105 NE 16th Terrace

Highlights:

• Lot Features: 1/4 To Less Than 1/2 Acre Lot, Less Than 1 Acre
• Building Features: Laundry Facility, Laundry Facilities, Pool
• Bathrooms Total: 15
• Documents Available: Investment Analysis, Photos, Rent Rolls, Existing Survey
• Cooling: Central Individual A/C
• Heating: Central Individual A/C
• Electric: 3 Phase Electric
• Flooring: Tile
• Construction Materials: Concrete Block Construction, CBS Construction
• Parking Features: Assigned, Guest
• Security Features: Smoke Alarm, Smoke Detector(s), Smoke Detector

Description:

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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Listing ID: R11142640