Price Reduced 12.00%
Price History
$3,750,000
11/21/2025
$3,650,000
12/2/2025
$3,550,000
1/25/2026
$3,300,000
3/27/2026
105 NE 16th Terrace, Fort Lauderdale, FL, 33301
1953
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.
Status:
Active
Type:
Commercial
Units:
14
Zoning:
RC-15
Heating:
Central Individual
Cooling:
Central Individual
Parking:
Assigned, Guest
Acreage:
0.28
Est. Taxes:
$56,647
Construction
Concrete, CBS
Days on Market:
176
MLS #:
R11142640
Community Info
School Info
Walk Score
Yelp
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