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Off market
  • $783,600

    5 NE 16th Ct, Fort Lauderdale, FL 33311

    12beds
    2,829sqft
    MultiFamily
    Built in 1975
    -- sqft lot
    $783,600 Zestimate®
    $277/sqft
    $2,082 Estimated rent

    Home value

    $783,600

    $713,000 - $854,000

    $2,082/mo

    Zestimate® history
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    Owner options

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    $2,082/mo

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    $2,082/mo

    Rent Zestimate®

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    $5,455/mo

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    $5,455/mo

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    What's special

    EXCELLENT OPPORTUNITY FOR A LARGE LEGAL DUPLEX IN A GREAT AREA OF FORT LAUDERDALE CLOSE TO DOWNTOWN! INCREDIBLE MIX OF 2 6 BEDROOM 2 BATHROOM UNITS (YES, TOTAL OF 12 BEDROOMS), 100% LEASED WITH RENT SUBSIDIZED TENANTS (SEC 8). PROPERTY FEATURES SEPARATE WATER AND ELECTRIC METERS, CENTRAL A/C AND HAS GOOD APPROPRIATE PARKING. BOTH UNITS ARE 2-STORY, IN GOOD CONDITION AND CONSTRUCTION IS CBS. A UNIQUE OPPORTUNITY OF HAVING REAL CASH FLOW, SOMETHING MANY DUPLEX BUYERS MISS IN THE CURRENT MARKET. ALSO ANOTHER 8 UNITS AVAILABLE FROM THE SAME SELLER. PLEASE INQUIRE FOR FLOOR PLANS, 3D TOUR, AND ADDITIONAL FINANCIAL INFORMATION.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Tile, Laminate
    Interior area
    • Structure area source: Tax Rolls
    • Total interior livable area: 2,829 sqft

    Property

    Features
    • Exterior features: Stucco, Cement / Concrete
    • Fencing: Fenced
    Lot
    • Size: 5,937 Square Feet
    • Features: < 1/4 Acre
    Details
    • Parcel number: 494234190500
    • Zoning: RDS-15
    • Special conditions: Corporate Owned, Sold As-Is

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • concrete
    • Foundation: Other
    • Roof: Other
    Condition
    • Resale
    • Year built: 1975

    Utilities & green energy

    • Electric: Electric Meter
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s), Smoke Detector
    Location
    • Region: Fort Lauderdale

    Financial & listing details

    • Price per square foot: $277/sqft
    • Tax assessed value: $725,060
    • Annual tax amount: $13,854
    • Tenant pays: Cable TV, Electricity, Sewer, Water

    Price history

    DateEventPrice
    11/16/2021Sold$610,000-6.2%$216/sqft
    Source: Public Record Report a problem
    5/31/2021Listing removed--
    Source: The Keyes Company/Realtors Report a problem
    12/4/2020Listed for sale$650,000+14.2%$230/sqft
    Source: The Keyes Company #RX-10675768 Report a problem
    8/2/2020Listing removed$569,000$201/sqft
    Source: RE/MAX Prestige Realty #RX-10614343 Report a problem
    6/25/2020Price change$569,000-5%$201/sqft
    Source: RE/MAX Prestige Realty #RX-10614343 Report a problem
    4/4/2020Listed for sale$599,000+41.3%$212/sqft
    Source: RE/MAX Prestige Realty #RX-10614343 Report a problem
    11/2/2016Sold$424,000+303.8%$150/sqft
    Source: Public Record Report a problem
    9/7/1995Sold$105,000+32.9%$37/sqft
    Source: Public Record Report a problem
    3/7/1994Sold$79,000$28/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,854 +15.2%$637,120 +10%
    2024$12,027 +4%$579,200 +5.3%
    2023$11,570 +2.2%$549,790
    2022$11,326 +24.9%$549,790 +28.3%
    2021$9,071 -14.1%$428,630 +5.8%
    2020$10,560 +7.8%$405,280 +10%
    2019$9,795 $368,440 +5.3%
    2018$9,795 +46.4%$349,870 +14.9%
    2017$6,688 +9%$304,500 +105.1%
    2016$6,138 +53.7%$148,470 +10%
    2015$3,994 +19.6%$134,980 +10%
    2014$3,338 $122,710 -1%
    2013$3,338 +44.2%$123,940 +22.2%
    2012$2,314 +3.8%$101,420 +4%
    2011$2,229 -22.7%$97,520 -23.4%
    2010$2,883 -40.9%$127,330 -45.1%
    2009$4,878 -21.2%$232,020 -22.7%
    2008$6,189 -4%$300,130 -4.9%
    2007$6,446 -4.7%$315,660 +5.5%
    2006$6,767 $299,160 +36.2%
    2005-- $219,610 +16.4%
    2004$4,847 +9.9%$188,630 +7.5%
    2003$4,412 +10.5%$175,440 +12.5%
    2002$3,994 +104.6%$155,990 +56.4%
    2001$1,952 +3.2%$99,730
    2000$1,891 --
    Find assessor info on the county website

    Neighborhood: South Middle River

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $783,600
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    Estimated market value
    $783,600