Exceptional investment opportunity featuring 17 stabilized, fully leased townhomes within a 38-unit residential community in Fort Lauderdale, FL. Most units include newer central A/C systems for long-term durability and tenant satisfaction. Mix of 1-car and 2-car garages enhances tenant appeal and functionality. Seller holds valuable Builder Rights, granting full control over the HOA and strategic influence over community operations. Tenants pay for their own water and electricity, providing operational efficiency and reduced owner expenses. Strong in-place rental income, minimal management requirements, and a prime location near major highways, schools, shopping, and vibrant Downtown Fort Lauderdale.
Listed by Shirley Slotwiner
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License #3287505
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Charles Rutenberg Realty FTL
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305-338-9884
Last updated August 14, 2025
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Source: MIAMIRE #A11858426
Listing Facts
TypeMulti-family
NeighborhoodSeminole Forest
Days on Prevu25
HOA/Maint. Fees$250/month
Taxes$5,580/year
Size1,250 sqft
Price per sqft$4,320
Amenities
Pets Allowed
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
08/13/2025
Listed by Charles Rutenberg Realty FTL
$5,400,000
Property Details for 1316 NW 3rd St
Association
Fees
Association Fee: $250.00 Monthly
General
Number Of Units In Community: 2
Exterior
Construction
Roof: Other
Stories: 2
Stories Total: 2
Structure Type: Quadruplex, Fourplex
Year Built: 2008
Year Built Details: Effective Year Built
Architectural Style: Other
Building Name: SEMINOLE FOREST
Construction Materials: Concrete Block Construction
Measurements
Building Area Total: 1,486
Building Area Units: Square Feet
Lot Features: 3/4 To Less Than 1 Acre Lot
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 504204500180
Tax Annual Amount: $5,580.00
Tax Year: 2024
Interior
Features
Flooring: Vinyl
Measurements
Living Area: 1,250
Living Area Units: Square Feet
Other
Location
Subdivision Name: SEMINOLE FOREST
Parking
Parking
Parking Total: 2
Utilities
Equipment
Cooling: Ceiling Fan(s), Central Air
Has Cooling: Yes
Heating: Central
Has Heating: Yes
Sewer: Public Sewer
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.