Mackenzie Manor 3 bedroom Townhouse For Sale
420 Se 16th St, Unit 420, Fort Lauderdale, FL 33316

$799,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:F10437259
  • Unit Number:420
  • List Price: $799,000
  • Living Area: 1620 Ft² / 151 M²
  • Price Per Foot/Meter: $493 / $5,309
  • Bedrooms:3
  • Full Baths:2
  • Half Baths:1
  • Maintenance:$400
  • Taxes:$8,683
  • Year Built:2016
  • Listing Date:April 30, 2024
  • Days On Market:150

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.

Features


  • Floor:Tile
  • Interior Feature:BreakfastBar, DualSinks, EatinKitchen, FirstFloorEntry, LivingDiningRoom, MainLivingAreaEntryLevel, UpperLevelPrimary
  • Exterior Feature:Balcony, SecurityHighImpactDoors

Location


Price History


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker