Home » Fort Lauderdale » 420 SE 16th St 420, Fort Lauderdale, FL 33316 | F10437259

For Sale 420 SE 16th St 420, Fort Lauderdale, FL 33316

$799,000

Property Highlights

Listing ID F10437259 Status of this Listing: Active For Sale Property Type Residential Townhouse 3 Bedrooms 3 Bathrooms Total 2 Full Bath 1 Half Bath Living Space 1,620 Sqft/150.50 m2 approx. Year Built 2016 Time of this property on Rebonus 221 Day(s)

420 SE 16th St 420, Fort Lauderdale, FL 33316

Property Description: 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.

Useful Info

Original List Price:$799,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Rooms Distribution

Main Level Bedrooms:0
Main Level Bathrooms:1

Construction

Year Built Details:
  • Resale
Property Condition:
  • Resale
Levels:Two
Entry Level (floor):1
Construction Materials:
  • Block
  • Stucco
Flooring:
  • Tile
Number of stories:2
Number of Units in the Community or Building:8
Stories:2
Foundation Details:
  • Slab

Property Features

View from the Property:
  • Garden
Waterfront:No
Security:
  • Complex Fenced
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
  • Self Cleaning Oven
  • Washer/dryer
Interior Features:
  • Breakfast Bar
  • Eat-in Kitchen
  • Living/dining Room
  • First Floor Entry
  • Main Living Area Entry Level
  • Upper Level Primary
  • Dual Sinks
  • Tub Shower
Exterior Features:
  • Security/high Impact Doors
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Ceiling Fan(s)
Heating:Yes
Heating System:
  • Central
Building Features:
  • Exterior Lighting
Property Entrance Faces:
  • North

Taxes and Expenses

Tax Annual Amount:$8,683

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
Association Fee:$400
Association Fee Frequency:
  • Monthly
Association Fee 2nd HOA:$400
Property Tax Status:Tax Reflects City & County Tax

Terms

Documents Available:
  • Survey
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Buyer Possession:
  • Closing & Funding
  • Close Of Escrow
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Breed Restrictions
Subdivision Name:Mackenzie Manor
Community Features:
  • Non-gated
Association Fee Includes:
  • Maintenance Grounds
  • Maintenance Structure
  • Common Areas
  • Association Management
  • Legal/accounting
Complex Name:Mackenzie Manor
Senior Community:No
Restrictions: Other Restrictions

Parking

Garage:Yes
Garage Spaces:2
Covered Spaces:2
Attached Garage:Yes
Parking Features:
  • Garage
  • Garage Door Opener
  • Attached
  • Deeded

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit ViewGarden View
Housing Older Persons ActNo HOPA
Unit DesignCorner Unit,West Of Us1
Data exchange original Listing NumberF10437259
Type of AssociationHomeowners
Type of Governing BodiesHomeowner Association

Zoning and Legal

Tax Legal Description: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
Real Estate Folio Number (Parcel Number):504215550020
Public Survey Township:5042
Public Survey Section:15

Listing History

Update/EventDate/Days
Published Date:April 30, 2024 8:56 pm
On Market Date:April 30, 2024
Listing Contract Date:April 30, 2024
Price Change Date Time:April 30, 2024 8:56 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:April 30, 2024 8:56 pm
Status Last Changed:April 30, 2024 8:56 pm
Photos Last Modified:May 1, 2024 1:12 am
Last Modified:September 30, 2024 9:49 pm
Days on the Market Reference Date:May 1, 2024
Days on the Market (updated on Last Modified*):0
Cumulative Days on the Market (updated on Last Modified**):0

Additional Information

Lot Size Range:,
Unit Location:1
Number of Photos:2
Location:,
Included:,,
Geographical Area:Ft Ldale SE (3280;3600;3800)
Area:3800
Automated Valuation Display:Yes
Courtesy of:Flagler Duval
Universal Property Id:US-12011-N-504215550020-R-N

Location

Show Property Address:Yes
Street Name:16th St
Street Number:420
Street Direction Prefix:SE
Street Address:420 SE 16th St 420
Unit Number:420
City : Fort Lauderdale
State : Florida
Zip Code : 33316
County : Broward
Full Address:420 SE 16th St 420, Fort Lauderdale, FL 33316
Latitude:N26° 6' 7''
Longitude:W81° 51' 43''

Neighborhood

Postal City:Fort Lauderdale

Property Map

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