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Winner Realty & Investments
FOR SALE
$799,000

420 SE 16th St #420
Fort Lauderdale, FL 33316

Condo, Townhouse
Residential
3
Beds
2
Baths
+
1 Half
1,620
Sq. Ft.
N/A
Acre Lot
Courtesy: Flagler Duval
Home> Florida> Fort Lauderdale> 33316
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.
F10437259
Condo, Townhouse, Townhouse
3
Broward
2 Full/1 Half
2016
Block,Stucco
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Flagler Duval
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