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.
- Heating System
- Cooling System
- Parking Features
- Roof:
- Other
- 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''
- 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
- Virtual Tour:
- Click Here
Commercial Sale For Sale
105 Ne 16th Terrace, Fort Lauderdale, Florida 3330, Fort Lauderdale, Florida 33301
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $3,300,000
- Year Built :
- 1953
- MLS # :
- R11142640
- Property Sub Type :
- Multi Family
