Interior
- Bathrooms
- 0
Active · MultiFamily
$2,500,000
749 NE 16th Avenue, Fort Lauderdale, FL 33304
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1963
- Lot size
- 9,566 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
Victoria Park rental income property operating as 6 units. One 2/1 with private outdoor patio and five 1/1's. Oversized, corner lot is 9,566 SF. All apartments have individual A/C units. One central meter for water and electric. All tenants pay 1/6 of the total utility bills. Units are in good condition with stainless steel appliances. Two blocks from Holiday Park, minutes to the beaches, Las Olas and downtown.
Property location
Get Directions749 NE 16th Avenue, Fort Lauderdale, FL 33304
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Facts & features
Exterior & Structure
- Property type
- MultiFamily
- Year built
- 1963
- Lot size
- 9,566 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Broward
- MLS listing ID
- F10536144
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$4,893
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $11,851/mo
- Down payment
- $625,000
- Loan amount
- $1,875,000
- Annual NOI
- $83,500
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.