105 NE 16th TerraceFort Lauderdale, FL 33301MLS Number R11142640

  • Price: $3,300,000
  • 221 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Jun 25, 2026
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105 NE 16th Terrace Fort Lauderdale FL 33301105 NE 16th Terrace Fort Lauderdale FL 33301105 NE 16th Terrace Fort Lauderdale FL 33301105 NE 16th Terrace Fort Lauderdale FL 33301105 NE 16th Terrace Fort Lauderdale FL 33301105 NE 16th Terrace Fort Lauderdale FL 33301105 NE 16th Terrace Fort Lauderdale FL 33301105 NE 16th Terrace Fort Lauderdale FL 33301105 NE 16th Terrace Fort Lauderdale FL 33301105 NE 16th Terrace Fort Lauderdale FL 33301105 NE 16th Terrace Fort Lauderdale FL 33301105 NE 16th Terrace Fort Lauderdale FL 33301105 NE 16th Terrace Fort Lauderdale FL 33301105 NE 16th Terrace Fort Lauderdale FL 33301105 NE 16th Terrace Fort Lauderdale FL 33301105 NE 16th Terrace Fort Lauderdale FL 33301105 NE 16th Terrace Fort Lauderdale FL 33301105 NE 16th Terrace Fort Lauderdale FL 33301105 NE 16th Terrace Fort Lauderdale FL 33301105 NE 16th Terrace Fort Lauderdale FL 33301105 NE 16th Terrace Fort Lauderdale FL 33301
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  • 0.28Acreage
  • 15Bathrooms
  • 1953Year Built
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.
Listing by Keller Williams Realty Services

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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

Tax Information

  • Tax Year 2025
  • Taxes$56,647

Building

  • Building ConstructionBlock, Concrete
  • Stories2
  • Units14
  • Year Built1953

Interior

  • Flooring Tile

Utilities

  • Electric 3 Phase
  • Heat SystemCentral, Individual
  • Heating YN Yes

Parking

  • Parking Features Assigned, Guest

Location

  • Address105 NE 16th Terrace
  • Area3280
  • Building Number105
  • CountyBroward
  • StateFL
  • StreetNE 16th Terrace
  • TownFort Lauderdale
  • Zip33301

Exterior

  • RoofOther

Amenities

  • Community Features Laundry Facilities, Pool
  • Cooling Central Air
  • Cooling YN Yes
  • Other AmenitiesPool
  • Pool Features Community
  • Security Features Smoke Detector(s)

Rooms

  • Bathroom15

Basic Information

  • List Price$3,300,000
  • MLS NumberR11142640
  • Modification Date06/29/2026
  • Property SubTypeMulti Family
  • Property TypeCommercial Sale
  • StatusACT
  • Virtual TourView Tour

Property Information

  • Acreage0.28
  • Lot Features 1/4 to 1/2 Acre Lot
  • Property Condition Resale
  • Property Sub Type Additional Multi Family

Other

  • Date Listed11/21/2025
  • Documents Available Financials, Ground Photo, Rent Rolls, Survey
  • Possession Close Of Escrow
  • View Count2

Based on information submitted to BeachesMLS as of June 30, 2026 7:13 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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