Interior
- Bathrooms
- 0
- Living area
- 2,276 sq ft
Active · Quadruplex
$1,355,000
1109 NE 16th Ter, Fort Lauderdale, FL 33304
- Beds
- —
- Baths
- 0
- Living area
- 2,276 sq ft
- $ / sq ft
- $595/sq ft
- Year built
- 1952
- Lot size
- —
- HOA fee
- —
- Annual tax
- —
About this property
Renovated Turnkey Furnished 4-Plex with a Pool and HURRICANE IMPACT WINDOWS. PERFECT for Short Term Rental. HIGH OCCUPANCY. Less than 2 miles from the Beach and Downtown. Washer and dryer in each unit! It's not just a property, it's a lifestyle. This gem of an investment doesn't just come with a prime location – it's fully decked out with attractive furnishings, making it a breeze for anyone eyeing it. Dive into a sparkling pool, park without a worry, and let your tenants/guests soak up the Florida sun while enjoying all the perks on-site. Security gate and cameras for peace of mind. Everything you need is within arm's reach. Shopping, bars, entertainment, Galleria Mall, Publix – you name it, it's there! Come see for yourself!
Property location
Get Directions1109 NE 16th Ter, Fort Lauderdale, FL 33304
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Facts & features
Exterior & Structure
- Property type
- Quadruplex
- Year built
- 1952
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Broward
- MLS listing ID
- A12022835
- 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
-$2,319
- Cap rate
- 3.6%
- Net yield
- 3.6%
- Cash-on-cash return
- -7.3%
- Gross yield
- 6.9%
- Mortgage payment
- $6,423/mo
- Down payment
- $338,750
- Loan amount
- $1,016,250
- Annual NOI
- $49,258
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.