5611129 NE 16th Avenue 1-5, Fort Lauderdale, FL 33304
$1,249,900
Property Type:
Commercial Sale
Square Footage:
3,022
Lot Size (sq. ft.):
6,752
Status:
Active
Current Price:
$1,249,900
List Date:
7/28/2025
Last Modified:
2/20/2026
Description
Legal 5 units building now operated as 6 unit residential income property. 4-1 bed 1 bath units, 1 efficiency and a 2 bed 1 bath unit. Separate laundry room for additional income, impact windows. Good for owner occupied or Airbnb. Close to the beach and downtown. Separate electrical meters, owner pays water, sewer and garbage. Gross YR now 99,600 with potential income 117,600 ,long term stable tenant and very generous landlord
More Information MLS# F10517299
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Listing Contract Date: 2025-07-28
Status: Active
Original List Price: 1599900
List Price: $1,249,900
Current Price: $1,249,900
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Fort Lauderdale
Municipal Code: 0
Postal Code: 33304
Geographic Area: FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Property Description: Multi Family 5 unit rental
Country: United States
Street Number: 1129
Street Direction Prefix: NE
Street Name: 16th
Street Suffix: Avenue
Unit Number: 1-5
State Or Province: FL
Postal Code +4: 2582
Area: 3380
Parcel Number: 494234043360
Zoning: RC-15
Directions: USE GPS
General Property Information
Occupant Type: Tenant
Lot Size Area: 6752
Stories Total: 1
Property Sub Type: Multi Family
Building Area Main: 3022
Year Built: 1964
Parking Total: 6
Lot Size Acres: 0.16
Currently Not Used
Number Of Units Total: 5
Financial Information
Tax Assessed/SOH Value: 1073570
Assessor Market Value: 1073570
Tax Annual Amount: 23250
Tax Year: 2025
Tax Legal Description: PROGRESSO 2-18 D LOT 5 BLK 156
Office/Member Information
DXORIGMLSID: FLL
Electric
Separate Meters: 1
Flooring
Tile: 1
Parking Features
Common: 1
Property Condition
Resale: 1
Structure Type
Warehouse: 1
Location of Property
In Residential Area: 1
Inside Lot: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Common Area Maintenance Includes
Interior Electric: 1
Sewer: 1
Trash Collection: 1
Water: 1
Heating
Central Individual: 1
Sale Includes
Land: 1
Construction Materials
Block: 1
Listing Terms
Cash: 1
Conventional: 1
Water Source
Public: 1
Description of Unit Type 1
Unit Type: 1 Bedroom
Units Total: 1
Beds Total: 1
Half Baths: 1
Furnished: No
Description of Unit Type 2
Unit Type: 1 Bedroom
Units Total: 2
Beds Total: 1
Half Baths: 1
Furnished: No
Cooling
Central Individual: 1
Description of Unit Type 3
Unit Type: 1 Bedroom
Units Total: 3
Beds Total: 1
Half Baths: 1
Furnished: No
Description of Unit Type 4
Unit Type: 1 Bedroom
Units Total: 4
Beds Total: 1
Half Baths: 1
Furnished: No
Description of Unit Type 5
Unit Type: 2 Bedroom
Units Total: 5
Beds Total: 2
Half Baths: 1
Furnished: No
Description of Unit Type 6
Unit Type: Efficiency
Units Total: 6
Half Baths: 1
Furnished: No
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Showing Service: 1
See Remarks: 1
Price Calculations
Current Price To SqFt: 413.6
Section Details
Parcel Number MLX: 3360
Status Change Information
Major Change Timestamp: 2026-01-29T16:49:51Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-01-29T16:49:51Z
Status Change Date: 2025-07-28
Originating Details
Originating System Key: 601794918
Originating System ID: M00000170
Property Features
Common Area Maintenance Includes: Interior Electric; Sewer; Trash Collection; Water
Electric: Separate Meters
Flooring: Tile
Heating: Central Individual
Location of Property: In Residential Area; Inside Lot
Parking Features: Common
Possession: Negotiable
Property Condition: Resale
Sale Includes: Land
Construction Materials: Block
Cooling: Central Individual
Listing Terms: Cash; Conventional
Sewer: Public Sewer
Structure Type: Warehouse
Water Source: Public
Showing Requirements: 24 Hour Notice; Appointment Only; Showing Service; See Remarks
Documents
Detailed Property Information ›
Listing Office:
RE/MAX Select Group
Last Updated: February - 20 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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