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420 SE 16th St Unit 420

Fort Lauderdale, FL 33316

3 beds
2.5 baths
1,620 sqft
$493 per sqft
2016 build
– on site

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.

Listing courtesy of GFLR / Flagler Duval

Last checked: Checking… • Last updated Nov 17, 2024 •

MLS# F10437259 —

The Building

Year Built:

2016
Year Built Description:

Resale
Construction Type:

Concrete Block Construction, Slab Construction, Stucco Exterior Construction
Style:

Townhouse Fee Simple
Security Information:

Complex Fenced
Year Roof Installed:

2015
Front Exposure:

North
Balcony Porch and/or Patio:

Yes
Exterior Features:

High Impact Doors, Open Balcony
Total # of Units in Complex:

8
Total # of Units in Building:

4
Unit Number:

420
Total Floors In Building:

2
Unit Design:

Corner Unit, West Of Us1
Unit Floor Location:

1
Storm Protection Impact Glass:

Complete

Interior

# of Interior Levels:

2
Interior Features:

First Floor Entry
Main Living Area:

Entry Level
Dining Description:

Dining/Living Room, Eat-In Kitchen, Snack Bar/Counter
Floor Description:

Tile Floors
Window Treatments:

High Impact Windows, Impact Glass
# of Ceiling Fans:

3

Room Dimensions

SqFt Living Room Area:

1,620 Sqft

Financial & Terms

Terms Considered:

Cash, Conventional

Location

Directions:

Federal Hwy to SE 16th Street going west. Townhome community on the south side.

The Property

Type of Property:

Townhouse
Property Type:

Condo/Co-Op/Villa/Townhouse
Parcel Number:

504215550020
Geographic Area:

Ft Ldale SE (3280;3600;3800)
Property Detached:

No
Waterfront Property:

No

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Amount:

$8,683
Tax Information:

Tax Reflects City & County Tax

Beds

Total Bedrooms:

3
Bedroom Description:

Master Bedroom Upstairs

Baths

Full Baths:

2
Half Baths:

1
Main Level Baths:

1
Master Bath Description:

Combination Tub & Shower, Dual Sinks

The Listing

Special Information:

As Is, Survey Available
Auction:

No

Heating & Cooling

Cooling Description:

Ceiling Fans, Central Cooling
Heating Description:

Central Heat

Utilities

Internet:

Yes
Cable Available:

Yes

Appliances

Equipment Appliances:

Automatic Garage Door Opener, Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
Laundry Appliances Included:

Washer and Dryer

The Community

Subdivision Name:

Mackenzie Manor
Subdivision Complex Bldg:

Mackenzie Manor
Gated Community:

No
Complex Name:

Mackenzie Manor
Unit View:

Garden View
Amenities:

Exterior Lighting
Pets Allowed:

Yes
Pet Restrictions:

No Aggressive Breeds
Restrictions:

Other Restrictions
Maintenance Includes:

Building Exterior, Common Area, Landscaping/Lawn Maintenance, Legal/Accounting, Manager
Maintenance Charge Month:

$400
Type of Association:

Homeowners
Association Fee:

$400
Association Fee Paid:

Monthly
Type of Governing Bodies:

Homeowner Association

Parking

Garage Description:

Attached
# of Garage Spaces:

2
Parking Description:

Fee Simple Garage

Monthly cost estimate

Asking price

$799,000

Expense	Monthly cost
Mortgage	$4,278
Taxes	N/A
Insurance	$219
HOA fees	$400
Utilities	$145 See report
Total	$5,042/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/30/24 Apr 30, 2024	Listed / Active	GFLR	$799,000
12/27/18 Dec 27, 2018	Listed / Active	GFLR

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This condo located in Harbordale, Fort Lauderdale, FL 33316 is currently for sale for $799,000. 420 SE 16th St Unit 420 is a 1,620 square foot condo with 3 beds and 2.5 baths that has been on Estately for 206 days. 420 SE 16th St Unit 420 is in the Harbordale neighborhood of Fort Lauderdale and has a WalkScore® of 91, making it a walker’s paradise.

Listing Courtesy of: GFLR and Flagler Duval.

Based on information from the GFLR 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. GFLR, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GFLR and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.