1129 NE 16th Avenue, Fort Lauderdale, FL 33304
$1,249,900
Property Type:
Residential Income
Square Footage:
3,022
Status:
Active
Current Price:
$1,249,900
List Date:
7/29/2025
Last Modified:
2/20/2026
Description
Legal 5 units building now operated as 6unit residential income property, 4- 1 bed 1 bath units, 1 efficiency and a 2 bedroom 1 bath unit. gross yr income now 99,600 with potential income 117,600, Separate laundry room for additional income, impact windows. Good for owner occupied or Airbnb. Great location Close to beach and downtown. Separate electrical meters, owner pays water, sewer and garbage. Please also refer to MLS F10517299 as commercial property listing. Rents are low due to long term tenants and owner generosity
More Information MLS# F10519209
Contract Information
Comp Sale YN: No
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
Postal Zip: 33304
Geographic Area: FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Country: United States
Street Number: 1129
Street Direction Prefix: NE
Street Name: 16th
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33304
Subdivision Name: Progresso 2-18 D
Area: 3360
Parcel Number: 494234043360
Zoning: RC-15
Directions: USE GPS
Currently Not Used
Number Of Units Total: 4
General Property Information
Living Area Main: 2840
Lot Size Dimensions: 6752
Gated Community YN: No
Stories Total: 1
Pool Private YN: No
Spa YN: No
LP/Assessed Value: 1.16
Property Sub Type: Quadruplex
Building Area Main: 3022
Year Built: 1964
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
Association Fee Includes
Sewer: 1
Trash: 1
Water: 1
Flooring
Tile: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Special Information
Sold As-Is: 1
Co-Ownership
Property Management YN: No
Documents Available
Other Available Information: 1
Meter Information
Separate Electric Meters YN: Yes
Possession
Negotiable: 1
Subject To Tenant Rights: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Central: 1
Electric: 1
Separate Meters: 1
Window/Wall: 1
Construction Materials
Block: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Flat: 1
Tile: 1
Water Source
Public: 1
Cooling
Central Air: 1
Electric: 1
Wall/Window Unit(s): 1
Showing Requirements
24 Hour Notice: 1
Showing Service: 1
Restrictions
Other Restrictions: 1
Storm Protection Details
High Impact Windows: 1
Tax Information
Tax Reflects No Exemptions: 1
Outdoor Living Spaces
Balcony: 1
Porch: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 2500
Baths Full: 2
Beds Total: 3
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
Unit 1 Lease Description
Lease Term: Month To Month
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
Open Parking: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 2800
Baths Full: 2
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
Unit 2 Lease Description
Lease Term: Month To Month
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Features
Open Parking: 1
Unit 3 Appliances
Range: 1
Refrigerator: 1
Unit 3 Details
Actual Rent: 1500
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
Unit 3 Lease Description
Lease Term: Month To Month
Unit 3 Other Equipment
Air Conditioning Unit: 1
Unit 3 Parking Features
Open Parking: 1
Unit 4 Appliances
Microwave: 1
Refrigerator: 1
Unit 4 Details
Actual Rent: 1500
Baths Full: 1
Beds Total: 1
Efficiency YN: Yes
Furnished: Unfurnished
Hotel Room YN: No
Unit 4 Lease Description
Currently Leased YN: Yes
Unit 4 Other Equipment
Air Conditioning Unit: 1
Unit 4 Parking Features
Other: 1
Price Calculations
Current Price To SqFt: 440.11
Section Details
Parcel Number MLX: 3360
Acreage Description
Less Than 1/4 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-01-29T16:43:04Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-01-29T16:43:04Z
Status Change Date: 2025-08-06
Originating Details
Originating System Key: 602261583
Originating System ID: M00000170
Property Features
Association Fee Includes: Trash; Water
Documents Available: Other Available Information
Flooring: Tile
Property Condition: Resale
Construction Materials: Block
Cooling: Central Air; Electric; Wall/Window Unit(s)
Heating: Central; Electric; Separate Meters; Window/Wall
Listing Terms: Cash; Conventional
Possession: Negotiable; Subject To Tenant Rights
Restrictions: Other Restrictions
Roof: Flat; Tile
Sewer: Public Sewer
Special Information: Sold As-Is
Storm Protection Details: High Impact Windows
Tax Information: Tax Reflects No Exemptions
Utilities: Cable Available
Water Source: Public
Showing Requirements: 24 Hour Notice; Showing Service
Outdoor Living Spaces: Balcony; Porch
Unit 1 Appliances: Range; Refrigerator
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Open Parking
Unit 3 Appliances: Range; Refrigerator
Unit 3 Other Equipment: Air Conditioning Unit
Unit 3 Parking Features: Open Parking
Unit 4 Appliances: Microwave; Refrigerator
Unit 4 Other Equipment: Air Conditioning Unit
Unit 4 Parking Features: Other
Acreage Description: Less Than 1/4 Acre Lot
Documents
Listing Office:
RE/MAX Select Group
Last Updated: February - 20 - 2026
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