Search for Real Estate Property in South Florida

5 NE 16th Court, Fort Lauderdale, FL 33305

$1,020,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11968537

Property Type: Residential Income Square Footage: 2,829 Status: Active

Current Price: $1,020,000 List Date: 2/19/2026 Last Modified: 5/31/2026

Overview

Description

BEST INVESTMENT PORTFOLIO IN FORT LAUDERDALE!! CONSISTS OF TWO 5 bed 2 bath UNITS.CURRENTLY RENTED AT TOP PRICE!! JUST BUY AND START RECEIVING YOUR MONTHLY CASHFLOW!! SHOWINGS WILL ONLY BE DONE ONCE UNDER CONTRACT.OWNER COULD FINANCE WITH 50% DOWN

Listing Details MLS# A11968537

General Property Information

Number Of Units Total: 2
Property Sub Type: Duplex
Building Area Main: 2829
Living Area Main: 2829
Adjusted Area Main: 2829
Year Built: 1975
Parking Total: 5
Stories Total: 2
Pool Private YN: No

Property Features

Documents Available: Deposit - Last Months Rent Flooring: Ceramic Tile; Laminate Property Condition: Resale Structure Type: Duplex Construction Materials: Concrete Block - No Stucco Cooling: Central Air Heating: Central; Separate Meters Listing Terms: Cash; Conventional Possession: Close Of Escrow Roof: Flat; Tile Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Showing Requirements: 24 Hour Notice Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 1 Rooms: Laundry Room Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Parking Space

Contract Information

Comp Sale YN: No
Original List Price: 1020000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 5
Street Direction Prefix: NE
Street Name: 16th
Street Suffix: Court
City Name: Fort Lauderdale
State Or Province: FL
Postal Code: 33305
Postal Code +4: 2906
Postal Zip: 33305
Subdivision Name: PLACIDO PLACE
Area: 3419
Geographic Area: FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Parcel Number: 494234190500
Subdivision Number: 19
Zoning: RDS-15
Flood Zone: AH

Financial Information

Tax Annual Amount: 11570
Tax Year: 2025
Tax Legal Description: PLACIDO PLACE 11-43 B LOT 3 BLK 4

Status Change Information

Major Change Timestamp: 2026-02-19T05:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-02-19

More Information

Income and Expenses

Gross Income: 6380

Unit 1 Details

Actual Rent: 3190
Baths Full: 2
Efficiency YN: No
SqFt: 1500

Unit 1 Lease Description

Lease Term: Month To Month

Unit 2 Details

Actual Rent: 3190
Baths Full: 3
Efficiency YN: No
SqFt: 1500

Unit 2 Lease Description

Lease Term: Month To Month

Section Details

Parcel Number MLX: 0500

Originating Details

Originating System Key: 427052401
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Ceramic Tile: Yes
Laminate: Yes

Property Condition

Resale: Yes

Documents Available

Deposit - Last Months Rent: Yes

Structure Type

Duplex: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

Central: Yes
Separate Meters: Yes

Construction Materials

Concrete Block - No Stucco: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Flat: Yes
Tile: Yes

Cooling

Central Air: Yes

Showing Requirements

24 Hour Notice: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 1 Rooms

Laundry Room: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Parking Space: Yes

Listing Office: Home Wiz USA

Last Updated: May - 31 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.