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.
| MLS # | R11142640 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1953 |
| Days On Site | 273 |
| Listing Provided By | Keller Williams Realty Services | Stephen Molinari |
| Bath(s) | 15 |
|---|---|
| Pool | Yes |
| Story(s) | 2 |
| Units | 14 |
| Zoning | RC-15 |
| Acreage | 0.28 |
| Lot Features | Quarter To Half Acre Lot |
|---|
| Parking Features | Assigned, Guest |
|---|
| Tax Annual Amount | 56647 |
|---|
| Community Features | Laundry Facilities, Pool |
|---|
| State | FL |
|---|---|
| County | Broward |
| City | Fort Lauderdale |
| Zip Code | 33301 |
| Area | 3280 |
| Listing VS Median (in 33301) | |
Price: $3,300,000 low | high Med: $445,000 On site: 273 low | high Med: 27 | |
| State | FL |
|---|---|
| County | Broward |
| City | Fort Lauderdale |
| Zip Code | 33301 |
| Area | 3280 |
| Listing VS Median (in 33301) | |
Price: $3,300,000 low | high Med: $445,000 On site: 273 low | high Med: 27 | |