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
Listing Office: RE/MAX Select Group
IDX
Last Updated: February - 20 - 2026
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