Seller Financing
Address
1117 NE 16th Ter, Fort Lauderdale, FL
Price
$ 799,999
Property Attributes
- MLS#A11475118
- TypeIncome
- CountyBROWARD
- CityFort Lauderdale
- Area3380
- NeighborhoodPROGRESSO
- Zip33304
- StyleDuplex
- Year Built1951
- Taxes$ 10629
- Price$ 799,999
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1456
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description
PERFECT INCOME PROPERTY / CASH COW!! The home has two separate meters, A/C's, water tanks, and two separate entrances. NEW MODERN POOL and common space for grilling & entertaining! The new landlord can continue renting as a single-family home certified as an Airbnb vacation property or for a fair price, the Seller will re-install the wall separating the 2 spaces back to a large 2/1 & 1/1 with pavers to the rear entrance. The kitchen is completely updated with white shaker cabinets and SS appliances. Home has mostly impact windows & doors. Both areas have large bedrooms maxing out rental income potential. BEST location! est. 5 mins Uber to the ocean and downtown or walk to restaurants. Prime Street with new construction. Sold furnished. Move-in ready w/pre-bookings for future income.
| Price History | |
|---|---|
| 10/27/2023 | Listed $820,000 |
| 2/7/2024 | 3% - $799,999 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | Electric |
| Cooling | CentralAir,CeilingFans |
| Utilities | CableAvailable |
| Possession | ClosingFunding |
| Roof | Flat,Shingle,Tile |
| Exterior Features | Fence,Patio |
| Patio/Porch Features | Patio |
| Pool Features | AboveGround,Pool |
| Construction Materials | Block |
| Year Built | 1951 |
| Stories | 1 |
| Levels | One |
| Property SubType | Duplex |
| Tax Year | 2022 |
| County | Broward County |
| Net Operating Income | 65000.0 |
| Operating Expense | 25500.0 |
| New Construction | No |
| Property Type | ResidentialIncome |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Subdivision Name | PROGRESSO |
| Garage Y/N | No |
| Rent Includes | Gardener,Pool,TrashCollection,CableTV,Water |
| Status | Active |
| City | Fort Lauderdale |
| Buyer Agent Compensation | 2.5% |
| View Y/N | No |
| Senior Community Y/N | No |
| Zoning Description | RC-15 |
| MLS Area | 3380 |
| Private Pool | No |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | 16th Ter |
| Listing Terms | Cash,Conventional,OwnerMayCarry |
| Property Attached Y/N | No |
| Year Built Details | Resale |
| Land Lease Y/N | No |
| Tax Annual Amount | 10629.0 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| MLS Area Minor | Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700) |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A11475118 |
| Days on Market | 149 |
| Standard Status | Active |
| Occupancy Description | Vacant |
| Total Actual Rent | 90000.0 |
| Property Sub Type Additional | Duplex |
| MobileHomeRemainsYN | No |
| PostalCity | Fort Lauderdale |
| Legal Description | PROGRESSO 2-18 D LOT 8 BLK 157 |
Interior Features
| Flooring | Tile,Vinyl |
|---|---|
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Window Features | Metal,SingleHung,Sliding,ImpactGlass |
| Fireplace Y/N | No |
| Electric On Property Y/N | No |
Exterior Features
| Lot Features | SprinklersAutomatic,Item14Acre |
|---|---|
| Water Source | Public |
| Total Parking | 3.0 |
| Spa | No |
| Building Area Total | 1710.0 |
| Lot Size Units | SquareFeet |
| Covered Spaces | 0.0 |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 33304
Price
Taxes
Visits
Year Built
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Data Last Updated: May 17, 2024 10:38 AM UTC
Beaches MLS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
