Six-Unit Apartment
For Sale
$2,500,000
749 NE 16th Ave, Fort Lauderdale, FL 33304
Well-maintained six-unit rental property with individual A/Cs and stainless steel appliances on an oversized corner lot.
Property Size3,970 SF
Lot Size0.22 Acres
Price / SF$629.72
Days on Market79
Property Features for 749 NE 16th Ave
General Information
Standard status
Active
Size
3,970 SF
Lot size
0.22 Acres
Additional Details
Business Included
Yes
Multifamily Units
6
Building Details
Year Built
1963
Tenancy
Multi
Listing Agency:
Flagler Duval
(305) 371-3592
Listed By:
George H Coloney · License #0696185
Source:
Mymiahomes
Added: Jun 12
Changed: Aug 23
Last Checked: Aug 29 at 12:19PM
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 Flagler Duval
Investment Insights
Based on property information with market context.
This six-unit rental apartment building is currently operated with a unit mix of one 2/1 and five 1/1 apartments. The 2/1 includes a private outdoor patio, and all units have individual A/C units. The property is described as being in good condition and features stainless steel appliances in the apartments. For utilities, there is one central meter for water and electric, and the tenants are responsible for paying 1/6 of the total utility bills.
The building sits on an oversized corner lot totaling 9,566 SF. It is located two blocks from Holiday Park, with access to the beaches, Las Olas, and downtown described as minutes away.
For prospective buyers or operators seeking a small multi-family asset, the property offers separate residential units with individual climate control and straightforward utility billing tied to the building’s central water and electric meter. The presence of the private patio in the 2/1 can also add variety to the tenant offering within the same rental building.
The building sits on an oversized corner lot totaling 9,566 SF. It is located two blocks from Holiday Park, with access to the beaches, Las Olas, and downtown described as minutes away.
For prospective buyers or operators seeking a small multi-family asset, the property offers separate residential units with individual climate control and straightforward utility billing tied to the building’s central water and electric meter. The presence of the private patio in the 2/1 can also add variety to the tenant offering within the same rental building.
Key Highlights
- 6‑unit rental property built in 1963 operating as one 2/1 unit and five 1/1 units
- Oversized corner lot totaling 9,566 SF
- All apartments have individual A/C units
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,763
Businesses Nearby
Explore this area
Business Placement
Demographics for 33304, FL
19,978
Population
12,367
Households
1.6
Avg Household Size
46
Median Age
51%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
6,445
Density / Sq Mi
$84,951
Median Household Income
$55,527
Median Earnings
$1,727
Median Rent
$556,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained six-unit rental property with individual A/Cs and stainless steel appliances on an oversized corner lot.
Where is this apartment building located?
The property is located at 749 NE 16th Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 6‑unit rental property built in 1963 operating as one 2/1 unit and five 1/1 units; Oversized corner lot totaling 9,566 SF; All apartments have individual A/C units
