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For Sale
Listed on August 13, 2025

1316 NW 3rd St

$5,200,000
0 Beds
0 Baths
1,250 sqft
2 Parkings
Lot size
-
Annual Tax
$5,580
Occupancy
Tenant
Year Built
2008
Property type
Multifamily
#MLS
A11858426

Description

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.

Charles Rutenberg Realty FTL

Features & Details

Learn about the features and details of 1316 NW 3rd St

Property Details

  • Property Type
    Quadruplex
  • Living Area
    1,250 sqft
  • Year Built
    2008
  • Lot Size
    -
  • Stories
    2 Stories
  • Annual Tax
    $5,580.00
  • List Date
    8/13/2025
  • Updated
    10/2/2025
  • Last Checked
    Recent
  • MLS Number
    #A11858426
  • Brokerage
    Charles Rutenberg Realty FTL
  • Postal Code
    33311
  • Area
    Broward
  • City
    -

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $5,200,000.00
  • Unit Number
    -
  • Construction
    Block
  • Heating
    Central
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    Central Air, Ceiling Fans
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    None
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    Water
  • Furnished
    No
  • Assessment Year
    2024
  • Assignment
    No
  • Extras Included
    None

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

Learn about the price history of 1316 NW 3rd St

Virtual Tour

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Real estate trends

View trends of price in Miami over the last 12 months

Explore Broward

Learn about the area around 1316 NW 3rd St

Mortgage Calculator
Estimate monthly payments for 1316 NW 3rd St
$0
20.0%
$5,200,000
1%
5.25%
10%
Estimated Monthly Payment

$24,929

Cash Flow Analysis
Mortgage Payment:
$24,928.7
Monthly Payment:
$25,643.7
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.

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About this property

Discover this stunning quadruplex in the heart of . This well-appointed property offers 1,250 square feet of living space. Originally built in 2008 in a 2-story building. Offered at $5,200,000.00 Utilities included: water. Don't miss this opportunity to own in one of the area's most desirable locations.

FAQs About 1316 NW 3rd St

Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
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1316 NW 3rd St