1516 NE 6th St

Fort Lauderdale, FL 33304 View Map $1,908,200 Ask a Question
Sq.Ft.2,711
Year1965

Cardinal Realty Group

(305) 910-2902

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Status: Sold
Property Type:Quad Plex
MLS #:F10357978
Sq. Feet:2,711
Date Sold:6/29/2023
County:Broward
Reduced Price!! INVESTMENT OPPORTUNITY PROJECTED 8%++ CAP RATE!! Newly renovated and furnished 4-plex in prime Victoria Park! BRAND NEW ROOF, CENTRAL AIR, ELECTRIC PANELS, IMPACT WINDOWS/DOORS, FLOORS, APPLIANCES, BATHROOMS, GRILLS, FENCE, AND MORE! Truly a must-see renovation ready for an investor or operator to start short or long term rentals just in time for busy season! Each unit boasts key-pad entry, dishwasher, private washer/dryer, walk in closets, flat screen TVs, Kuereg coffee makers, disposals, and more. ***Pictures display partial furnishing; inventory list available upon request!***AirBNB Pro Forma also available upon request*** Gross/Net Income listed are projected based on Jan-March 2023 Operations

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
6/30/2023$2,100,000$1,908,200-9.1%

Community Information

Address:1516 NE 6th St, Fort Lauderdale, FL 33304
Geo. Area:Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
County:Broward
City:Fort Lauderdale
Area:3270
Subdivision:Las Olas Park Corr Plat
Zip Code:33304

Architecture

Year Built:1965
Stories:1
Style:Fourplex
Roof: Aluminum

Features / Amenities

Exterior Features: Barbecue, Fence, Security/High Impact Doors, Lighting, Porch, Shed
Patio And Porch: Open, Porch
Window: Blinds, Impact Glass
Parking Total: 5.0
Cooling: Central Air, Ceiling Fan(s)
Heating: Central

Property Features

Lot Features: < 1/4 Acre
Utilities: Cable Available
Sewer: Public Sewer
Water: Public
Zoning:RC-15
Directions:Head South from Sunrise BLVD on NE 15th AVE, Turn left and go east on NE 6th Street, property is on South Side of the street just before 16th AVE.

Tax and Financial Info

Tax Year: 2022
Tax Annual Amount: $15,725
Buyer Financing: Conventional
Contingency: Financing
Terms: Cash, Conventional
Disclosures: Flood Plain Disclosure

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Listing Information Last Updated 12/9/2023
Listing provided courtesy of The Keyes Company (954-319-3694).
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2023 BeachesMLS, Inc.