806

806 NE 16th Place, Unit 1-8Fort Lauderdale FLMLS Number B26031058

  • Price: $2,450,000
  • 47 Days on Market
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Federal 30-year interest rate: 6.43% last updated on Jul 2, 2026
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806 NE 16th Place Fort Lauderdale FL806 NE 16th Place Fort Lauderdale FL806 NE 16th Place Fort Lauderdale FL806 NE 16th Place Fort Lauderdale FL806 NE 16th Place Fort Lauderdale FL806 NE 16th Place Fort Lauderdale FL806 NE 16th Place Fort Lauderdale FL806 NE 16th Place Fort Lauderdale FL806 NE 16th Place Fort Lauderdale FL806 NE 16th Place Fort Lauderdale FL806 NE 16th Place Fort Lauderdale FL806 NE 16th Place Fort Lauderdale FL806 NE 16th Place Fort Lauderdale FL806 NE 16th Place Fort Lauderdale FL806 NE 16th Place Fort Lauderdale FL806 NE 16th Place Fort Lauderdale FL806 NE 16th Place Fort Lauderdale FL806 NE 16th Place Fort Lauderdale FL806 NE 16th Place Fort Lauderdale FL806 NE 16th Place Fort Lauderdale FL806 NE 16th Place Fort Lauderdale FL
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  • 0.25Acreage
  • 1970Year Built
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.
Listing by Gibson Real Estate Services

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Ocean Estate Properties

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Ocean Estate Properties
Office: 561-504-9226
500 NE Spanish River Boulevard
Suite 104
Boca Raton, FL 33431

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Basic Information

  • Gross Income $153,000
  • Tenant Pays Electricity, Other, Water
  • Unit Number1-8

Location

  • Address806 NE 16th Place
  • Area3370
  • Building Number806
  • CountyBroward
  • StateFL
  • StreetNE 16th Place
  • TownFort Lauderdale

Interior

  • Flooring Terrazzo, Tile, Wood

Utilities

  • Electric Other
  • Heat SystemWall Furnace
  • Heating YN Yes
  • Utilities Electricity Available, Other, Sewer Connected, Water Connected
  • Waste Water DisposalPublic Sewer

Water Body

  • Water AccessPublic

Tax Information

  • Tax Legal Description LAUDERDALE PARK 6-33 1/2 B LOT 7, 8 BLK 6
  • Tax Year 2025
  • Taxes$25,362

Building

  • Building ConstructionStucco
  • Building Features Other
  • Stories2
  • Units8
  • Year Built1970

Property

  • Business TypeRental
  • Number Of Buildings 1
  • Property Name806

Property Information

  • Acreage0.25
  • Lot Features City Lot, Interior Lot, Sprinkler System
  • Occupant Type Tenant
  • Property Condition Resale
  • Property Sub Type Additional Multi Family

Legal

  • Disclosures Owner Is Listing Agent
  • Parcel Number 494235040770
  • Universal Parcel Id urn:reso:upi:2.0:US:12011:494235040770

Parking

  • Parking Features Assigned
  • Parking Total 9

Basic Information

  • List Price$2,450,000
  • MLS NumberB26031058
  • Modification Date05/20/2026
  • Property SubTypeMulti Family
  • Property TypeCommercial Sale
  • StatusACT
  • Virtual TourView Tour

Exterior

  • Fencing Back Yard, Fenced, Gate, Privacy, Wood
  • RoofFlat, Tile

Amenities

  • Community Features Laundry Facilities
  • Cooling Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling YN Yes
  • Security Features Gated Community

Other

  • Date Listed05/20/2026
  • Documents Available Ground Photo, Inventory, Lease, Rent Rolls
  • Possession Close Of Escrow
  • Special Listing Conditions Standard, Listed As-Is

Based on information submitted to BeachesMLS as of July 5, 2026 10:47 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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