420 SE 16th St # 420 Fort Lauderdale, FL $ 799,000
420 SE 16th St # 420
$ 799,000
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420 SE 16th St # 420

Fort Lauderdale, FL, 33316
$ 799,000
Bedrooms3 Baths2.1 Sq 1,620

Monthly Estimate*

$ 5,581

420 SE 16th St # 420, Fort Lauderdale, FL 33316 - Image 1
420 SE 16th St # 420, Fort Lauderdale, FL 33316 - Image 2

Townhouse for sale in Fort Lauderdale, FL

for $799,000 with 3 bedrooms and 2 full baths, 1 half bath. This 1,620 square foot townhouse was 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.

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Townhouse Active

Price

$ 799,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Townhouse

Taxes

$ 8,683

Style

Corner Unit,West Of Us1

Year Built

2016

Town/City

Fort Lauderdale

County/Region

Broward

MLS | Web ID

F10437259

Features
Interior
Interior Features First Floor Entry
Heating Description Central Heat
Bedroom Description Master Bedroom Upstairs
Flooring Tile Floors
Full Baths 2
Cooling Description Ceiling Fans Central Cooling
Dining Description Dining/Living Room Eat-In Kitchen Snack Bar/Counter
Half Baths 1
Cable 1
Beds Total 3
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General
Amenities Exterior Lighting
Complex Name Mackenzie Manor
Pet Restrictions No Aggressive Breeds
Assoc Fees 400
Restrictions Other Restrictions
Garage Attached
Style Townhouse Fee Simple
Property Type Condo/Co-Op/Villa/Townhouse
Area 3800
Application Fee 65
Subdivision Name Mackenzie Manor
Section 15
Monthly Monthly
Security Complex Fenced
Short Sale 0
Pets Allowed Y/N 1
Year Built 2016
Gated Community 0
Type of Property Townhouse
Unit View Garden View
Waterfront Property 0
Type of Association Homeowners
REO 0
Membership Fee Required N
Housing Older Persons Act No HOPA
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Exterior
Exterior Features High Impact Doors Open Balcony
Parking Description Fee Simple Garage
Front Exposure North
Construction Type Concrete Block Construction Slab Construction Stucco Exterior Construction
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* Excluded Features
List By
Flagler Duval

Broker

scoloney@flaglerduval.com

Email

Affordability Calculator

$6,305
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,581
Monthly Property Taxes
$724
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
295894 Elementary School
296011 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2024$799,000 Listed Price

Map


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420 SE 16th St # 420, Fort Lauderdale, FL, 33316 is a Townhouse for sale at $799,000 with 1,620 sqft. 420 SE 16th St # 420 has 3 bedrooms, 2.1 baths, and was built in 2016. The property's zip code is 33316 which is in Fort Lauderdale, FL