will be able to generate on average $3,000 per month. The front unit is a two bedroom, two bathroom with a tenant until March 2022 that is currently paying $1,100 per month. Tenants have been there for 8 years. The market average in this area is $1,900 per month. There is a shared laundry room in the back and each unit has a private side terrace and a backyard that is shared. This is a great opportunity for someone who wants to live in one part and have the other rented out to pay their mortgage.
Offers due on Monday by 6pm
Location
State FL
County Broward County
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Zoning RC-15
Interior
Heating Central Heat
Cooling Ceiling Fans, Central Cooling, Zoned Cooling
Flooring Tile Floors
Exterior
Exterior Feature Barbeque, Fence, High Impact Doors, Room For Pool
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot, Regular Lot
Story 1.0000
Foundation Concrete Block Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
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Bought with Compass Florida, LLC
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Panagiotis Peter Sarantidis
Licensed Real Estate Sales Professional | License ID: 3332095