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$5,200,000

  • For Sale
  • Active
  • Multi-Family
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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.

Full Property Details for 1316 NW 3rd St

General

  • Price: $5,200,000
  • HOA FEE: $250/month
  • Taxes: $5,580 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A11858426
  • Updated: 9/19/2025
  • Added to Site: 159 day(s) ago

Rental Information

  • Rent Includes: Hot Water, Gardener

Interior

  • Flooring: Vinyl

Parking

  • Total Spaces: 2

Location

  • Area: Seminole Forest
  • County: Broward County
  • Subdivision: SEMINOLE FOREST
  • Building Name: SEMINOLE FOREST
  • Driving Directions: I-95 go to to East Broward Blvd. - head East. Turn left onto NW 15TH Avenue. Turn Right onto NW 2nd Street and head East. Property is on Left.

Community

  • Community Name: Seminole Forest
  • Association: Yes
  • Units Assoc/Comm: 2

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer

Structural Information

  • Architectural Style: Other
  • Structure Type: Quadruplex, Fourplex
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction
  • Roof: Other
  • Stories/Levels: 2
  • Building Size: 1486
  • Square Feet: 1,250
  • Living Area: 1,250 Sq. Ft.
  • Year Built: 2008

Unit Information

  • Units in Complex: 2

Lot Features

  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Zoning: RMM-25

Financial Considerations

  • Price Per Sq. Ft.: $4,160
  • Association Fee: $250
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $5,580
  • Tax Year: 2024
  • Terms: All Cash, Conventional, Exchange

Disclosures and Reports

  • Documents Avail.: Investment Analysis, Rent Rolls
  • Legal Description: SEMINOLE FOREST 14-16 B PORTION LOT 13 BLK 3 DESC AS: COMM NE COR LOT 15, W 100.33 ALG N/L TO POB, S 53.24, W 30.16, N 53.16, E 30.16 TO POB AKA:
  • Property ID: 504204500180

Listed by Charles Rutenberg Realty FTL

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Listing agent

— 1316 NW 3rd St —

  • Charles Rutenberg Realty FTL

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1316 NW 3rd St

School District:Broward County School District
NameGradesDistance
North Fork Elementary School
101 Northwest 15th Avenue, Fort Lauderdale, FL 33311
4-50.2 mi
Parkway Middle School, Lauderhill, FL
3600 Northwest 5th Court, Lauderhill, FL 33311
6-82.3 mi
Stranahan High School
1800 Southwest 5th Place, Fort Lauderdale, FL 33312
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1316 NW 3rd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/19/2025
Price Reduced
$5,200,000
-3.7%
MLS
8/13/2025
Listed
$5,400,000
271.44%
MLS
3/26/2018
Sold
$1,453,800
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1316 NW 3rd St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,580
—
$295,940
8%
2024
$5,580
9%
$274,930
14%
2023
$5,103
43%
$240,380
43%
2021
$3,573
-22%
$167,620
-22%
2022
$4,569
28%
$215,390
49%
2021
$3,573
15%
$144,460
-4%
2019
$3,098
40%
$149,980
57%
2018
$2,207
9%
$95,350
-14%
2017
$2,019
5%
$111,390
9%
2016
$1,917
12%
$101,830
42%
2015
$1,716
10%
$71,650
10%
2014
$1,559
3%
$65,140
10%
2013
$1,519
—
$59,220
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1316 NW 3rd St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Charles Rutenberg Realty FTL

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1316 NW 3rd St, Fort Lauderdale, FL 33311 (MLS# A11858426) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 1316 NW 3rd St is currently listed for $5,200,000 and was received on August 13, 2025. Want to learn more about 1316 NW 3rd St? Do you have questions about finding other Multi-Family real estate for sale in Fort Lauderdale? You can browse all Fort Lauderdale real estate or contact a Coldwell Banker agent to request more information.

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