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    824 NE 16Th St Fort Lauderdale, FL 33304

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    For Sale
    $930,000

    Five-unit apartment building in Wilton Manors area with recent upgrades.

    Lot size:
    0.22 Acres

    Property Features for 824 NE 16Th St

    General Information

    Lot size
    0.22 Acres

    Building Details

    Year built
    1970

    Source: Florida Dominion Inc Agent Donald Ray Karney

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Five-Unit Apartment Building For Sale

    This is a five-unit apartment building for sale in the Wilton Manors area, situated on a corner lot off Dixie Highway. The building comprises four 1-bedroom, 1-bathroom units and one 2-bedroom, 2-bathroom unit. A new roof was installed in August 2024, and the exterior was painted in September 2024. Recent repairs were made to the parking lot in September 2024. The property includes a coin-operated laundry facility onsite.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1348839
    Latitude
    26.1473589

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    FAQs

    What type of property is this?
    Apartment building - Five-unit apartment building in Wilton Manors area with recent upgrades.
    Where is this apartment building located?
    The property is located at 824 NE 16Th St Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $930,000.
    What are key features of this property?
    This property features: - Brand new roof installed in August 2024; - Five unit apartment building featuring four 1/1 units and one 2/2 unit; - Corner lot located off Dixie Highway in the Wilton Manors area
    (561) 444-8422
    Request Owner's contact information
    824 NE 16Th St Fort Lauderdale, FL 33304
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    824 NE 16Th St Fort Lauderdale, FL 33304
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