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Remodeled 14-Unit Multi-Building Property
For Sale
Contact for pricing
Pending

1301 NE 16th Ter # 5, Fort Lauderdale, FL 33304

Sale of 14 remodeled apartment units across three buildings with full kitchens, central A/C, and an on-site laundry facility.

Property SizeContact for details
Days on Market119

Property Features for 1301 NE 16th Ter # 5

General Information

Standard status Pending
Property subtype Special Purpose
Occupancy 100%

Additional Details

Multifamily Units 14

Amenities

laundry facility

Building Details

Tenancy Multi
Listing Agency: Eastside Coast Properties LLC
Listed By: Edgard Cuenca · License #3022890
Source: Crexi
Added: Apr 12 Changed: Jul 23 Last Checked: Aug 8 at 11:50AM

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 Eastside Coast Properties LLC

Investment Insights

Based on property information with market context.

This sale consists of 14 apartment units distributed across three buildings at 1301, 1305, and 1309 NE 16th TE. The units have been remodeled and are described as fully equipped, with full kitchens and central A/C. An on-site laundry facility is included for tenant convenience. The property is reported as 100% occupied and well maintained.

The property is located in Fort Lauderdale in an area described as north of Sunrise Blvd and west of US-1. The remarks also note proximity to the Downtown Financial District, Port Everglades, the International Airport, The Galleria Mall, and Sunny Beaches.

Please do not disturb the tenants; drive-by only. An assumable loan is referenced in the remarks.

Key Highlights

  • Sale includes 14 apartment units across 3 buildings: 1301, 1305, and 1309 NE 16th TE
  • All units were remodeled and include full kitchens and central A/C
  • Laundry facility inside the property for tenant convenience and additional tenant income

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Butcher Nursing Home Electrical Service Clothing & Fashion 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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,441
Businesses Nearby

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

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 - Sale of 14 remodeled apartment units across three buildings with full kitchens, central A/C, and an on-site laundry facility.
Where is this apartment building located?
The property is located at 1301 NE 16th Ter # 5 Fort Lauderdale, FL.
What are key features of this property?
This property features: Sale includes 14 apartment units across 3 buildings: 1301, 1305, and 1309 NE 16th TE; All units were remodeled and include full kitchens and central A/C; Laundry facility inside the property for tenant convenience and additional tenant income
More about this property
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