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About This Home

This 0-bedroom, 15-bathroom residential multi family at 105 NE 16th Terrace in Fort Lauderdale, FL is listed for $3,300,000. Built in 1953, on a 0.28 acres lot.

Agent 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.

Key Features

  • Built in 1953
  • 0.28 acre lot
  • 2 stories

Property Details

2 stories
15 full
1953

Amenities

A/C

Monthly Cost Estimate

$17,649/mo

20% down · 6.5% · 30 years

Principal$2,387
Interest$14,300
Insurance$963

Estimates only. Actual payments may vary.

Location

105 NE 16th Terrace

Fort Lauderdale, FL 33301

Property Details

Flooring

Tile

Construction

CBS Concrete

Parking

AssignedGuest

Heating

Central

Cooling

Central Air

Questions & Answers

This 0-bedroom, 15-bathroom residential multi family at 105 NE 16th Terrace is listed at $3,300,000. The estimated monthly payment is $14,300 based on 20% down at 6.5% interest.

Key features include: Built in 1953, 0.28 acre lot, 2 stories.

This property is listed by Stephen Molinari and can be reached at 5613056161 or Stephen@MolinariCommercial.com.

SM

Stephen Molinari

Agent at Keller Williams Realty Services

(561) 305-6161

Listed by Keller Williams Realty Services

MLS# R11142640· Source: listhub· Updated 192 days ago

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105 NE 16th Terrace, Fort Lauderdale, FL 33301

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