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Multi Family

105 NE 16th Terrace, Fort Lauderdale FL 33301

$3,300,000
Tax: $56,647/yr
Bathrooms
15

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.

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Property Features

Multi Family Multi Family
Assumable, All Cash, Exchange, Owner Will Carry, Owner Hold 2nd Mortgage
Tile
Central Individual A/C
Central Individual A/C
Broward County 26.1237916, -80.1269992

More about this Property

Assigned Guest
Smoke Alarm Smoke Detector(s) Smoke Detector
Concrete Block Construction CBS Construction

Roof: Other Roof/Roof Structure, Other

1/4 To Less Than 1/2 Acre Lot Less Than 1 Acre

The Visual Story

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