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    105 NE 16Th Ter Fort Lauderdale, FL 33301

    For Sale
    $3,650,000

    Resident. Multi-Fam. - Fort Lauderdale, FL

    Lot size:
    0.28 Acres
    Days on Market:
    10
    Last Refresh:
    Dec 11 at 9:06 pm

    Property Features for 105 NE 16Th Ter

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RC-15
    APN
    504202150770
    Lot size
    0.28 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1953
    Floors in Building
    2
    Number of units
    14
    Flooring type
    Tile
    Building materials
    Concrete
    Roof type
    Other
    Architectural style
    Other

    Keller Williams Realty Services (561) 245-4000 [email protected]

    Listing agent Stephen Molinari (561) 245-4000

    Listing date Dec 2, 2025

    MLS# RX-11142640 Listing URL

    Copyright © 2025 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fort Lauderdale Multifamily Investment Opportunity

    This multifamily investment opportunity is located in Victoria Park, a rapidly growing neighborhood of Fort Lauderdale. The property, situated at 105 NE 16th Terrace, is a well-maintained 14-unit apartment building. The lot size is 0.28 acres. The property is zoned RC-15. It offers stable in-place income and long-term upside through value-add renovations or a complete redevelopment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Law Firm Realty agency Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.127007
    Latitude
    26.123707

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    FAQs

    What type of property is this?
    Apartment building - 14-unit apartment building in Victoria Park neighborhood.
    Where is this apartment building located?
    The property is located at 105 NE 16Th Ter Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $3,650,000.
    What are key features of this property?
    This property features: - Prime location in Victoria Park, Fort Lauderdale, a highly desirable and rapidly growing neighborhood.; - Multifamily property with 14 units, offering a substantial investment opportunity.; - Potential for value-add renovations to increase income.
    (561) 245-4000
    Request Owner's contact information
    105 NE 16Th Ter Fort Lauderdale, FL 33301
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    Fort Lauderdale, FL 33301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    105 NE 16Th Ter Fort Lauderdale, FL 33301
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