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1129 NE 16th Avenue Fort Lauderdale, FL 33304

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For Sale
Under Contract
$1,249,900

MULTI_FAMILY - Fort Lauderdale, FL

Property size:
3,022 SF
Lot size:
0.16 Acres
Added:
Jul 28, 2025
Days on Market:
266
Last Refresh:
Apr 19 at 2:06 am

Property Features for 1129 NE 16th Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RC-15
Parking
6
Standard status
Active Under Contract
APN
494234043360
Size
3,022 SF
Lot size
0.16 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
PROGRESSO 2-18 D LOT 5 BLK 156
Tax Annual Amount
23250

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1964
Floors in Building
1
Number of units
5
Flooring type
Tile
Building materials
Block

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Listing Contact
Antonio Vurro
Antonio Vurro

Listing agent Antonio Vurro License #404367

Listing office RE/MAX Select Group 10175 W Sunrise Blvd, Parkland, FL

Listing date Jul 28, 2025

MLS# F10517299

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.


Overview

Fort Lauderdale Multifamily Income Property

This multifamily property in Fort Lauderdale, Florida, is a legal five-unit building currently operating as a six-unit residential income property. The property features four one-bedroom, one-bathroom units, one efficiency unit, and one two-bedroom, one-bathroom unit. A separate laundry room provides an opportunity for additional income. Impact windows are installed throughout the building. The property is suitable for owner occupancy or use as an Airbnb. It is located close to the beach and downtown. Separate electrical meters are in place. The owner is responsible for water, sewer, and garbage expenses. The gross yearly income is currently $99,600, with a potential income of $117,600. The property benefits from long-term, stable tenants and a generous landlord. The property size is 3,022 square feet and the lot size is 0.16 acres. The zoning is RC-15.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Fort Lauderdale
County
Broward
State
Florida
Longitude
-80.128078
Latitude
26.140163

FAQs

What type of property is this?
Apartment building - Six-unit residential income property near beach and downtown Fort Lauderdale.
Where is this apartment building located?
The property is located at 1129 NE 16th Avenue Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,249,900.
What are key features of this property?
This property features: High income potential: Current gross yearly income of $99,600 with potential to reach $117,600.; Legal 5‑unit building operating as 6 units, maximizing rental income.; Suitable for owner‑occupancy or Airbnb, offering flexible usage options.
More about this property
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