5 NE 16th Ct Fort Lauderdale, FL $ 1,020,000
5 NE 16th Ct
$ 1,020,000
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5 NE 16th Ct

Fort Lauderdale, FL, 33305
$ 1,020,000
Bedrooms5 Baths2.0 Sq 2,829

Monthly Estimate*

$ 6,280

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Multi-Family Home for sale in Fort Lauderdale, FL

for $1,020,000 with 5 bedrooms and 2 full baths. This 2,829 square foot home was built in 1975.

BEST INVESTMENT PORTFOLIO IN FORT LAUDERDALE!! CONSISTS OF TWO 5 bed 2 bath UNITS.CURRENTLY RENTED AT TOP PRICE!! JUST BUY AND START RECEIVING YOUR MONTHLY CASHFLOW!! SHOWINGS WILL ONLY BE DONE ONCE UNDER CONTRACT. OWNER COULD FINANCE WITH 50% DOWN

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Multi-Family Active

Price

$ 1,020,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 11,570

Style

Year Built

1975

Town/City

Fort Lauderdale

County/Region

Broward

MLS | Web ID

A11968537

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available
Possession Close Of Escrow
Roof Flat Tile
Pool Features None
Construction Materials Brick Block
Year Built 1975
Stories Count 2
Levels Two
Property Subtype Duplex
Tax Year 2025
County Broward
Property Type Residential Income
Subdivision Name PLACIDO PLACE
Rent Includes Gardener
Full Baths 2
Status Active
City Fort Lauderdale
Zoning Description RDS-15
Number Of Units Total 1
MLS Area 3419
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details Resale
Tax Annual Amount 11570
MLS Area Minor Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11968537
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Duplex
Legal Description PLACIDO PLACE 11-43 B LOT 3 BLK 4
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Interior
Flooring Ceramic Tile Laminate
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 5
Total Baths 0
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Exterior
Lot Features Item14Acre
Total Parking 5
Building Area Total 2829
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Home Wiz Usa

Broker

germangrudny@yahoo.com

Email

Affordability Calculator

$7,244
Per Month
87%
13%
0%
Monthly Principal & Interest
$6,280
Monthly Property Taxes
$964
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
2/19/2026$1,020,000 Listed Price

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5 NE 16th Ct, Fort Lauderdale, FL, 33305 is a Multi-Family Home for sale at $1,020,000 with 2,829 sqft. 5 NE 16th Ct has 5 bedrooms, 2.0 baths, and was built in 1975. The property's zip code is 33305 which is in Fort Lauderdale, FL