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listing
1 of 10
CommercialFor Sale
$2,000,000
1241 NE 16th Ter
Fort Lauderdale, FL 33304
Courtesy of Native Realty Co.
MLS: Realtors of the Palm Beaches & Greater Fort Lauderdale
Est. Mortgage
$10,424/mo

This remarkable multifamily property offers a blend of impeccable location and income-generating potential in the center of Fort Lauderdale. It offers 7 conforming units with an additional non-conforming unit. The versatile layout includes 3 studio apartments, 3 1-bedroom/1-bath units, and a spacious 3-bedroom/2-bath residence, accommodating everyone seeking ample living space. This fully-leased multifamily asset stands as a premier income-generating opportunity, anchored by a solid base of long-term, quality tenants. Beyond stable rental income, the property also benefits from an additional passive revenue stream through its on-site, coin-operated laundry facility, offering investors a consistent boost to overall cash flow.

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Listing provided courtesy of Native Realty Co.
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