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.… Read More **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. Read Less
Courtesy of Keller Williams Realty Services 561-245-4000
Listing Snapshot
Days Online
161
Last Updated
Property Type
Multi Family
Lot Size
0.28 Acres
Year Built
1953
MLS Number
R11142640
30 Days Snapshot Of 33301
$1.24M
+52%
(avg) sold price
14
-51%
homes sold
145
+9%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1953, Building features: "Laundry Facilities", "Pool", Construction materials: "CBS", "Concrete", 14 total units
Cooling
"Central Individual"
Floors
"Tile"
Heating
"Central Individual"
Lot
0.28 acres
Parking
"Assigned", "Guest"
Property
Zoning: RC-15
Security Features
"Smoke Detector(s)"
Taxes
Annual amount: $56,647
Utilities
"Three Phase"
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