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Map
$2,950,000
●
Multifamily -
For Sale
1037-1039 NE 16th Ave
Fort Lauderdale, FL 33304
Studio
0 Bath
5276 Sqft
$15,069
Estimated Monthly
$0
HOA / Fees
0.39%
Cap Rate
About This Property
**Expected to be completed by Early 2025** This is a fantastic
opportunity to purchase two new construction townhomes in the heart
of Fort Lauderdale. Walking distance to Holiday Park and close to
Downtown. Fee simple and No HOA! Each townhome has 4 bedrooms and 4
full bathrooms which is adorned with an open-concept living space
featuring volume ceilings, a gourmet chefs kitchen with
top-of-the-line appliances, large primary suite with a private
balcony and a spa-inspired en-suite bathroom, quartz countertops,
24x36 porcelain tile floors throughout and a private pool with a
outdoor summer kitchen. These townhomes are ideal for an end user
or to rent both sides out for great income opportunities. Airbnb,
VRBO allowed.
Unit Size
5,276Ft²
Days on Market
29 days
Land Size
-
Price per sqft
$559
Property Type
Multifamily
Property Taxes
$584
HOA Dues
-
Year Built
1951
Listed By
Last updated: 29 days ago (Beaches MLS #F10432008)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 1, 2024 | Listed by Cypress Realty & Investments LLC | $2,950,000 | |
| Listed by Cypress Realty & Investments LLC | |||
Property Highlights
Parking Details
Parking: 4 Spaces
Interior Details
Interior Information
Flooring Type: Tile Floors
Exterior Details
Property Information
Listing Terms: Cash, Conventional
Building Information
Construction Type: Concrete Block Construction, Cbs Construction
Exterior Features: Balconies, Built-In Grill, Exterior Lights, Fence
Lot Information
Lot Features: Less Than 1/4 Acre Lot
Financial Details
Total Taxes: $7,004
Tax Year: 2023
Compensation to Buyers Agent: 2%
Compensation to Transaction Broker: 2%
Possession Information: At Closing, Funding
Utilities Details
Heating Type: Central Heat
Cooling Type: Ceiling Fans, Central Cooling
Sewer Septic: Municipal Sewer
Location Details
Location: Take Sunrise East to NE 15th Avenue.
Subdivision Complex Building: Progresso 2-18 D
Water Description: Municipal Water
Zoning Information: RMM-25
1037-1039 NE 16th Ave
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
5
Beds
6
Baths
4,516 ft²
$565/ft²
$2,550,000
Sep 3, 2023
$2,550,000
Feb 12, 2024
$2,390/mo
House
4
Beds
6
Baths
4,500 ft²
$722/ft²
$3,249,000
Sep 14, 2021
$3,249,000
Apr 10, 2024
$1,005/mo
House
4
Beds
4
Baths
3,804 ft²
$730/ft²
$2,775,000
Oct 7, 2023
$2,775,000
Nov 24, 2023
$2,768/mo
House
4
Beds
5
Baths
3,756 ft²
$679/ft²
$2,550,000
Jan 3, 2024
$2,550,000
Mar 15, 2024
$3,192/mo
House
4
Beds
5
Baths
3,955 ft²
$657/ft²
$2,600,000
May 13, 2022
$2,600,000
Oct 20, 2023
$240/mo
House
4
Beds
4
Baths
3,856 ft²
$674/ft²
$2,600,000
Aug 23, 2023
$2,600,000
Dec 14, 2023
$222/mo
Active
Multifamily
Stu
-
4,835 ft²
$724/ft²
$3,500,000
Feb 5, 2018
-
$1,031/mo
Active
Multifamily
Stu
-
6,800 ft²
$456/ft²
$3,100,000
Mar 29, 2024
-
$933/mo
Active
Other
Loft
-
4,325 ft²
$763/ft²
$3,299,000
Apr 16, 2024
-
$3,218/mo
Active
House
5
Beds
5
Baths
3,932 ft²
$827/ft²
$3,250,000
Apr 5, 2024
-
$4,317/mo
Active
House
4
Beds
6
Baths
4,190 ft²
$714/ft²
$2,990,000
Jul 27, 2023
-
$1,302/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
11/18/2020
|
|
Studio
|
-
|
1934 ft²
|
$849,900
Studio
-
1934 ft²
|
-
-
|
-
|
Mark Howard
Cypress Realty & Investments LLC
|
Building Info
1037 Northeast 16th Avenue
1037 Northeast 16th Avenue, Fort Lauderdale, FL 33304
- 1 Unit for Sale
About Central Fort Lauderdale
Similar Homes for Sale
$2,990,000
- 4 Beds
- 6 Baths
- 4,190 ft²
$3,250,000
- 5 Beds
- 5 Baths
- 3,932 ft²
Nearby Rentals
$1,595 /mo
- 1 Bed
- 1 Bath
- 588 ft²
$1,550 /mo
- 2 Beds
- 1 Bath
- 900 ft²
Listed by: Mark Howard
Cypress Realty & Investments LLC
Last Updated: 29 days ago
Data Source: Beaches MLS, MLS# F10432008
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Cypress Realty & Investments LLC
Last Updated: 29 days ago
Data Source: Beaches MLS, MLS# F10432008
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
