9-Unit Apartment
For Sale
$2,400,000
1301 NE 16TH Ter 1-9, Fort Lauderdale, FL 33304
Two-building multifamily property with renovated residences, assigned parking, and individually metered electric service.
Property Size2,806 SF
Days on Market18
Property Features for 1301 NE 16TH Ter 1-9
General Information
Standard status
Active
Size
2,806 SF
Total Parking Spaces
9
Property subtype
Commercial
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 2BD/1BA, 1 x 2BD/2BA, 7 x 1BD/1BA
Multifamily Units
9
Taxes and HOA fees
Annual Taxes
$36,775
Building Details
Building Size
2,806 SF
Year Built
1949
Year Renovated
2024
Buildings
2
Stories
1
Units
9
Listing Agency:
One Sotheby's International Realty
Listed By:
Marc L Coriaty
(774) 644-9195
Source:
Elliman
Added: Aug 17
Changed: Sep 2
Last Checked: Sep 1 at 8:49PM
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.
This 9-unit apartment property comprises two buildings with a unit mix of one 2BD/1BA residence, one 2BD/2BA residence, and seven 1BD/1BA residences. The improvements date to 1949 and include 5,598 square feet of property area. Eight units received full remodels in 2024, while patios were newly paved during the same year. A new fence, irrigation system, and HVAC serving multiple units were added in 2025. Three residences are furnished.
Located at 1301 NE 16TH TER in Fort Lauderdale, the property offers proximity to Fort Lauderdale Beach, Downtown Fort Lauderdale, Las Olas Boulevard, and Wilton Manors. Access to I-95 and US-1 is also noted. Residents have nine assigned parking spaces. Electric service is individually metered for each unit, with a separate house meter and one master water meter serving the property.
Located at 1301 NE 16TH TER in Fort Lauderdale, the property offers proximity to Fort Lauderdale Beach, Downtown Fort Lauderdale, Las Olas Boulevard, and Wilton Manors. Access to I-95 and US-1 is also noted. Residents have nine assigned parking spaces. Electric service is individually metered for each unit, with a separate house meter and one master water meter serving the property.
Key Highlights
- 9 units across two buildings with one 2BD/1BA, one 2BD/2BA, and seven 1BD/1BA residences
- 5,598 square feet; constructed in 1949
- Eight of nine units fully remodeled in 2024
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,441
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 - Two-building multifamily property with renovated residences, assigned parking, and individually metered electric service.
Where is this apartment building located?
The property is located at 1301 NE 16TH Ter 1-9 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 9 units across two buildings with one 2BD/1BA, one 2BD/2BA, and seven 1BD/1BA residences; 5,598 square feet; constructed in 1949; Eight of nine units fully remodeled in 2024
