424 NE 16th Avenue, Fort Lauderdale, FL, 33301

Phenomenal Multi-Family property consists of a Charming Victoria Park House PLUS THREE ADDITIONAL separate rental cottages. Located in a prime location in the Southeast corner of Victoria Park, close to Las Olas Blvd and Fort Lauderdale Beach. This Spacious 8750 sq ft lot includes a lovely 3/2 Main House [now being used as a 2/1 & efficiency] with original hardwood floors, updated kitchen and bathrooms and a fenced in backyard. In addition, there is a detached Studio and a Duplex that includes two 1bedroom /1bath apartments. This income property currently generates over $115, 000 in gross annual revenue, potential to generate over $165, 000 per year yielding above a 10 Cap. All units are currently short term and can be converted into furnished rentals for increased revenue.