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ResidentialIncome in Fort Lauderdale (1,484 sq ft) - Image 1
ResidentialIncome in Fort Lauderdale (1,484 sq ft)
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ResidentialIncome in Fort Lauderdale (1,484 sq ft)
648 NE 16th Terrace, Fort Lauderdale, FL 33304, Fort Lauderdale, FL 33304
$6,000,000
$4,043/sqft
0
Bedrooms
0
Bathrooms
1,484
Sq Ft
1939
Year Built

Description

Rare turnkey single-family rental portfolio in Victoria Park. Offering includes 7 folios / 8 homes totaling 18 bedrooms, at a 7% CAP RATE, all located within one of Fort Lauderdale’s most desirable and walkable neighborhoods. Properties are recently updated with modern finishes and major capital items completed, making this a low-maintenance, investor-ready portfolio requiring minimal additional investment. Strong appeal for both long-term and short-term tenants. Prime location just minutes to Las Olas Blvd, downtown Fort Lauderdale, beaches, and FLL Airport, surrounded by top dining, shopping, and entertainment. Victoria Park offers high tenant demand, low vacancy, reliable cash flow, and long-term appreciation. Portfolio details, financials, and addresses available upon request.

Key Features

Built in 1939

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TruDeals Agents

TruDeals Agents

Real Estate Agent

4.8(1200 reviews)
22 years experience
$354M in sales

Mortgage Calculator

$6,000,000
20%
6.5%
Monthly Payment$30,339
Total Interest$6,122,135
Total Payment$10,922,135