806 Ne 16th Place Unit #1-8, Fort Lauderdale, FL 33305
- $2,450,000
- List Price
- $2,450,000
- MLS#
- B26031058
- Status
- ACTIVE
- Type
- Commercial
Property Description
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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Additional Information
- Days on Market
- 88
- Tax Amount
- $25,362
- Water Access
- Building Only, Business And Building
- Parcel Number
- 494235040770
- 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.
- Address
- 806 Ne 16th Place Unit #1-8, Fort Lauderdale
- Year Built
- 1970
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Listing Courtesy of Gibson Real Estate Services, Contact: