$2,995,000
Active
$2,995,000
5430 39TH
Fort Lauderdale, FL 33312
4 bd4 ba3,520 sqft
Shady Ridge Estates
$2,600,000Active
1301 NE 16TH Terrace 1-9, Fort Lauderdale, FL 33304
Fort Lauderdale, FL 33304
0
Sq Ft
1949
Year Built
0.26 acres
Lot Size
Listing Snapshot
| List Price | $2,600,000 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 0.26 acres |
| Year Built | 1949 |
| Property Tax | $36,775.72/yr |
| MLS # | 1177136693 |
| Status | Active |
About This Home
Positioned in one of Fort Lauderdale's fastest-growing neighborhoods, 1301-1305 NE 16th Terrace presents an outstanding opportunity to acquire a well-located 9-unit multifamily property surrounded by significant new development and ongoing neighborhood revitalization. The property offers a desirable unit mix consisting of: 1- 2BD 1BA, 1- 2BD BA, 7- 1BD 1BA residences. Its prime location places residents just minutes from Fort Lauderdale Beach, Downtown Fort Lauderdale, Las Olas Boulevard, and Wilton Manors, while providing quick access to I-95, US-1, shopping, dining, entertainment, and major employment centers. This highly connected location continues to attract strong rental demand from professionals, seasonal residents, and those seeking the South Florida lifestyle. The surrounding area is experiencing substantial investment, with numerous luxury residential and mixed-use developments transforming the neighborhood and supporting long-term appreciation potential. Investors will benefit from owning an income-producing asset in a market where continued redevelopment and limited housing supply continue to drive demand. Whether you're looking to expand your multifamily portfolio, execute a value-add strategy, or secure a long-term hold in one of South Florida's most dynamic growth corridors, 1301-1305 NE 16th Terrace offers an exceptional combination of location, unit mix, and future upside. Don't miss the opportunity to invest in a property positioned at the center of Fort Lauderdale's continued growth and redevelopment.
General Features
- Property Type
- CommercialSale
- Sub-type
- MultiFamily
- Stories
- 1
- Parking Spaces
- 9
- Parking
- Assigned,OnStreet
- Zoning
- RC-15
- Security
- FireAlarm,SmokeDetectors
- Utilities
- CableAvailable,ElectricityAvailable,SewerAvailable,WaterAvailable
Interior Features
- Flooring
- Tile
- Heating
- Central
- Cooling
- CentralAir,CeilingFans
Exterior Features
- Construction
- Block
- Roof
- Shingle
- Lot Features
- CityLot,None,QuarterToHalfAcreLot,SprinklersAutomatic
- Fencing
- Fenced,Full
Community Features
- MLS Area
- 3380
Map
Virtual Tour
View Virtual TourListed by Marc Coriaty · One Sotheby's International Realty
MLS# 1177136693 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
MLS# 1177136693 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
Interested in this home?
Schedule a showing or ask a question — buyer representation is free.
Estimate Your Payment
$
20% down · Loan: $2,080,000
%
Est. Monthly$17,254
Principal & Interest$14,189
Property Tax$3,065
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.
Similar Homes
More homes in Fort Lauderdale
$2,600,000
Active
$2,600,000
421 11th
Fort Lauderdale, FL 33315
4 bd4 ba3,430 sqft
Tarpon River
$2,295,000
Active
$2,295,000
1343 Ponce De Leon
Fort Lauderdale, FL 33316
5 bd4 ba3,083 sqft
Rio Vista Isles
$2,695,000
Active
$2,695,000
41 Isle Of Venice #402
Fort Lauderdale, FL 33301
3 bd3 ba2,531 sqft
Aquamar Las Olas
$2,730,000
Active
$2,730,000
534 Hendricks #301
Fort Lauderdale, FL 33301
3 bd3 ba1,760 sqft
View Pointe
$2,400,000
Active
$2,400,000
2920 55th
Fort Lauderdale, FL 33308
3 bd3.5 ba2,825 sqft
Landings First Sec