105 NE 16th Terrace, Fort Lauderdale, FL 33301 (MLS# R11142640)

105 NE 16th Terrace, Fort Lauderdale, FL 33301

$3,300,000

Virtual Tour

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

Property Type: Commercial Sale Status: Active

Current Price: $3,300,000 List Date: 11/21/2025 Last Modified: 9/29/2026

Overview

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

Supplements: 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 ... (Read more)

Listing Details MLS# R11142640

General Property Information

Property Sub Type: Multi Family
Number Of Units Total: 14
Building Area Source: Public Records
Year Built: 1953
Lot Size Area: 12196.8
Lot Size Acres: 0.28
Stories: 2

Property Features

Building Features: Laundry Facilities; Pool Documents Available: Existing Survey; Investment Analysis; Rent Rolls Electric: Three Phase Flooring: Tile Heating: Central Individual Parking Features: Assigned; Guest Possession: Close Of Escrow Property Condition: Resale Sale Includes: Building; Fixtures; Furniture; Inventory; Land; Machinery Construction Materials: CBS; Concrete Cooling: Central Individual Listing Terms: 1031 Exchange; Assumable; Cash; Owner Will Carry Roof: Other Security Features: Smoke Detector(s) Showing Requirements: Text Listing Agent Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 3750000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 105
Street Direction Prefix: NE
Street Name: 16th
Street Suffix: Terrace
City Name: Fort Lauderdale
State Or Province: FL
Postal Code: 33301
Area: 3280
Geographic Area: FTSE - Ft Lauderdale SE (3280-3282;3600;3800)
Parcel Number: 504202150770
Zoning: RC-15
Property Description: Multi-Family

Financial Information

Tax Annual Amount: 56647
Tax Year: 2025
Tax Legal Description: VICTORIA PARK CORR AMEN PLAT 10-66 B LOT 14,15 BLK 5

Status Change Information

Major Change Timestamp: 2026-03-28T00:13:50Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-03-28T00:13:50Z
Status Change Date: 2025-11-21

More Information

Building and Property Details

# Of Toilets: 15
% Air Conditioned: 100
Maximum Ceiling Height: 10

Originating Details

Originating System Key: 20251121175719733513000000
Originating System ID: M00000170

Listing Office: Keller Williams Realty Service

Last Updated: September - 29 - 2026

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