806 NE 16th Place, #1-8, Fort Lauderdale, FL
1970
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.
Status:
Active
Type:
Commercial
Units:
8
Zoning:
RDS-15
Complex:
806
Heating:
Window/Wall
Cooling:
Ceiling Fan(s), Wall/Window Unit(s)
Levels:
2
Parking:
Assigned
Acreage:
0.25
Est. Taxes:
$25,363
Assessment
$1,135,550
Construction
Stucco, Concrete Block - With Stucco
Utilities
Electricity Available, Other, Sewer Connected, Water Connected
Lot Description:
Interior Lot
Days on Market:
9
Owner Pays:
Electricity, Other, Water
MLS #:
B26031058
Community Info
School Info
Walk Score
Yelp
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