Basic Information

  • MLS # F10437259
  • Type Townhouse
  • Style Townhouse
  • Status Active
  • Subdivision/Complex Mackenzie Manor
  • Year Built 2016
  • Total Sqft 1,620
  • Date Listed 05/01/2024
  • Days on Market 230
Description

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.

Exterior Features

  • Waterfront No
  • Pool No
  • View Garden
  • Construction Type Block, Stucco
  • Exterior Features Balcony, Security High Impact Doors
  • Parking Spaces 2
  • Parking Description Attached, Deeded, Garage, Garage Door Opener

Interior Features

  • Adjusted Sqft 1,620
  • Cooling Description Central Air, Ceiling Fans
  • Equipment Appliances Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer Dryer, Washer
  • Floor Description Tile
  • Heating Description Central
  • Interior Features Breakfast Bar, Dual Sinks, Eat In Kitchen, First Floor Entry, Living Dining Room, Main Living Area Entry Level, Tub Shower, Upper Level Primary
  • Sqft 1,620

Property Features

  • Address 420 S E16th St420
  • Association Fee Frequency Monthly
  • Attached Garage 1
  • City Fort Lauderdale
  • Community Features Non Gated
  • Construction Materials Block, Stucco
  • County Broward
  • Covered Spaces 2
  • Direction Faces North
  • Furnished Info No
  • Garage 2
  • Levels Two
  • Listing Terms Cash, Conventional
  • Parking Features Attached, Deeded, Garage, Garage Door Opener
  • Patio And Porch Features Balcony, Open
  • Pets Allowed Breed Restrictions, Yes
  • Possession Closing And Funding, Close Of Escrow
  • Postal City Fort Lauderdale
  • Public Survey Section Two
  • Public Survey Township 5042
  • Short Sale Regular Sale
  • Stories 2
  • HOA Fees $400
  • Subdivision Complex Mackenzie Manor
  • Subdivision Info Mackenzie Manor
  • Tax Amount $8,683
  • Tax Information LAUDERDALE 2-9 D BEG NW COR LOT 8 BLK 63,E 47.60, S 24.99,E 15,S 20,W 27.08,S 3.33 ,W 35.11,N 48.25 TO POB AKA: UNIT 420 MACKENZIE MANOR
  • Tax Year 2023
  • Terms Considered Cash, Conventional
  • Type of Property Townhouse
  • View Garden
  • Window Features Impact Glass
  • Year Built Details Resale

420 SE 16th St #420

Fort Lauderdale, FL 33316

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The multiple listing information is provided by the GREATER FORT LAURDERDALE REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present GREATER FORT LAURDERDALE REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coloney Real Estate

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