Commercial Real Estate

CommercialSaleMultifamilyFLFort Lauderdale105, 16th, Fort Lauderdale, FL, 33301

105 NE 16th Terrace

105, 16th, Fort Lauderdale, FL, 33301
    $3,300,000
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    Basics

    Description

    • Description:

      VICTORIA PARK CORR AMEN PLAT 10-66 B LOT 14,15 BLK 5 Discover an exceptional multifamily investment opportunity in the heart of Victoria Park, one of Fort Lauderdale's most sought-after and rapidly growing neighborhoods. Located at 105 NE 16th Terrace, this well-maintained 14-unit apartment building offers both stable in-place income and significant long-term upside through value-add renovations or a complete redevelopment play. **Attractive Assumable Seller Financing Available Positioned just minutes from Las Olas Boulevard, Flagler Village, and Fort Lauderdale's world-class beaches, this property benefits from strong tenant demand, walkability, and proximity to dining, entertainment, and major employment hubs. This highly desirable location and site is ideally suited for a boutique townhome community, luxury multifamily development, or elevated repositioning strategy. Whether you're seeking stable cash flow, a premium location for redevelopment, or a long-term hold in a blue-chip neighborhood, this property presents an unparalleled opportunity in one of Fort Lauderdale's most prestigious submarkets. Can be sold individually or as part of a portfolio with 811 SE 16th St, Fort Lauderdale - which is located approximately 2 miles south in the Harbordale neighborhood.

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    Location

    • Lot Size Acres: 0.28 acres

    Building Details

    • Lot Features: LessThanOneAcre,QuarterToHalfAcreLot
    • Construction Materials: Block
    • Covered Spaces: 0
    • Levels: Two
    • Floor covering:

    Amenities & Features

    • Parking Features: Assigned,Guest
    • Security Features: SmokeDetectors
    • Roof: Other
    • Cooling: CentralAir
    • Electric: Phases3
    • Heating: Central

    Expenses, Fees & Taxes

    • Tax Annual Amount: $56,647
    • Tax Year: 2025

    Miscellaneous

    • List Office Name: Keller Williams Realty Services
    • Listing Terms: Assumable,Cash,Exchange1031,OwnerMayCarry,OwnerMayCarrySecond
    • Community Features: LaundryFacilities

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    This -type commercial real estate is located in 105, 16th, Fort Lauderdale, FL, 33301 was built in 1953, and is listed at $3,300,000.

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