1123 NE 16th Court, Fort Lauderdale, FL 33305 (MLS# F1304352)

1123 NE 16th Court, Fort Lauderdale, FL 33305

$485,000
Property Type: Commercial Sale Square Footage: 14,025 Status: Closed
Current Price: $485,000 List Date: 8/15/2014 Last Modified: 6/09/2026

Overview

Description

OUTSTANDING PROPERTY W/ 5 RENTAL UNITS (2 DUPLEXES AND A NON CONFORMING 5TH DETACHED EFF)LARGE OPEN COURTYARD GIVES IT A KEY WEST COMPOUND FEEL! LARGE POOL AND PATIO AREA SURRONDED BY LUSH FOLIAGE PERFECT FOR SOCIAL SETTING. UNITS HAVE CERAMIC TILE FLOOR S, SPACIOUS LIVING RMS AND KITS, CENTRAL A/C IN ALL 2 BR UNITS & WWU IN EFF. TOTALLY FENCED FOR PRIVACY & TROPICALLY LANDSCAPED. 8 PARKING SPACES. GREAT RENTAL LOCATION CLOSE TO WILTON MANORS & DOWNTOWN. TOTAL INCOME $5120/MO. WHEN FULLY RENTED.

Listing Details MLS# F1304352

General Property Information

Number Of Buildings
3
Property Sub Type
Multi Family
Number Of Units Total
5
Price Per Unit
107800
Occupant Type
Vacant
Building Area Main
14025
Year Built
1961
Parking Total
8
Lot Size Area
14025
Stories Total
Yes

Property Features

Common Area Maintenance Includes: Interior Electric Documents Available: Copy Of Lease(s) Electric: Other Fencing: Fenced Flooring: Ceramic Tile Heating: Central; Electric Location of Property: City Location; Inside Lot Parking Features: Common Possession: Negotiable Property Condition: Resale Sale Includes: Fixtures; Land; Leases Source Of Expenses: Owner Provided Construction Materials: CBS Cooling: Central Building Listing Terms: Cash; Conventional Roof: Composition; Shingle Sewer: Public Sewer Water Source: Public Showing Requirements: Showing Service Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
539000

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
1123
Street Direction Prefix
NE
Street Name
16th
Street Suffix
Court
City Name
Fort Lauderdale
State Or Province
FL
Postal Code
33305
Postal Code +4
3161
Area
3380
Geographic Area
FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Parcel Number
494235041670
Subdivision Number
4
Zoning
RES INC
Directions
DIXIE HWY TO NE 16TH COURT E TO PROPERTY

Financial Information

Tax Annual Amount
6834
Tax Year
2014
Tax Legal Description
LAUDERDALE PARK 6-33 1/2 B LOT 18 TO 20 BLK 13

Status Change Information

Major Change Timestamp
2015-03-02T18:50:44Z
Major Change Type
Status Change
Status Change Date
2015-03-02
Under Contract Date
2015-02-05
Close Date
2015-03-02
Close Price
485000
Buyer Financing
Conventional

More Information

Building and Property Details

# Of Tenants
5
# Of Toilets
5

Meter Information

Number Of Meters Total
5

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Gross Income
61440
Gross Scheduled Income
61440
Inc/Exp Statement Period
ANNUAL
Insurance Expense
2384
Other Income
1644
Real Estate Taxes
6834
Service Expense
1860
Utilities Expense
2971

Description of Unit Type 1

Units Total
Yes
Furnished
No
Annual Rent
1200

Description of Unit Type 2

Units Total
Yes
Furnished
No
Annual Rent
1125

Description of Unit Type 3

Units Total
Yes
Furnished
No
Annual Rent
1020

Description of Unit Type 4

Units Total
Yes
Furnished
No

Description of Unit Type 5

Units Total
Yes
Furnished
No

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
34.58
Original List Price To Close Price
0.89

Section Details

Parcel Number MLX
1670

Originating Details

Originating System Key
87042868
Originating System ID
M00000170

Currently Not Used

Ownership Type
Other Ownership

Office/Member Information

DXORIGMLSID
FLL

Electric

Other
Yes

Flooring

Ceramic Tile
Yes

Parking Features

Common
Yes

Property Condition

Resale
Yes

Documents Available

Copy Of Lease(s)
Yes

Fencing

Fenced
Yes

Location of Property

City Location
Yes
Inside Lot
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Common Area Maintenance Includes

Interior Electric
Yes

Heating

Central
Yes
Electric
Yes

Sale Includes

Fixtures
Yes
Land
Yes
Leases
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Composition
Yes
Shingle
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

Central Building
Yes

Showing Requirements

Showing Service
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes
Listing Office: Better Homes & Gdns RE Fla 1st
Last Updated: June - 09 - 2026
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