Property Description

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.

Features
Heating System
Cooling System
Parking Features
Roof:
Other
Address Map
State:
FL
County:
Broward
City:
Fort Lauderdale
Zipcode:
33301
Street:
105 Ne 16th Terrace, Fort Lauderdale, Florida 3330
Longitude:
W81° 52' 23.4''
Latitude:
N26° 7' 25''
MLS Addon
Construction Materials:
Block
Cumulative DOM:
267
DOM:
217
Electric
Flooring:
Tile
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
Parcel Number:
504202150770
Tax Annual Amount:
$56,647
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Commercial Sale For Sale

105 Ne 16th Terrace, Fort Lauderdale, Florida 3330, Fort Lauderdale, Florida 33301

$3,300,000
MLS # #R11142640
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$3,300,000
Year Built :
1953
MLS # :
R11142640
Property Sub Type :
Multi Family
Agent info
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