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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 Market293

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 6, Bathroom 15, Bathroom 5, Bathroom 8, Bathroom 9, Bathroom 1, Bathroom 10, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 11, Bathroom 14, Bathroom 7, Bathroom 13, Bathroom 12
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 Service
Listed By: Stephen Molinari · License #3530706
Added: Nov 21, 2025 Changed: Sep 10 Last Checked: Sep 10 at 9:06PM
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.

Located at 105 NE 16th Terrace in Fort Lauderdale’s Victoria Park neighborhood, this 14-unit apartment building occupies a 0.28-acre site and carries RC-15 zoning. The property was built in 1953 and features CBS and concrete construction, tile flooring, central heating, and central air conditioning.

Parking includes both assigned and guest spaces. The property is near Las Olas Boulevard, Flagler Village, and Fort Lauderdale’s beaches, with dining and entertainment also identified in the surrounding area. It is offered as an apartment building for sale and may be acquired individually or together with 811 SE 16th St in Fort Lauderdale, located approximately 2 miles south in Harbordale.

Key Highlights

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

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - RC-15-zoned apartment property with 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; Built in 1953 with CBS and concrete construction
More about this property
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