1316 NW 3rd St, Fort Lauderdale FL 33311

For sale Days on market 37

SEMINOLE FOREST [ Quadruplex ]

$5,200,000

$4160/sq ft

$200,000
Price Decreased

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Overview

Year Built

2008

Sqft

1250

Property Type

Quadruplex

Property Description

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.

Property Details

MLS#

A11858426

Total Floor in Bldg

Building

SEMINOLE FOREST

Address

1316 3rd St NW

City

Fort Lauderdale

State/county

Zip/Postal Code

33311

Area

Seminole Forest

Country

United States

HOA

Yes

Assoc Fee

$250

Assoc Fee Pd

Monthly

Tax Amount

$5,580

Maint Fee

$--

Tax Year

2024

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