Buy a Single Family Home in Palm Beach, Florida

1,404

Purchase Price:

$895,000

Projected Rent:

$5,000

Property Leverage:

All-cash or financed LLC ownership available

2461 SW 16th Ct is a well-positioned 4-bedroom, 2-bath home in one of Fort Lauderdale’s most desirable neighborhoods, offering investors a rare combination of strong cash flow and long-term appreciation potential. The property features a private saltwater pool, modern finishes, and an upgraded kitchen, making it highly attractive to both long-term tenants and short-term vacation renters. Its prime location near Las Olas Boulevard, Fort Lauderdale Beach, and the international airport ensures consistent demand and premium rental rates. With Fort Lauderdale’s housing market historically appreciating at around 5% annually, this property provides investors with a compelling opportunity to capture steady income today while building meaningful equity growth over the investment horizon.

Amenities

Air conditioner

Cable TV

Dishwasher

Fire extinguisher

Elevator

Garden

Internet

Pool

Laundry

Security cameras

Iron

Gym

Kitchen

Grill

Refrigerator

Heater

Chimney

Sports field

Pet friendly

Smoking area

Microwave

Lockpad

Kids zone

Garage

The Market

Fort Lauderdale is one of South Florida’s strongest and most resilient rental markets, driven by year-round tourism, in-migration, and a diversified economy. The Croissant Park / Riverside area, where this property is located, benefits from close proximity to downtown, beaches, and the airport — three factors that ensure reliable rental demand across both long-term tenants and vacation renters. Over the past decade, single-family homes in Fort Lauderdale have appreciated at an average of ~5% annually, supported by limited housing supply and continued population growth. Investors in this market benefit from both consistent cash flow and long-term equity appreciation.

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For those looking to build or add to their portfolio without investing in individual rental properties, Vekser offers a curated portfolio of real estate properties, allowing you to own between 1 and 12 fractions of each. We take care of everything—maintenance, repairs, finances, and legal matters—so you can enjoy hassle-free ownership.

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Investment Strategy -

Hypothetical Returns

1. Annual Cash Flow

Projected Annual Rent:

$60,000

Estimated Annual Expenses:

$15,000

Net Operating Income (NOI)

$45,000 / year

Paid monthly from net rental income.

2. Annual Appreciation Returns

Annual Appreciation (Hypothetical):

$44,750 / year

Purchase Price:

$895,000

3-Year Equity Growth @ 5% (compounded):

$141,000

Paid monthly from net rental income.

Annual Appreciation (Narrative)

Based on long-term trends in the Fort Lauderdale housing market, single-family homes in this area have historically appreciated at ~5% annually. This reflects strong demand from both permanent residents and tourists, limited land availability, and South Florida’s consistent in-migration.

While past performance does not guarantee future results, the combination of high rental demand and steady property value growth makes this market especially appealing for investors. In addition to appreciation, equity returns will depend on reserves, leverage, and overall rental performance.

Offering Details

Property Purchase Price

$895,000

Property Improvements & Cash Reserves

$50,000

Closing, Offering & Holding Costs (2%)

$17,900

Sourcing Fee (One-time, 2%)

$980,800

Full Purchase Price:

$895,000

Ownership starts at

1/4 (25%)

1/4 Ownership Value

$223,750

Down Payment Example (30%)

$67,125

Asset Management Fee:

1.5% annually

Target Hold:

3 years

share percentage

Value

1/4 Ownership

$223,750

1/2 Ownership

$447,500

Full Ownership

$895,000

Accredited investors only*

Financing: Available via LLC structure (rates/terms subject to qualification)*

This offering is made pursuant to an exemption from registration under the U.S. Securities Act of 1933, Regulation D, Rule 506(c). Securities are being offered only to accredited investors who meet certain eligibility requirements.*

Buy a Single Family Home in Palm Beach, Florida

Amenities

The Market

Don't Know Which Property to Choose?

1. Annual Cash Flow

Projected Annual Rent:

$60,000

Estimated Annual Expenses:

$15,000

Net Operating Income (NOI)

$45,000 / year

Paid monthly from net rental income.

2. Annual Appreciation Returns

Annual Appreciation (Hypothetical):

$44,750 / year

Purchase Price:

$895,000

3-Year Equity Growth @ 5% (compounded):

$141,000

Paid monthly from net rental income.

Annual Appreciation (Narrative)

Offering Details

Property Purchase Price

$895,000

Property Improvements & Cash Reserves

$50,000

Closing, Offering & Holding Costs (2%)

$17,900

Sourcing Fee (One-time, 2%)

$980,800

Full Purchase Price:

$895,000

Ownership starts at

1/4 (25%)

1/4 Ownership Value

$223,750

Down Payment Example (30%)

$67,125

Asset Management Fee:

1.5% annually

Target Hold:

3 years

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