806 NE 16th PL #1-8, Fort Lauderdale, FL 33305
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806 NE 16th PL #1-8, Fort Lauderdale, FL 33305
806 NE 16th PL #1-8, Fort Lauderdale, FL 33305
806 NE 16th PL #1-8, Fort Lauderdale, FL 33305
806 NE 16th PL #1-8, Fort Lauderdale, FL 33305
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Alex Miranda

Alex Miranda

+1(305) 712-6522
$ 2,450,000
Est. payment /mo
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806 NE 16th PL #1-8 Fort Lauderdale, FL 33305

6,606 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,606 sqft

Price per Sqft $370

MLS Listing ID B26031058

HOA Y/N Yes

Year Built 1970

Annual Tax Amount $25,362

Tax Year 2025

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type Multi Family

Property 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.

Location

State FL

County Broward

Area 3370

Direction SUNRISE BLVD, TO NE 4TH AVE GO NORTH, THEN ON NE 16TH STREET GO EAST, THEN LEFT ON NE 8TH AVE, THEN RIGHT ON NE 16TH PL. PROPERTY ON THE RIGHT.

Interior

Heating Wall Furnace

Cooling Ceiling Fan(s), Wall/Window Unit(s)

Flooring Hardwood, Terrazzo, Tile, Wood

Exterior

Exterior Feature Fence

Community Features Laundry Facilities

Utilities Available Electricity Available, Other, Sewer Available, Water Available

Roof Type Flat,Tile

Total Parking Spaces 9

Private Pool Yes

Building

Lot Description Interior Lot, Sprinkler System

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Stucco

Others

HOA Fee Include Maintenance Grounds,Sewer,Water

Senior Community No

Restrictions Limited Number Vehicles,Zoning Restrictions

Tax ID 494235040770

Ownership Limited Partnership

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Virtual Tour https://www.propertypanorama.com/806-NE-16th-Place-Unit-18-Fort-Lauderdale-FL/unbranded

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Gibson Real Estate Services

NEARBY SCHOOLS & PROPERTIES

Alex Miranda

Alex Miranda

Licensed Realtor | COMP3203583

+1(305) 712-6522

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