901 NE 16th AvenueFort Lauderdale, FL 33304MLS Number B26099709

  • Price: $3,950,000
  • 1 Day on Market
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Federal 30-year interest rate: 7.11% last updated on Nov 12, 2026
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901 NE 16th Avenue Fort Lauderdale FL 33304901 NE 16th Avenue Fort Lauderdale FL 33304901 NE 16th Avenue Fort Lauderdale FL 33304901 NE 16th Avenue Fort Lauderdale FL 33304
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  • 0.31Acreage
  • 1968Year Built
PRIME VICTORIA PARK INVESTMENT OPPORTUNITY! 18-unit multifamily property with pool in desirable Fort Lauderdale location. Offered at $3,950,000 ($219,444/unit). Unit mix: 7 studios, 10 one-bedroom and 1 two-bedroom apartments. Features a landscaped courtyard, swimming pool and two-story building. Minutes from Las Olas Blvd, Downtown, Holiday Park and beaches. Monthly rent roll of $29,095 ($349,140 annually). Seller-reported NOI of approximately $217,494, indicating a 5.5% cap rate. Excellent income-producing investment opportunity.
Listing by Inbal Ruiz

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Ocean Estate Properties
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Boca Raton, FL 33431

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Tax Information

  • Tax Legal Description PROGRESSO 2-18 D LOT 11, 12 BLK 227
  • Tax Year 2026
  • Taxes$63,998

Building

  • Building ConstructionCBS (Concrete Block Structure), Block
  • Structure Type Warehouse
  • Units18
  • Year Built1968

Property

  • Number Of Buildings 1

Property Information

  • Acreage0.31
  • Lot Features 1/4 to 1/2 Acre Lot
  • Occupant Type Tenant
  • Property Sub Type Additional Multi Family

Legal

  • Parcel Number 494234058000
  • Universal Parcel Id urn:reso:upi:2.0:US:12011:494234058000

Parking

  • Parking Features Assigned, On Street
  • Parking Total 18

Location

  • Address901 NE 16th Avenue
  • Area3270
  • Building Number901
  • CountyBroward
  • StateFL
  • StreetNE 16th Avenue
  • TownFort Lauderdale
  • Zip33304

Exterior

  • RoofShingle

Amenities

  • Cooling Wall/Window Unit(s)
  • Cooling YN Yes
  • Security Features Other

Water Body

  • Water AccessPublic

Basic Information

  • List Price$3,950,000
  • MLS NumberB26099709
  • Modification Date11/12/2026
  • Property SubTypeMulti Family
  • Property TypeCommercial Sale
  • StatusACT
  • Virtual TourView Tour

Interior

  • Flooring Tile

Utilities

  • Electric 110 Volts,220 Volts
  • Heat SystemWall Furnace
  • Heating YN Yes
  • Utilities Cable Available, Electricity Available, Sewer Available, Water Available
  • Waste Water DisposalPublic Sewer

Other

  • Date Listed11/12/2026
  • Documents Available Deed, Financials, Lease, Rent Rolls, Survey
  • Possession Close Of Escrow
  • Special Listing Conditions Standard

Based on information submitted to BeachesMLS as of November 13, 2026 11:48 AM EST . 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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