806 NE 16th PL #1-8, Fort Lauderdale, FL
806 NE 16th PL #1-8, Fort Lauderdale, FL
806 NE 16th PL #1-8, Fort Lauderdale, FL
806 NE 16th PL #1-8, Fort Lauderdale, FL
806 NE 16th PL #1-8, Fort Lauderdale, FL
806 NE 16th PL #1-8, Fort Lauderdale, FL
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$ 2,450,000
Est. payment | /mo

6,606 SqFt


$ 2,450,000
Est. payment | /mo

6,606 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,606 sqft

Price per Sqft $370

MLS Listing ID B26031058

Construction Status Resale

HOA Y/N No

Year Built 1970

Annual Tax Amount $25,362

Tax Year 2025

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type Multi Family

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.

Location

State FL

County Broward

Community Laundry Facilities

Area 3370

Zoning RDS-15

Interior

Interior Features InteriorFeatures

Heating Wall Furnace

Cooling Ceiling Fan(s), Wall/Window Unit(s)

Flooring Terrazzo, Tile, Wood

Fireplace No

Exterior

Parking Features Assigned

Fence Back Yard, Fenced, Gate, Privacy, Wood

Community Features Laundry Facilities

Utilities Available Electricity Available, Other, Sewer Connected, Water Connected

Water Access Desc Public

Roof Type Flat,Tile

Street Surface Asphalt

Accessibility None

Road Frontage City Street

Total Parking Spaces 9

Building

Lot Description City Lot, Interior Lot, Sprinkler System

Building Description Stucco, Other

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Stucco

New Construction No

Construction Status Resale

Others

Restrictions Limited Number Vehicles

Tax ID 494235040770

Security Features Gated Community,None

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition Standard, Listed As-Is

Virtual Tour https://www.propertypanorama.com/806-NE-16th-Place-Unit-18-Fort-Lauderdale-FL/unbranded

BeachesMLS, Inc. (FLR) IDX
Listed by Rosy A Baron Gibson Real Estate Services

NEARBY SCHOOLS & PROPERTIES

Joe Desane

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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806 NE 16th PL #1-8