Multi Family for sale

$3,300,000

105 NE 16th TerraceFort Lauderdale, FL 33301

  • 15 Baths
  • 1953 Built

About this home

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.

Details

MLS #
R11142640
Property type
Multi Family
Status
Active
Days on market
335
County
Broward County
Property taxes
$56,647 (2025)
Waterfront
No
Private pool
No
Cooling
Central Individual A/C

Location

Estimated payment

$21,407/mo with 20% down at 6.5% for 30 years, including taxes, before insurance.

Adjust in the mortgage calculator

Listing courtesy of Keller Williams Realty Service · Stephen Molinari. Listing last updated October 22, 2026 4:46 PM.

REALTOR® and MLS logo

The multiple listing information is provided by the MIAMI Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 MIAMI Association of REALTORS®. All rights reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated October 26, 2026 8:39 PM.

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