105 NE 16th Terrace
105, 16th, Fort Lauderdale, FL, 33301Basics
- Category: CommercialSale
- Type: Multifamily
- Status: Active
- Bathrooms: 0
- Floors: 2
- Year built: 1953
- County: Broward
- MLS ID: R11142640
Description
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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: Tile
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
Ask our real estate expert about this property
This Multifamily-type commercial real estate is located in 105, 16th, Fort Lauderdale, FL, 33301 was built in 1953, and is listed at $3,300,000.