$720,000
Fort Lauderdale, FL 33304
MLS# A11362347
Status: Closed
1882 sqft
1 / 39
Property Description
THE PRIME LOCATION OF FENCED DUPLEX, 2 UNIT WITH 2 BEDROOM, 2 FULL BATH EACH & 4 CAR PARKING AS WELL WITH THE POOL. ONE MILE FROM FT. LAUDERDALE BEACH, CLOSE TO GALLERY MALL & DOWN TOWN. ALL MOST OF NEW SS OR WHITE APPLIANCES, WINDOW ACs AND FRESHLY PAINTED. THE BOTH UNITS ARE OCCUPIED BY TENANTS. NO HOA. WASHER & DRYER ARE COMMON FOR BOTH UNITS. GOOD INVESTMENT PROPERTY WITH GOOD CAP RATE. WON'T LAST LONGER! DON'T MISS.
Details
Maps
Documents
Contract Information
Comp Sale YN: No
Listing Date: 2023-03-27
Status: Closed
Original List Price: 750000
Sold Price: $720,000
Current Price: $720,000
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)
Subdivision Number: 4
Multiple Offers Accepted: Yes
Flood Zone: AH
Country: United States
Street Number: 1033
Street Direction Prefix: NE
Street Name: 16th
Street Suffix: Terrace
State Or Province: FL
Postal Code: 33304
Postal Code +4: 2300
Subdivision Name: PROGRESSO
Area: 3380
Parcel Number: 494234045630
Zoning: RMM-25
Directions: EAST OF I-95 TO W. SUNRISE BLVD. LEFT ON NE 15TH AVE THEN MAKE A RIGHT ON NE 11TH ST THEN MAKE A RIGHT ON 16TH TERRACE AND UNIT IS ON RIGHT SIDE.
General Property Information
Number Of Units Total: 2
Adjusted Area Main: 1858
Living Area Main: 1882
Lot Size Dimensions: 6753
Parking Total: 4
Outdoor Living Spaces YN: Yes
Stories Total: 1
Pool Private YN: Yes
Property Sub Type: Duplex
Building Area Main: 1882
Year Built: 1961
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2023-06-10T04:01:40Z
Major Change Type: Status Change
Status Change Date: 2023-06-12
Under Contract Date: 2023-04-23
Close Date: 2023-06-09
Close Price: 720000
Electric
Circuit Breakers: 1
Exterior Features
Lighting: 1
Flooring
Ceramic Tile: 1
Vinyl: 1
Property Condition
Resale: 1
Documents Available
Appraisal: 1
Copy Of Lease(s): 1
Deposit - Last Months Rent: 1
Deposit - Security: 1
Fencing
Fenced: 1
Meter Information
Separate Electric Meters YN: Yes
Structure Type
Duplex: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Separate Meters: 1
Other: 1
Water Access
None: 1
Construction Materials
CBS: 1
Laundry Features
Outside: 1
Listing Terms
Cash: 1
Conventional: 1
Pool Features
In Ground: 1
Roof
Shingle: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 61200
Total Expenses: 12040
Net Operating Income: 49160
Cooling
Ceiling Fan(s): 1
Wall/Window Unit(s): 1
Showing Requirements
Call Listing Agent: 1
Storm Protection
Impact Glass: Partial
Tax Information
City/County: 1
Outdoor Living Spaces
Porch: 1
Porch Details
Porch - Open: 1
Contingencies
Inspection: 1
Buyer Details
Country of Origin: China
Intended Use: Primary Residence
Buyer State: Florida
Concessions
Seller Concessions: No
Unit 1 Appliances
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 2600
Baths Full: 2
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
SqFt: 929
Unit 1 Lease Description
Currently Leased YN: Yes
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
Open Parking: 1
Unit 1 Rooms
Kitchen: 1
Laundry Room: 1
Separate Dining: 1
Unit 2 Appliances
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 2 Details
Actual Rent: 2500
Baths Full: 2
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
SqFt: 929
Unit 2 Lease Description
Currently Leased YN: Yes
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Features
Open Parking: 1
Price Calculations
Current Price To SqFt: 382.57
Section Details
Parcel Number MLX: 5630
Financial Information
Tax Annual Amount: 7240
Tax Year: 2022
Tax Legal Description: PROGRESSO 2-18 D LOT 4 BLK 170
Originating Details
Originating System Key: 380259688
Originating System ID: M00000151
Property Features
Documents Available: Appraisal; Copy Of Lease(s); Deposit - Last Months Rent; Deposit - Security
Electric: Circuit Breakers
Exterior Features: Lighting
Fencing: Fenced
Flooring: Ceramic Tile; Vinyl
Property Condition: Resale
Structure Type: Duplex
Construction Materials: CBS
Cooling: Ceiling Fan(s); Wall/Window Unit(s)
Heating: Separate Meters; Other
Laundry Features: Outside
Listing Terms: Cash; Conventional
Pool Features: In Ground
Possession: Close Of Escrow
Roof: Shingle
Sewer: Public Sewer
Tax Information: City/County
Utilities: Cable Available
Water Access: None
Water Source: Public
Showing Requirements: Call Listing Agent
Outdoor Living Spaces: Porch
Porch Details: Porch - Open
Unit 1 Appliances: Dryer; Microwave; Range; Refrigerator; Washer
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Kitchen; Laundry Room; Separate Dining
Unit 2 Appliances: Dryer; Microwave; Range; Refrigerator; Washer
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Open Parking
Contingencies: Inspection
The Appraisal 
Listing Office: United Realty Group Inc.
Last Updated: August - 11 - 2026
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