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14-Unit Apartment Building
For Sale
$3,300,000

105 NE 16th Terrace, Fort Lauderdale, FL 33301

Commercial Sale, Fort Lauderdale, FL

Property SizeContact for details
Lot Size0.28 Acres
Days on Market277

Property Features for 105 NE 16th Terrace

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RC-15
Bathrooms 15
Full bathrooms 15
Rooms Bathroom 4, Bathroom 15, Bathroom 9, Bathroom 14, Bathroom 10, Bathroom 2, Bathroom 13, Bathroom 6, Bathroom 11, Bathroom 12, Bathroom 8, Bathroom 3, Bathroom 7, Bathroom 5, Bathroom 1
Parking features Assigned, Guest
Subdivision 3280
Standard status Active
APN 504202150770
Lot size 0.28 Acres

Taxes and HOA fees

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

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 CBS, Concrete
Listing Agency: Keller Williams Realty Services
Listed By: Stephen Molinari · License #3530706
Added: Nov 21, 2025 Changed: Aug 24 Last Checked: Aug 25 at 11:06AM
MLS# R11142640

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 14-unit apartment building occupies a 0.28-acre site at 105 NE 16th Terrace in Fort Lauderdale. Built in 1953, the property features CBS and concrete construction, tile flooring, central heating, and central air conditioning. Assigned and guest parking are provided on site.

The property is positioned in Victoria Park, with Las Olas Boulevard, Flagler Village, Fort Lauderdale beaches, dining, entertainment, and major employment areas identified as nearby destinations. The RC-15 zoning and existing apartment configuration support continued multifamily use, while the property information also identifies renovation or redevelopment concepts including townhomes and additional multifamily development.

Key Highlights

  • 14‑unit apartment building on a 0.28‑acre site
  • RC‑15 zoning in Victoria Park
  • Built in 1953 with CBS and concrete construction

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Butcher Barber Shop Clothing & Fashion Store Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units

Location Intelligence

Trade Area within ½ mile

2,566
Businesses Nearby

Demographics for 33301, FL

19,109
Population
13,955
Households
1.4
Avg Household Size
42
Median Age
62%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
7,644
Density / Sq Mi
$115,421
Median Household Income
$76,365
Median Earnings
$2,341
Median Rent
$751,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - RC-15-zoned multifamily property with central systems, tile flooring, and assigned and guest parking.
Where is this apartment building located?
The property is located at 105 NE 16th Terrace Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 14‑unit apartment building on a 0.28‑acre site; RC‑15 zoning in Victoria Park; Built in 1953 with CBS and concrete construction
More about this property
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