$5,200,000
1316 NW 3rd St
Fort Lauderdale, FL, 33311
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Project Description
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.
Property Details
Price:
$5,200,000
MLS #:
A11858426
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
SEMINOLE FOREST
Neighborhood:
seminoleforest
Listed Date:
Aug 13, 2025
Finished Sq Ft:
1,250
Total Sq Ft:
1,486
Year Built:
2008
Property Direction
- Address1316 NW 3rd St Fort Lauderdale FL
- SubdivisionSEMINOLE FOREST
- CityFort Lauderdale
- CountyBroward County
- Zip Code33311
Subdivisions in Fort Lauderdale
- ARGONNE HEIGHTS AMD PLACE 16-8 B
- CAPE FEAR 175-30 B
- CORAL HILLS 37-20 B
- FIRST ADD TO TUSKEGEE PARK
- FLA FRUIT LANDS CO SUB 1
- GARDEN VIEW APTS CONDO
- IMPERIAL POINT 2 SEC 54-19 B
- LAUDERDALE ISLES 2-BLK 12
- LAUDERDALE ISLES 2-BLK 7
- LAUDERDALE SHORES REAMEN
- LAUDERDALE VILLAS 29-37 B
- LINCOLN PARK
- M & I 135-4 B
- MARY-KNOLL 39-48 B
- NOVA HILLS CONDO 3
- OAKLAND OCEAN MILE
- PINE ISLAND COMM 167-50 B
- SANDS POINT CONDO II
- SOUTHPOINT CONDO
- SUNRISE
- TRENT CONDO D
- TWIN LAKES EAST 79-22 B
- VILLAGE EAST CONDO
- WOODLANDS SEC SIX 67-40 B
- YELLOWSTONE PARK AMD
Schools
Interior
Cooling
Ceiling Fan(s), Central Air
Flooring
Vinyl
Heating
Central
Exterior
Architectural Style
Other
Construction Materials
Concrete Block Construction
Parking Spots
2
Roof
Other
Financial
HOA Fee
$250
HOA Frequency
Monthly
Tax Year
2024
Taxes
$5,580
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1316 NW 3rd St
Fort Lauderdale, FL