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Dennis Lue Yat

dennis@luxeiq.com +1(561) 589-1400

$3,300,000

Est. payment - /mo

15 Baths

0.28 Acres Lot

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID R11142640

Construction Status Resale

HOA Y/N No

Year Built 1953

Annual Tax Amount $56,647

Tax Year 2025

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Multi Family

Property Description

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.

Location

State FL

County Broward

Community Laundry Facilities, Pool

Area 3280

Zoning RC-15

Interior

Interior Features InteriorFeatures

Heating Central, Individual

Cooling Central Air

Flooring Tile

Fireplace No

Exterior

Parking Features Assigned, Guest

Pool Community

Community Features Laundry Facilities, Pool

Roof Type Other

Building

Lot Description 1/4 to 1/2 Acre Lot

Entry Level Two

Level or Stories Two

Structure Type Block,Concrete

New Construction No

Construction Status Resale

Others

Tax ID 504202150770

Security Features Smoke Detector(s)

Acceptable Financing Assumable, Cash, 1031 Exchange, Owner Will Carry

Listing Terms Assumable, Cash, 1031 Exchange, Owner Will Carry

Virtual Tour https://www.propertypanorama.com/105-NE-16th-Terrace-Fort-Lauderdale-FL-33301--RX-11142640/unbranded

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Listed by Stephen Molinari Keller Williams Realty Services

Nearby School & Business

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Dennis Lue Yat

+1(561) 589-1400

Broker | REALTOR® | SL3301099

Broker | REALTOR® SL3301099

Popular Cities & Towns In Palm Beach County

105 NE 16th TER Fort Lauderdale, FL 33301

Dennis Lue Yat

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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