105 Ne 16th Terrace, Fort Lauderdale, FL 33301

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List Price
$3,300,000
MLS#
R11142640
Status
ACTIVE
Type
Commercial

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.

Additional Information

Days on Market
333
Tax Amount
$56,647
Water Access
Building Only, Business And Building
Parcel Number
504202150770
Address
105 Ne 16th Terrace, Fort Lauderdale
Year Built
1953

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Listing Courtesy of Keller Williams Realty Service, Contact: