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1316 NW 3rd StFort Lauderdale, FL 33311

For Sale

$5,400,000

Smart Buyer Rebate $54,000

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.

Full MLS Disclaimers

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.