Home » Fort Lauderdale » 16-20 NE 8th Ave, Fort Lauderdale, FL 33301 | F10432211

Multi Family Sold 16-20 NE 8th Ave, Fort Lauderdale, FL 33301

$2,729,900
closed for a price of $2,550,000

Property Highlights

Listing ID F10432211 Status of this Listing: Closed Sold Property Type Commercial Sale Multi Family Building Area 3,879 Sqft/360.37 m2 approx. Lot area 12,960 Sqft/1204.02 m2 approx. Year Built 1955 Time of this property from published date until Closing Date 113 Days

16-20 NE 8th Ave, Fort Lauderdale, FL 33301

Property Description: RMM25 ZONING, IDEAL FOR MIX USE, RESIDENTIAL AND OR REDEVELOPMENT. RARE OPPORTUNITY TO PURCHASE IN DOWNTOWN FORT LAUDERDALE HIGHLY VISIBLE CORNER LOCATION, ONE BLK FROM US1 AND BROWARD BLVD AND CLOSE TO LAS OLAS, RETAIL, SHOPPING, AND MANY RESTAURANTS & HOTELS. 3,879 SQUARE FOOT BUILDING ON OVER OF A QUARTER ACRE LOT/ 12,960 SQUARE FEET WITH INGRESS/EGRESS FROM BOTH 8 AVE AND 1 ST. THIS HIGHLY GRADED BLDG OFFERS 3 ENTRANCES W/ 3 HANDICAP RAMPS FOR EASY ACCESS, RECEPTION AREA, INDIVIDUAL OFFICES, THERAPY ROOMS, 3 FULL BATHROOMS, 2 CEN AC, 2 ELECTIC METERS. AND PARKING W/20 DESIGNATED PARKING SPOTS. CURRENTLY A CHIROPTACTIC OFFICE, FORMERLY A DENTIST OFFICE W/PLUMBING THROUGH OUT ALONG WITH PROFFESSIONAL SUITES WITH FRONT, BACK AND SIDE ENTRANES. CERTIFIED 40 YEAR INSPECTION.

Useful Info

Contingency:Financing
Original List Price:$2,729,900
Close Price:$2,550,000

Land Lot (Parcel) Details

Lot Size Acres:0.2975
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Number of Buildings:1
Number of Units Total:0
Property Condition:
  • Resale
Levels:One
Construction Materials:
  • Block
Flooring:
  • Carpet
  • Tile
  • Vinyl
Stories:1
Road Frontage Type:
  • City Street

Property Features

Waterfront:No
Roof:
  • Tile
  • Other
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$25,013

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023

Terms

Documents Available:
  • Aerial
  • Ground Photo
  • Survey
Listing Terms Considered by Seller:
  • Cash
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Building Name:16-20
Senior Community:No

Parking

Parking Total Spaces:20
Covered Spaces:0
Parking Features:
  • Common

Utilities

Sewer:
  • Public Sewer
Electric:
  • 100 Amp Service
Water Source:
  • Public

More Details

Other Information:
Data exchange original Listing NumberF10432211

Zoning and Legal

Tax Legal Description:DAVIS ADD 3-28 D LOT 5,6 BLK 7
Real Estate Folio Number (Parcel Number):504202050550
Zoning Description:RMM-25
Public Survey Township:5042
Public Survey Section:2
Title to the property is held by owner as:
  • Self Proprietor/individual

Listing History

Update/EventDate/Days
Published Date:April 2, 2024 11:11 am
On Market Date:April 2, 2024
Listing Contract Date:April 2, 2024
Contingent Date:May 31, 2024
Close Date:July 24, 2024
Last Important Update Description:Closed
Date and Time of Last Important Update:July 31, 2024 6:05 pm
Status Last Changed:July 31, 2024 6:05 pm
Photos Last Modified:April 2, 2024 3:25 pm
Last Modified:July 31, 2024 10:06 pm
Days on the Market Reference Date:July 31, 2024
Days on the Market (updated on Last Modified*):59
Cumulative Days on the Market (updated on Last Modified**):359

Additional Information

Lot Size Range:,
Number of Photos:28
Location:,City Location,Corner Lot
Included:Building & Land,,
Geographical Area:Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
Area:3270
Automated Valuation Display:Yes
Courtesy of:Better Homes & Gdns RE Fla 1st
Universal Property Id:US-12011-N-504202050550-R-N

Location

Show Property Address:Yes
Street Name:8th Ave
Street Number:16-20
Street Direction Prefix:NE
Street Address:16-20 NE 8th Ave
City : Fort Lauderdale
State : Florida
Zip Code : 33301
County : Broward County
Full Address:16-20 NE 8th Ave, Fort Lauderdale, FL 33301
Latitude:N26° 7' 23.6''
Longitude:W81° 51' 53.8''

Neighborhood

Postal City:Fort Lauderdale

Property Map