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$279,000
1516 N Dixie Highway
Fort Lauderdale, FL 33304
MLS# F1267266
Status: Closed
1764 sqft


Exterior Front
  1 / 18  
Exterior Front Kitchen Living Room Bathroom Yard/Garden Living Room Kitchen Bathroom Kitchen Living Room Bedroom Bathroom Yard/Garden Kitchen Living Room Bathroom Yard/Garden Other

Property Description
Quiet 4 unit building just 5 blocks south of Wilton Manors. All kitchens redone with granite tile counters, new appliances, and new tile floors in 2012. All units have their own private patio / yard. Tax records show building as a fourplex - has 1 wate r meter and 2 electrical meters. Strong rent rolls, always rented. Revenue and Expense documents available on attachments. Owner shows CAP rate of 9.6% Coin laundry on site - nice for occupants & generates $$. 2 Bed/1 bath unit open for buyer/occupant.

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2013-12-03
Status: Closed
Original List Price: 349000
Sold Price: $279,000
Current Price: $279,000
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
Country: United States
Street Number: 1516
Street Direction Prefix: N
Street Name: Dixie
Street Suffix: Highway
State Or Province: FL
Postal Code: 33304
Postal Code +4: 4842
Subdivision Name: LAUDERDALE PARK
Area: 3380
Parcel Number: 494235041150
Zoning: MULTIFAM
Directions: ON DIXIE HWY SOUTH OF WILTON MANORS 5 POINTS
General Property Information
Number Of Units Total: 4
Living Area Main: 1764
Lot Size Dimensions: 50' X 126'
Outdoor Living Spaces YN: Yes
Stories Total: 1
Pool Private YN: No
LP/Assessed Value: 3.39
Property Sub Type: Quadruplex
Building Area Main: 1764
Year Built: 1959
Builder Model: Renovated Kitchens
Financial Information
Tax Assessed/SOH Value: 95960
Assessor Market Value: 95960
Tax Year: 2013
Tax Legal Description: LAUDERDALE PARK 6-33 1/2 B LOT 7,8 BLK 9
Office/Member Information
DXORIGMLSID: FLL
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2014-04-09T09:13:14Z
Major Change Type: Status Change
Price Change Timestamp: 2014-01-29T10:13:14Z
Status Change Date: 2014-04-09
Under Contract Date: 2014-03-31
Close Date: 2014-04-09
Close Price: 279000
Association Amenities
Laundry: 1
Association Fee Includes
Electricity: 1
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
Copy Of Lease(s): 1
Rent Rolls: 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
None: 1
Window Features
Blinds: 1
Construction Materials
CBS: 1
Listing Terms
Conventional: 1
Roof
Tar/Gravel: 1
Water Source
Public: 1
Cooling
Ceiling Fan(s): 1
Wall/Window Unit(s): 1
Ceiling Fan Details
Number Of Ceiling Fans: 8
Showing Requirements
24 Hour Notice: 1
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Tax Information
No Homestead: 1
Outdoor Living Spaces
Patio: 1
Concessions
Seller Concessions: No
Unit 1 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 800
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 0
Unit 1 Lease Description
Currently Leased YN: Yes
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
Open Parking: 1
Unit 2 Appliances
Microwave: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 550
Baths Full: 1
Efficiency YN: Yes
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 2 Patio/Porch
Patio/Porch: 1
Unit 3 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Unit 3 Details
Actual Rent: 1000
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 0
Unit 3 Lease Description
Currently Leased YN: Yes
Unit 3 Other Equipment
Air Conditioning Unit: 1
Unit 3 Parking Features
Open Parking: 1
Unit 3 Patio/Porch
Patio/Porch: 1
Unit 4 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Unit 4 Details
Actual Rent: 750
Baths Full: 1
Efficiency YN: Yes
Furnished: Unfurnished
SqFt: 0
Unit 4 Lease Description
Currently Leased YN: Yes
Unit 4 Other Equipment
Air Conditioning Unit: 1
Unit 4 Parking Features
Open Parking: 1
Unit 4 Patio/Porch
Screened Porch: 1
Price Calculations
Current Price To SqFt: 158.16
Original List Price To Close Price: 0.79
Section Details
Parcel Number MLX: 1150
Acreage Description
Less Than 1/4 Acre Lot: 1
Income and Expenses
Net Operating Income: 31182
Operating Expense: 7218
Gross Scheduled Income: 38400
Originating Details
Originating System Key: 20563926
Originating System ID: M00000170
Property Features
Association Amenities: Laundry
Association Fee Includes: Electricity; Trash; Water
Documents Available: Copy Of Lease(s); Rent Rolls
Flooring: Tile
Property Condition: Resale
Construction Materials: CBS
Cooling: Ceiling Fan(s); Wall/Window Unit(s)
Heating: None
Listing Terms: Conventional
Possession: Negotiable; Subject To Tenant Rights
Roof: Tar/Gravel
Sewer: Public Sewer
Special Information: Sold As-Is
Tax Information: No Homestead
Utilities: Cable Available
Water Source: Public
Window Features: Blinds
Showing Requirements: 24 Hour Notice; Call Listing Agent; Listing Agent Must Accompany
Outdoor Living Spaces: Patio
Unit 1 Appliances: Microwave; Range; Refrigerator
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Open Parking
Unit 2 Appliances: Microwave; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Open Parking
Unit 3 Appliances: Microwave; Range; Refrigerator
Unit 3 Other Equipment: Air Conditioning Unit
Unit 3 Parking Features: Open Parking
Unit 4 Appliances: Microwave; Range; Refrigerator
Unit 4 Other Equipment: Air Conditioning Unit
Unit 4 Parking Features: Open Parking
Acreage Description: Less Than 1/4 Acre Lot

IDX
Listing Office: Balistreri Real Estate Inc

Last Updated: August - 10 - 2026

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