Commercial Real Estate

CommercialSaleMultifamilyFLFort Lauderdale1-8, 806, 16th, Fort Lauderdale, FL, 33305

806 NE 16th Place 1-8

1-8, 806, 16th, Fort Lauderdale, FL, 33305
    $2,450,000
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    Basics

    Description

    • Description:

      LAUDERDALE PARK 6-33 1/2 B LOT 7,8 BLK 6 Exceptional prime investment opportunity in a highly desirable Fort Lauderdale location just steps from Wilton Manors and vibrant Wilton Drive. This well-maintained 8-unit multifamily property features spacious 2-bedroom, 1-bath units with large bedrooms, terrazzo floors, impact windows, and more. The property enjoys strong year-round occupancy and includes a common laundry area that generates additional income. Current leases do not include water, offering a new owner the opportunity to further increase revenue potential. Ideal for investors seeking flexibility, this property presents the opportunity to operate as a combination of short-term furnished rentals and long-term annual leases. Conveniently located just a few miles from the beach, shopping, dining, and major highways.

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    Location

    • Directions: SUNRISE BLVD, TO NE 4TH AVE GO NORTH, THEN ON NE 16TH STREET GO EAST, THEN LEFT ON NE 8TH AVE, THEN RIGHT ON NE 16TH PL. PROPERTY ON THE RIGHT.
    • Lot Size Acres: 0.25 acres

    Building Details

    • Building Name: 806
    • Water Source: Public
    • Lot Features: InteriorLot,SprinklerSystem
    • Sewer: PublicSewer
    • Construction Materials: Stucco
    • Covered Spaces: 0
    • Levels: Two
    • Number Of Buildings: 1
    • Floor covering: , , ,

    Amenities & Features

    • Parking Features: Assigned
    • Parking Total: 9
    • Roof: Flat,Tile
    • Utilities: ElectricityAvailable,Other,SewerAvailable,WaterAvailable
    • Cooling: CeilingFans,WallWindowUnits
    • Electric: Other
    • Exterior Features: Fence
    • Heating: WallFurnace

    Expenses, Fees & Taxes

    • Association Fee: 0
    • Tax Annual Amount: $25,362
    • Tax Year: 2025

    Miscellaneous

    • List Office Name: Gibson Real Estate Services
    • Listing Terms: Cash,Conventional
    • Community Features: LaundryFacilities

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    This -type commercial real estate is located in 1-8, 806, 16th, Fort Lauderdale, FL, 33305 was built in 1970, and is listed at $2,450,000.

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