806 NE 16th Place

Highlights:

• Lot Features: City Location, Interior Lot, Sprinklers, Fenced
• Building Features: Laundry Facility, Laundry Facilities, Lawn Sprinklers
• Gross Income: 153000
• Number Of Buildings: 1
• Bathrooms Total: 0
• Documents Available: Equipment Inventory, Copies Of Lease(S)
• Cooling: Ceiling Fan(s), Wall/Window Unit(s)
• Heating: Window/Wall
• Electric: Other Electric
• Flooring: Terrazzo, Tile, Wood
• Construction Materials: Stucco
• Parking Features: Assigned, Limited # Of Vehicle
• Security Features: No Fire Protection, No Security
• Ownership: Limited Partnership

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.

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Listing ID: B26031058