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1241 NE 16th Ter
Fort Lauderdale, FL 33304
Sunbeam Apartments · Multifamily Property For Sale
·
8 Units
Investment Highlights
- Generational Asset Offered by 34 Year Owner
- Opportunity to Add Value through Cosmetic Renovations - 16.06% Upside In Rents
- All Units Feature an Open Layout with Either Tile or Terrazzo Floors
- Attractive East Broward Location in the Lake Ridge Neighborhood of Fort Lauderdale
- Well-Maintained, 100% Occupied Property
- Close Proximity to Las Olas, The Galleria Mall, US 1, and Fort Lauderdale Beach
Property Facts
| No. Units | 8 | Building Size | 3,930 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1968 |
| Building Class | C | Parking Ratio | 2.54/1,000 SF |
| Lot Size | 0.26 AC | ||
| Zoning | RC-15 - allows for single-family and cluster dwellings at a medium density. | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 3,930 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1968 |
| Parking Ratio | 2.54/1,000 SF |
| Zoning | RC-15 - allows for single-family and cluster dwellings at a medium density. |
Amenities
Unit Amenities
- Air Conditioning
- Tile Floors
- Kitchen
- Oven
- Dining Room
Site Amenities
- Courtyard
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | 540 |
| 2+1 | 1 | - | 730 |
| Studios | 4 | - | 390 - 405 |
Property Taxes
| Parcel Number | 49-42-34-02-8930 | Improvements Assessment | $1,400,470 |
| Land Assessment | $63,140 | Total Assessment | $1,463,610 |
Property Taxes
Parcel Number
49-42-34-02-8930
Land Assessment
$63,140
Improvements Assessment
$1,400,470
Total Assessment
$1,463,610
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