Commercial property in Fort Lauderdale, Florida 451.04 sq.m. № 1362463
1
ID1362463
$ 2 300 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
Exceptional investment opportunity!This beautifully renovated Fourplex in the highly sought-after Riverside Park neighborhood, just moments from Downtown Fort Lauderdale, offers an impressive rental potential. Property Highlights: Unit Breakdown: Two units featuring 3 bedrooms and 2 bathrooms each, and two units offering 4 bedrooms and 2 bathrooms each. Recently updated with fresh paint and modern finishes throughout. IMPACT WINDOWS, security cameras, and a convenient on-site laundry room. ROOF Only 10 years old, ensuring reliability and longevity. Located in a prime area with strong rental demand, this property combines updated amenities with a strategic location. Perfect for investors seeking a turnkey asset with excellent income potential. Don't miss out on this fantastic opportunity!MLS #: A11658637
Fort Lauderdale - Statistics
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| Parameters | Fort Lauderdale |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 2 315.00 |
| Apartment (1 bedroom) Outside of Centre | $ 1 977.09 |
| Apartment (3 bedrooms) in City Centre | $ 3 776.71 |
| Apartment (3 bedrooms) Outside of Centre | $ 3 323.44 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 4 501.45 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 3 775.42 |
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| Parameters | Fort Lauderdale |
|---|---|
| Crime Index | 48.65 |
| Cost of Living and Rent Index | 62.41 |
| Purchasing Power Index | 148.15 |
| Property Price to Income Ratio | 4.25 |
| Safety Index | 51.35 |
| Traffic CO₂ Index | 8326.96 |
| Traffic Inefficiency Index | 209.79 |
| Rent Index | 54.82 |
| Health Care Index | 68.80 |
| Groceries Index | 76.45 |
| Pollution Index | 29.31 |
| Traffic Commute Time Index | 31.43 |
| Restaurant Price Index | 75.42 |
| Climate Index | 84.25 |
| Cost of Living Index | 68.59 |
| Quality of Life Index | 194.18 |
| Traffic Index | 150.92 |
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| Parameters | Fort Lauderdale |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 20.00 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 100.00 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 10.50 |
| Domestic Beer (0.5 liter draught) | $ 6.00 |
| Imported Beer (0.33 liter bottle) | $ 6.50 |
| Coke/Pepsi (0.33 liter bottle) | $ 2.75 |
| Water (0.33 liter bottle) | $ 2.15 |
| Cappuccino (regular) | $ 5.33 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.10 |
| Loaf of Fresh White Bread (500g) | $ 4.28 |
| Eggs (regular) (12) | $ 3.45 |
| Local Cheese (1kg) | $ 11.56 |
| Water (1.5 liter bottle) | $ 2.05 |
| Bottle of Wine (Mid-Range) | $ 12.00 |
| Domestic Beer (0.5 liter bottle) | $ 1.73 |
| Imported Beer (0.33 liter bottle) | $ 3.03 |
| Cigarettes 20 Pack (Marlboro) | $ 10.00 |
| Apples (1kg) | $ 5.55 |
| Chicken Fillets (1kg) | $ 9.37 |
| Oranges (1kg) | $ 4.39 |
| Potato (1kg) | $ 3.55 |
| Lettuce (1 head) | $ 2.24 |
| Rice (white), (1kg) | $ 4.39 |
| Tomato (1kg) | $ 5.39 |
| Banana (1kg) | $ 1.54 |
| Onion (1kg) | $ 3.07 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 19.19 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 2.38 |
| Monthly Pass (Regular Price) | $ 72.50 |
| Gasoline (1 liter) | $ 0.90 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 27 000.00 |
| Taxi Start (Normal Tariff) | $ 4.50 |
| Taxi 1km (Normal Tariff) | $ 1.55 |
| Taxi 1hour Waiting (Normal Tariff) | $ 22.00 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 24 830.64 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 164.09 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 61.67 |
| $ 58.85 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 4 871.21 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.60 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 75.67 |
| Tennis Court Rent (1 Hour on Weekend) | $ 13.33 |
| Cinema, International Release, 1 Seat | $ 14.50 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 47.50 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 45.00 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 88.00 |
| 1 Pair of Men Leather Business Shoes | $ 95.57 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 816.67 |
| International Primary School, Yearly for 1 Child | $ 16 000.00 |
Data are provided by Numbeo.com and are based on its users survey. Florida.realestate can not guarantee the validity of these data.
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CityFort Lauderdale
Address640 SW 16th Ave, Fort Lauderdale FL 33312
TypeCommercial property
Living space451.04 m²
- m²
- sq. ft
Completion dateIV quarter, 1965
Parking places8
Price
- Price
- per m²
$ 2 300 000
- EUR €
- USD $
- RUB ₽
- GBP £
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