Price Reduced 3.70%

$5,200,000 ($4,160.00 per sqft)

Est. Mortgage $24,941/mo *

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Price History

$5,400,000
8/13/2025

$5,200,000
9/19/2025

1316 NW 3rd St, Fort Lauderdale, FL, 33311

1316 NW 3rd St, Fort Lauderdale, FL, 33311
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2008

Fourplex

1,250 sqft

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.

Status:

Active

Type:

Multi-family

Zoning:

RMM-25

Subdivision:

SEMINOLE FOREST

Heating:

Central

Cooling:

Central Air, Ceiling Fan(s)

Parking:

2-car

Common Charge:

$250 Monthly

Est. Taxes:

$5,580

HOA Fee

$250

Construction

Block

Utilities

Cable Not Available

Lot Description:

<1 Acre

Days on Market:

37

Pool:

None

MLS #:

A11858426

Community Info

School Info

Walk Score

Yelp

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Listing courtesy of CHARLES RUTENBERG REALTY FORT 954-396-3001