1316 NW 3rd St, Fort Lauderdale, FL 33311

Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
1316 NW 3rd St,Fort Lauderdale, FL 33311
$5,200,000
Virtual Tour
  • - Beds
  • - Baths
  • 1,250 sq. ft.
  • Multi-family
  • Active
Listed by: shirley slotwiner
Office: charles rutenberg realty ftl
MLS#:A11858426
Source:SEFMLS

Price summary

  • Price:$5,200,000
  • Price per sq. ft.:$3,499.33
  • Monthly HOA dues:$250

About this home

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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Home facts

  • Year built:2008
  • Listing ID #:A11858426
  • Updated:December 17, 2025 at 12:44 PM

Rooms and interior

  • Living area:1,250 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air
  • Heating:Central

Structure and exterior

  • Year built:2008
  • Building area:1,250 sq. ft.

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$5,200,000
  • Price per sq. ft.:$3,499.33
  • Tax amount:$5,580 (2024)
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