Interior
- Bathrooms
- 0
- Living area
- 2,829 sq ft
- Flooring
- Ceramic Tile, Laminate
- Cooling
- Central Air
- Heating
- Central
Active · Duplex
$1,020,000
5 NE 16th Ct, Fort Lauderdale, FL 33305
- Beds
- —
- Baths
- 0
- Living area
- 2,829 sq ft
- $ / sq ft
- $361/sq ft
- Year built
- 1975
- Lot size
- —
- HOA fee
- —
- Annual tax
- $11,570
About this property
BEST INVESTMENT PORTFOLIO IN FORT LAUDERDALE!! CONSISTS OF TWO 5 bed 2 bath UNITS.CURRENTLY RENTED AT TOP PRICE!! JUST BUY AND START RECEIVING YOUR MONTHLY CASHFLOW!! SHOWINGS WILL ONLY BE DONE ONCE UNDER CONTRACT. OWNER COULD FINANCE WITH 50% DOWN
Property location
Get Directions5 NE 16th Ct, Fort Lauderdale, FL 33305
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Facts & features
Exterior & Structure
- Property type
- Duplex
- Year built
- 1975
- Roof
- Flat, Tile
- Construction
- Brick, Block
- Pool
- None
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Annual tax
- $11,570
- Subdivision
- PLACIDO PLACE
- County
- Broward
- Days on market
- 0
- MLS listing ID
- A11968537
- Listing status
- Active
Virtual tour
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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
$713
- Cap rate
- 6.5%
- Net yield
- 6.5%
- Cash-on-cash return
- 3.0%
- Gross yield
- 9.3%
- Mortgage payment
- $4,835/mo
- Down payment
- $255,000
- Loan amount
- $765,000
- Annual NOI
- $66,578
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.