FL Real Estate & Homes • (561) 835-5400Mortgage • Title • List & Sell for 1% • Get Home Value
$2,450,000Active
806 NE 16th Place 1-8, Fort Lauderdale, FL
Fort Lauderdale, FL
0
Sq Ft
1970
Year Built
0.25 acres
Lot Size

Listing Snapshot

List Price$2,450,000
Beds0
Baths0
Living Area0 sqft
Lot Size0.25 acres
Year Built1970
Property Tax$25,362.83/yr
HOA / Condo Fee$0
MLS #1169120857
StatusActive

About This Home

Exceptional prime investment opportunity in a highly desirable Fort Lauderdale location just steps from Wilton Manors and vibrant Wilton Drive. This well-maintained 8-unit multifamily property features spacious 2-bedroom, 1-bath units with large bedrooms, terrazzo floors, impact windows, and more. The property enjoys strong year-round occupancy and includes a common laundry area that generates additional income. Current leases do not include water, offering a new owner the opportunity to further increase revenue potential. Ideal for investors seeking flexibility, this property presents the opportunity to operate as a combination of short-term furnished rentals and long-term annual leases. Conveniently located just a few miles from the beach, shopping, dining, and major highways.

General Features

Property Type
CommercialSale
Sub-type
MultiFamily
Stories
2
Parking Spaces
9
Parking
Assigned
Zoning
RDS-15
Security
GatedCommunity,None
Utilities
ElectricityAvailable,Other,SewerConnected,WaterConnected

Interior Features

Flooring
Terrazzo,Tile,Wood
Heating
WallFurnace
Cooling
CeilingFans,WallWindowUnits

Exterior Features

Construction
Stucco
Roof
Flat,Tile
Lot Features
CityLot,InteriorLot,SprinklerSystem
Fencing
BackYard,Fenced,Gate,Privacy,Wood

Community Features

Community Features
LaundryFacilities
Association Dues
$0
MLS Area
3370

Map

Virtual Tour

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Listed by Rosy Baron · Gibson Real Estate Services
MLS# 1169120857 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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Estimate Your Payment

$

20% down · Loan: $1,960,000

%
Est. Monthly$15,484
Principal & Interest$13,371
Property Tax$2,114

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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