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1316 NW 3rd St Fort Lauderdale, FL $ 5,200,000
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1316 NW 3rd St
$ 5,200,000
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1316 NW 3rd St

Fort Lauderdale, FL, 33311
$ 5,200,000
Bedrooms2 Baths3.1 Sq 1,250

Monthly Estimate*

$ 32,441

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Multi-Family Home for sale in Fort Lauderdale, FL

for $5,200,000 with 2 bedrooms and 3 full baths, 1 half bath. This 1,250 square foot home was built in 2008.

Exceptional investment opportunity featuring 17 stabilized, fully leased townhomes within a 38-unit residential community in Fort Lauderdale, FL. Most units include newer central A/C systems for long-term durability and tenant satisfaction. Mix of 1-car and 2-car garages enhances tenant appeal and functionality. Seller holds valuable Builder Rights, granting full control over the HOA and strategic influence over community operations. Tenants pay for their own water and electricity, providing operational efficiency and reduced owner expenses. Strong in-place rental income, minimal management requirements, and a prime location near major highways, schools, shopping, and vibrant Downtown Fort Lauderdale.

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Multi-Family Active

Price

$ 5,200,000

Bedrooms

2

Full Bath

3

Half Bath

1

Property Type

Multi-Family

Taxes

$ 5,580

Style

Year Built

2008

Town/City

Fort Lauderdale

County/Region

Broward

MLS | Web ID

A11858426
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air Ceiling Fan(s)
Utilities Cable Not Available
Possession Close Of Escrow
Roof Other
HOA Fee 250
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 2008
Stories Count 2
Levels Two
Property Subtype Quadruplex
Tax Year 2024
Assoc Fee Paid Per Monthly
County Broward
Property Type Residential Income
Subdivision Name SEMINOLE FOREST
Rent Includes Gardener Hot Water
Full Baths 3
Status Active
Directions I-95 go to to East Broward Blvd. - head East. Turn left onto NW 15TH Avenue. Turn Right onto NW 2nd Street and head East. Property is on Left.
City Fort Lauderdale
Zoning Description RMM-25
Number Of Units Total 9
MLS Area 3460
Lot Size Units Square Feet
Listing Terms Cash Conventional 1031 Exchange
Year Built Details Effective Year Built
Tax Annual Amount 5580
MLS Area Minor Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11858426
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Quadruplex
Legal Description SEMINOLE FOREST 14-16 B PORTION LOT 13 BLK 3 DESC AS: COMM NE COR LOT 15 W 100.33 ALG N/L TO POB S 53.24 W 30.16 N 53.16 E 30.16 TO POB AKA:
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Interior
Flooring Vinyl
Air Conditioning Y/N true
Heating Y/N true
Half Baths 1
Total Bedrooms 2
Total Baths 0
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Exterior
Lot Features <1 Acre
Total Parking 2
Building Area Total 1486
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Charles Rutenberg Realty Ftl

Broker

shirleyslotwiner@gmail.com

Email

Affordability Calculator

$32,906
Per Month
99%
1%
0%
Monthly Principal & Interest
$32,441
Monthly Property Taxes
$465
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
10/22/2025 $5,200,000 Listed Price

Map

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1316 NW 3rd St, Fort Lauderdale, FL, 33311 is a Multi-Family Home for sale at $5,200,000 with 1,250 sqft. 1316 NW 3rd St has 2 bedrooms, 3.1 baths, and was built in 2008. The property's zip code is 33311 which is in Fort Lauderdale, FL

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