1316 NW 3rd St, Fort Lauderdale, FL 33311
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
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:September 19, 2025 at 03:52 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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