1301 NE 16th Terrace, Unit 1-9Fort Lauderdale, FL 33304MLS Number B26052973

  • Price: $2,600,000
  • 2 Days on Market
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Federal 30-year interest rate: 6.55% last updated on Jul 16, 2026
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1301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 333041301 NE 16th Terrace Fort Lauderdale FL 33304
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  • 0.26Acreage
  • 1949Year Built
Positioned in one of Fort Lauderdale's fastest-growing neighborhoods, 1301-1305 NE 16th Terrace presents an outstanding opportunity to acquire a well-located 9-unit multifamily property surrounded by significant new development and ongoing neighborhood revitalization. The property offers a desirable unit mix consisting of: 1- 2BD 1BA, 1- 2BD BA, 7- 1BD 1BA residences. Its prime location places residents just minutes from Fort Lauderdale Beach, Downtown Fort Lauderdale, Las Olas Boulevard, and Wilton Manors, while providing quick access to I-95, US-1, shopping, dining, entertainment, and major employment centers. This highly connected location continues to attract strong rental demand from professionals, seasonal residents, and those seeking the South Florida lifestyle. The surrounding area is experiencing substantial investment, with numerous luxury residential and mixed-use developments transforming the neighborhood and supporting long-term appreciation potential. Investors will benefit from owning an income-producing asset in a market where continued redevelopment and limited housing supply continue to drive demand. Whether you're looking to expand your multifamily portfolio, execute a value-add strategy, or secure a long-term hold in one of South Florida's most dynamic growth corridors, 1301-1305 NE 16th Terrace offers an exceptional combination of location, unit mix, and future upside. Don't miss the opportunity to invest in a property positioned at the center of Fort Lauderdale's continued growth and redevelopment.
Listing by One Sotheby's International Realty

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

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More Info

Basic Information

  • Tenant Pays Cable TV, Electricity
  • Unit Number1-9

Location

  • Address1301 NE 16th Terrace
  • Area3380
  • Building Number1301
  • CountyBroward
  • StateFL
  • StreetNE 16th Terrace
  • TownFort Lauderdale
  • Zip33304

Interior

  • Flooring Tile

Utilities

  • Electric Separate Meters
  • Heat SystemCentral
  • Heating YN Yes
  • Utilities Cable Available, Electricity Available, Sewer Available, Water Available
  • Waste Water DisposalPublic Sewer

Tax Information

  • Tax Year 2025
  • Taxes$36,775

Building

  • Building ConstructionBlock
  • Units9
  • Year Built1949

Property

  • Business TypeOther
  • Number Of Buildings 2

Exterior

  • Fencing Fenced, Full
  • RoofShingle

Amenities

  • Cooling Central Air, Ceiling Fan(s)
  • Cooling YN Yes
  • Security Features Fire Alarm, Smoke Detector(s)

Water Body

  • Water AccessPublic, Other

Other

  • Date Listed07/16/2026
  • Documents Available Aerial, Ground Photo
  • Possession Close Of Escrow
  • Special Listing Conditions Standard

Parking

  • Parking Features Assigned, On Street
  • Parking Total 9

Basic Information

  • List Price$2,600,000
  • MLS NumberB26052973
  • Modification Date07/16/2026
  • Property SubTypeMulti Family
  • Property TypeCommercial Sale
  • StatusACT
  • Virtual TourView Tour

Property Information

  • Acreage0.26
  • Lot Features City Lot, 1/4 to 1/2 Acre Lot, Sprinklers Automatic
  • Occupant Type Tenant
  • Property Condition Resale
  • Property Sub Type Additional Multi Family

Based on information submitted to BeachesMLS as of July 17, 2026 8:44 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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