1. John DeSalvio, REALTOR ®

420 16th St 420, Fort Lauderdale, FL 33316

Priced at Only: $799,000

Would you like to sell your home before you purchase this one?

  • MLS#: F10437259 ( Condo/Co-Op/Villa/Townhouse )
  • Street Address: 420 16th St 420
  • Viewed: 4
  • Price: $799,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2016
  • Bldg sqft: 0
  • Bedrooms: 3
  • Total Baths: 3
  • Full Baths: 2
  • 1/2 Baths: 1
  • Garage / Parking Spaces: 2
  • Days On Market: 207
Description
Discover an exceptional investment opportunity in downtown Fort Lauderdale with this fully leased townhome community, boasting a seamless operation managed by a reputable sober living company owned by a New York REIT for past 7 years. Current rental rate is $4,800/month. Renewal term is 5 years @ $5,200/month. Corporate tenant pays all utilities and repairs. The HOA management handles rental collections and repairs for all unit owners. This is a turn key investment with minimal effort for owner/investor. 3 bedroom 2.5 bath unit featuring 2 levels, w/ balcony and a two car garage. Great steady investment with appreciation upside, being a fee simple townhome in down town Fort Lauderdale, next to Whole Foods, the famous SE 17th St Causeway bridge and a short ride to the beach.
Payment Calculator
  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-

  •   Monthly -
Features
Bedrooms / Bathrooms
  • Dining Description: Dining/Living Room, Eat-In Kitchen, Snack Bar/Counter
Building and Construction
  • Construction Type: Concrete Block Construction, Slab Construction, Stucco Exterior Construction
  • Exterior Features: High Impact Doors, Open Balcony
  • Floor Description: Tile Floors
  • Front Exposure: North
  • Main Living Area: Entry Level
  • Year Built Description: Resale
Property Information
  • Typeof Property: Townhouse
Land Information
  • Subdivision Name: Mackenzie Manor
Garage and Parking
  • Garage Description: Attached
  • Parking Description: Fee Simple Garage
Eco-Communities
  • Storm Protection Impact Glass: Complete
Utilities
  • Cooling Description: Ceiling Fans, Central Cooling
  • Heating Description: Central Heat
  • Pet Restrictions: No Aggressive Breeds
  • Windows Treatment: High Impact Windows, Impact Glass
Amenities
  • Amenities: Exterior Lighting
Finance and Tax Information
  • Application Fee: 65
  • Assoc Fee Paid Per: Monthly
  • Home Owners Association Fee: 400
  • Dade Assessed Amt Soh Value: 430520
  • Dade Market Amt Assessed Amt: 430520
  • Security Information: Complex Fenced
  • Tax Year: 2023
Rental Information
  • Minimum Number Of Daysfor Lease: 365
Other Features
  • Approval Information: Application Fee Required, Association Approval Required, Personal Interview Required
  • Board Identifier: BeachesMLS
  • Complex Name: Mackenzie Manor
  • Equipment Appliances: Automatic Garage Door Opener, Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Geographic Area: Ft Ldale SE (3280;3600;3800)
  • Housing For Older Persons: No HOPA
  • Interior Features: First Floor Entry
  • Legal Description: LAUDERDALE 2-9 D BEG NW COR LOT 8 BLK 63, E 47.60, S 24.99, E 15, S 20, W 27.08, S 3.33 , W 35.11, N 48.25 TO POB AKA: UNIT 420 MACKENZIE MANOR
  • Parcel Number Mlx: 0020
  • Parcel Number: 504215550020
  • Possession Information: At Closing, Funding
  • Postal Code + 4: 2530
  • Restrictions: Other Restrictions
  • Section: 15
  • Special Information: As Is, Survey Available
  • Style: Townhouse Fee Simple
  • Typeof Governing Bodies: Homeowner Association
  • Typeof Association: Homeowners
  • Unit Number: 420

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