Property 105 NE 16th Terrace, Fort Lauderdale, FL 33301 for sale with MLS# R11142640
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.
105 NE 16th Terrace, Fort Lauderdale, FL 33301
- Price:
- $3,300,000.00
- Original List Price:
- $3,750,000.00
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- March 28, 2026 12:13 am
- Bathrooms Total:
- 15
- Building Area Source:
- Public Records
- Lot Size Acres:
- 0.28
- Security:
- Smoke Detector(s)
- Air Conditioning
- Air Conditioning System:
- Central Individual
- Heating
- Heating System:
- Central Individual
- Building:
- Laundry Facilities, Pool
- Year Built:
- 1953
- Roof:
- Other
- Number of Units Total:
- 14
- Construction Materials:
- Concrete, CBS
- Flooring:
- Tile
- Stories:
- 2
- Property Condition:
- Resale
- Tax Annual Amount:
- $56,647.00
- Tax Year:
- 2025
- Parking Features:
- Assigned, Guest
- Electric:
- Three Phase
- Senior Community:
- No
- Documents Available:
- Rent Rolls, Photos, Existing Survey, Investment Analysis
- Listing Terms Considered by Seller:
- Cash, Assumable (The financing currently in place may be assumed), Owner Will Carry Points, 1031 Exchange
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- VICTORIA PARK CORR AMEN PLAT 10-66 B LOT 14,15 BLK 5
- Real Estate Folio Number (Parcel Number):
- 504202150770
- Zoning:
- RC-15
- Active on the market since:
- November 21, 2025
- Listing Agreement executed on:
- November 21, 2025
- Price change occurred on:
- March 28, 2026 12:13 am
- Listing Status Last Changed On:
- November 21, 2025 6:10 pm
- Photos updated on:
- November 21, 2025 6:34 pm
- Last Modified:
- August 5, 2026 4:10 pm
- Courtesy of:
- Keller Williams Realty Services
- Attribution:
- Not provided
- Street Name:
- 16th
- Street Number:
- 105
- City:
- Fort Lauderdale
- State:
- Florida
- Zip Code:
- 33301
- County:
- Broward
- Latitude:
- N26° 7' 25.3''
- Longitude:
- W81° 52' 22.8''
- Street Suffix:
- Terrace
- Street Direction Prefix:
- NE
Want to schedule an in-person or virtual tour? Have questions?
Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 105 NE 16th Terrace, Fort Lauderdale, FL 33301
