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Nine-Unit Multifamily Property
For Sale
$2,600,000

1-9-1301 Ne 16th Ter, Fort Lauderdale, FL 33301

For sale 9-unit multifamily with a mix of one- and two-bedroom residences.

Property SizeContact for details
Days on Market26

Property Features for 1-9-1301 Ne 16th Ter

General Information

Standard status Active

Additional Details

Highway Access Yes
Multifamily Units 9

Taxes and HOA fees

Annual Taxes $36,775
Listing Agency: One Sotheby's International Realty
Listed By: Marc L Coriaty
Source: Exprealty
Added: Jul 16 Changed: Aug 8 Last Checked: Aug 10 at 8:07AM

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 One Sotheby's International Realty

Investment Insights

Based on property information with market context.

For sale: a 9-unit multifamily property offered at 1301–1305 NE 16th Terrace. The unit mix consists of one 2-bedroom, one-bath unit; one 2-bedroom, two-bath unit; and seven 1-bedroom, one-bath residences, providing a predominantly 1-bedroom rental lineup.

The property is positioned in Fort Lauderdale and described as being near major local destinations and convenient corridors, with quick access to I-95 and US-1 as well as nearby shopping, dining, entertainment, and major employment centers. It is also described as being minutes from Fort Lauderdale Beach, Downtown Fort Lauderdale, Las Olas Boulevard, and Wilton Manors.

This offering presents an income-producing multifamily configuration with a clear, established unit mix across all nine units.

Key Highlights

  • 9‑unit multifamily property for sale with a 1- and 2‑bedroom unit mix
  • Unit mix includes seven 1BD/1BA residences
  • Additional units include 2BD/1BA and 2BD/1BA‑style layouts (1 unit listed for each 2BD/1BA and 2BD/BA category)

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

9
Residential units
Yes
Highway access

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
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Frequently Asked Questions

What type of property is this?
Apartment building - For sale 9-unit multifamily with a mix of one- and two-bedroom residences.
Where is this apartment building located?
The property is located at 1-9-1301 Ne 16th Ter Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 9‑unit multifamily property for sale with a 1- and 2‑bedroom unit mix; Unit mix includes seven 1BD/1BA residences; Additional units include 2BD/1BA and 2BD/1BA‑style layouts (1 unit listed for each 2BD/1BA and 2BD/BA category)
More about this property
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