511 SE 5th Ave #11
- Fort Lauderdale, FL 33301
- $3,900,000
- 0 Bed(s)
- 0 Baths
- 4,540 Sqft.
Basic Information
- MLS # A11570666
- Type Duplex / Quad Plex / Triplex
- Style Quadruplex
- Status Active
- Subdivision/Complex Victoria Park Corr Amen P
- Year Built 1958
- Total Sqft 4,325
- Date Listed 04/16/2024
- Days on Market 13
Description
Rare opportunity in coveted Victoria Park! Prime multi-family property boasting 5 legal units in Fort Lauderdales most desirable locale. Steps from Las Olas and downtown, with the beach just 10 minutes away. This unique corner lot spans 10,000 sqft, presenting endless potential for savvy investors. Explore the possibility of developing 3 to 4 townhomes, capitalizing on the rapidly expanding new development scene. The fifth unit, a 2-bed, 1-bath gem, currently generates 3,400month in rental income. Dont miss your chance to secure a lucrative investment in this thriving community!
Exterior Features
- Waterfront No
- Pool No
- Construction Type Brick,Block
- Design Description Fourplex
- Parking Spaces 0
- Parking Description
- Roof Description Flat,Tile
Interior Features
- Adjusted Sqft 4,325
- Cooling Description Electric,Other
- Floor Description Ceramic Tile,Tile
- Heating Description Electric
- Sqft 4,325
Property Features
- Address 312 NE 16th Ter
- Aprox. Lot Size 4,325
- Architectural Style Fourplex
- City Fort Lauderdale
- Construction Materials Brick,Block
- County Broward County
- Furnished Info No
- Levels Two
- Listing Terms Conventional
- Lot Description 14 Acre
- Lot Features 14 Acre
- Occupant Type Tenant
- Pool Features None
- Possession Close Of Escrow
- Postal City Fort Lauderdale
- Public Survey Section Two
- Roof Flat,Tile
- Sewer Description Public Sewer
- Short Sale Regular Sale
- Stories 2
- HOA Fees N/A
- Subdivision Complex
- Subdivision Info Victoria Park Corr Amen P
- Tax Amount $38,615
- Tax Information VICTORIA PARK CORR AMEN PLAT 10-66 B LOT 1 BLK 6
- Tax Year 2023
- Terms Considered Conventional
- Type of Property Quadruplex
- Year Built Details Resale
312 NE 16th Ter
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The multiple listing information is provided by the MIAMI ASSOCIATION OF REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present MIAMI ASSOCIATION OF REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Vera Realty LLC
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