Location: Mackenzie Manor, Fort Lauderdale
Do Not Show Listings
420 SE 16th St 420, Fort Lauderdale, FL 33316
$799,000205 Days on yellowkey MLS ID: F10437259
Bed: 3 Bath: 2.5 Liv Area Sq Ft: 1620 Built: 2016Monthly Fee: $400 Tax: $8,683 (2023)Community: Mackenzie ManorTownhouse, Pets Allowed
Pet Restrictions: No Aggressive Breeds
Market Analysis: For Sale, For RentSoldRented
Nearby Properties: For Sale, For RentSoldRented
Taxes:$8,683
Elementary School: None
High School: None
Tax Year: 2023
Middle School: None
Remarks: Discover an exceptional investment opportunity in downtown Fort Lauderdale with this fully leased townhome community, boasting a seamless operation managed by a reputable sober living company owned by a New York REIT for past 7 years. Current rental rate is $4,800/month. Renewal term is 5 years @ $5,200/month. Corporate tenant pays all utilities and repairs. The HOA management handles rental collections and repairs for all unit owners. This is a turn key investment with minimal effort for owner/investor. 3 bedroom 2.5 bath unit featuring 2 levels, w/ balcony and a two car garage. Great steady investment with appreciation upside, being a fee simple townhome in down town Fort Lauderdale, next to Whole Foods, the famous SE 17th St Causeway bridge and a short ride to the beach.
Listing is courtesy of: ((954) 760-4888)
Listing Agent: Scott Coloney ((954) 801-0123)
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