Nest Seekers

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

105 16th Terrace
Fort Lauderdale, FL 33301

Listing

Web ID:5245958
Website:https://www.nestseekers.com/5245958

Property

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.
Virtual Tour: https://www.propertypanorama.com/105-NE-16th-Terrace-Fort-Lauderdale-FL-33301--RX-11142640/unbranded

Amenities

  • Laundry Facilities
  • Pool
  • Smoke Detectors

Location

105 16th Fort Lauderdale FL 33301 USA

Contact

Palm Beach, FL
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Phone: +1 561-725-9229
deborahg@nestseekers.com
Listing Courtesy of Keller Williams Realty Service
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