Interior
- Bathrooms
- 0
- Living area
- 2,909 sq ft
- Flooring
- Ceramic Tile, Tile
- Cooling
- Central Air
- Heating
- Central
- Interior features
- Main Living Area Entry Level
Active · Duplex
$1,099,000
53 NE 16th Place, Fort Lauderdale, FL 33305
- Beds
- —
- Baths
- 0
- Living area
- 2,909 sq ft
- $ / sq ft
- $378/sq ft
- Year built
- 1951
- Lot size
- 10,214 sq ft
- HOA fee
- —
- Annual tax
- $11,703
About this property
Fully Renovated Property with Two Buildings - Prime Fort Lauderdale. Located in desirable Fort Lauderdale, this beautifully renovated property features two separate structures — one in the front and one in the back — offering flexibility for extended living, rental income, or guest use. Enjoy modern living with brand-new upgrades throughout, including: Impact windows, New roof, Sleek tile flooring, New plumbing & electrical (all work completed with permits), New fencing for added privacy, Contemporary kitchen with new appliances, Stylish, updated bathrooms, New washer & dryer Just 10 minutes from the beach, this property delivers the perfect combination of comfort, convenience, and coastal lifestyle. Property yearly gross income $95,400
Property location
Get Directions53 NE 16th Place, Fort Lauderdale, FL 33305
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Facts & features
Exterior & Structure
- Property type
- Duplex
- Year built
- 1951
- Stories
- 1
- Lot size
- 10,214 sq ft
- Architectural style
- One Story
- Roof
- Composition, Shingle
- Construction
- Brick, Block, Stucco
- Exterior features
- Courtyard, Fence
- Pool
- None
- Waterfront
- Other
- View
- Garden
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Pets allowed
- No
- Annual tax
- $11,703
- Subdivision
- PLACIDO PLACE RESUB
- County
- Broward
- Days on market
- 174
- MLS listing ID
- B26022133
- 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
$606
- Cap rate
- 6.4%
- Net yield
- 6.4%
- Cash-on-cash return
- 2.4%
- Gross yield
- 9.0%
- Mortgage payment
- $5,210/mo
- Down payment
- $274,750
- Loan amount
- $824,250
- Annual NOI
- $69,790
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.