8-Unit Apartment
For Sale
$2,450,000
1-8-806 Ne 16th Place, Fort Lauderdale, FL 33305
Spacious apartments offer terrazzo flooring, impact windows, and shared laundry facilities near Wilton Drive.
Property SizeContact for details
Days on Market106
Property Features for 1-8-806 Ne 16th Place
General Information
Standard status
Active
Units
Unit Mix
8 x 2BR/1BA
Multifamily Units
8
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$25,362
Amenities
common laundry area
Listing Agency:
Gibson Real Estate Services
(954) 909-0195
Listed By:
Rosy A Baron · License #3419520
(954) 909-0195
Source:
Exprealty
Added: May 20
Changed: Aug 30
Last Checked: Aug 31 at 6:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gibson Real Estate Services
Investment Insights
Based on property information with market context.
This Fort Lauderdale multifamily property contains 8 apartments, each configured with 2 bedrooms and 1 bathroom. Interior features include large bedrooms, terrazzo flooring, and impact windows. A shared laundry area serves the property and generates additional income.
The property sits near Wilton Manors and Wilton Drive, with the beach, shopping, dining, and major highways located a few miles away. Existing leases exclude water from the tenant charges. The current operating concept supports a mix of furnished short-term rentals and annual leases, providing flexibility in how the apartments are managed.
The property sits near Wilton Manors and Wilton Drive, with the beach, shopping, dining, and major highways located a few miles away. Existing leases exclude water from the tenant charges. The current operating concept supports a mix of furnished short-term rentals and annual leases, providing flexibility in how the apartments are managed.
Key Highlights
- 8 apartments with 2 bedrooms and 1 bathroom per unit
- Terrazzo flooring, impact windows, and large bedrooms
- Common laundry area generates additional income
Property Analytics
Current Use
Lease Details
8
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,539
Businesses Nearby
Explore this area
Business Placement
Demographics for 33305, FL
12,044
Population
8,285
Households
1.5
Avg Household Size
52
Median Age
54%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
5,475
Density / Sq Mi
$89,944
Median Household Income
$60,924
Median Earnings
$1,850
Median Rent
$558,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Spacious apartments offer terrazzo flooring, impact windows, and shared laundry facilities near Wilton Drive.
Where is this apartment building located?
The property is located at 1-8-806 Ne 16th Place Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: 8 apartments with 2 bedrooms and 1 bathroom per unit; Terrazzo flooring, impact windows, and large bedrooms; Common laundry area generates additional income
