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420 SE 16th St 420, Fort Lauderdale, FL 33316
$799,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
3
baths
1,620
sqft
Built in
2016
Discover an exceptional investment opportunity in downtown Fort Lauderdale with this fully leased townhome community, boasting a seamless operation managed by a reputable sober living company owned by a New York REIT for past 7 years. Current rental rate is $4,800/month. Renewal term is 5 years @ $5,200/month. Corporate tenant pays all utilities and repairs. The HOA management handles rental collections and repairs for all unit owners. This is a turn key investment with minimal effort for owner/investor. 3 bedroom 2.5 bath unit featuring 2 levels, w/ balcony and a two car garage. Great steady investment with appreciation upside, being a fee simple townhome in down town Fort Lauderdale, next to Whole Foods, the famous SE 17th St Causeway bridge and a short ride to the beach.
Features & Amenities
Interior
- General:
- Breakfast Bar,Dual Sinks,Eat-in Kitchen,First Floor Entry,Living/Dining Room,Main Living Area Entry Level,Tub Shower,Upper Level Primary
- Appliances:
- Dryer,Dishwasher,Electric Range,Disposal,Microwave,Refrigerator,Self Cleaning Oven,Washer/Dryer,Washer
- Flooring:
- Tile
- A/C:
- true, Central Air,Ceiling Fan(s)
- Heating:
- true, Central
Exterior
- General:
- Balcony,Security/High Impact Doors
- Parking:
- Attached,Deeded,Garage,Garage Door Opener
Construction
- Windows:
- Impact Glass
- General:
- Block,Stucco, 2, Slab
Location
- HOA Amenities:
- Association Management,Common Areas,Legal/Accounting,Maintenance Grounds,Maintenance Structure, 400.0, Monthly
- Originating MLS:
- FTL
- County:
- Broward
Lot
- Zoning:
- LAUDERDALE 2-9 D BEG NW COR LOT 8 BLK 63,E 47.60, S 24.99,E 15,S 20,W 27.08,S 3.33 ,W 35.11,N 48.25 TO POB AKA: UNIT 420 MACKENZIE MANOR, 504215550020
- View:
- Garden
Utilities
- Utilities:
- Cable Available
Financial
- Source:
- FTL
This listing courtesy of:
Flagler Duval, Scott Coloney
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
About Fort Lauderdale, FL
Housing
- Number of Units
- 390,485
- Median Home Value
- $338,210
- Median Rent
- $1,370
38.68% of housing units are renter occupied.
10.95% are vacant.
Commute
- Car
-
68.93%
- Public Transportation
-
2.15%
- Walk to Work
-
1.00%
- Work from Home
-
26.43%
- Other
-
1.03%
The median travel time to work is 23 minutes.
People
- Population
- 847,168
- Median Age
- 40.60
- Median Household Size
- 2.68
Education
- High School
-
25.09%
- Associate’s Degree
-
9.23%
- Bachelor’s Degree
-
22.25%
- Graduate Degree
-
14.19%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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