Discover an exceptional multifamily investment opportunity in the heart of Victoria Park, one of Fort Lauderdale's most sought after and rapidly growing neighborhoods.


Property

Website:https://www.nestseekers.com/5245958
Address:
Fort Lauderdale, FL 33301
Ownership: For Sale
Type: Multi-Family
Bathrooms: 15
Lot Size: 0.3 Acres

Financials

Price:$3,300,000
Annual Taxes:$56,647

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.

Amenities

  • Laundry Facilities
  • Pool
  • Smoke Detectors

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Keller Williams Realty Services

Fort Lauderdale FL 33301 USA