9-Unit Multifamily Income
For Sale
$2,600,000
1301 NE 16TH Terrace Unit 1-9, Fort Lauderdale, FL 33304
Well-located 9-unit multifamily with 7 one-bedroom and 2 two-bedroom residences in Fort Lauderdale.
Property Size2,806 SF
Price / SF$926.59
Days on Market26
Property Features for 1301 NE 16TH Terrace Unit 1-9
General Information
Standard status
Active
Size
2,806 SF
Property subtype
Multi Family
Additional Details
Highway Access
Yes
Multifamily Units
9
Building Details
Year Built
1949
Listing Agency:
One Sotheby's International Realty
(774) 644-9195
Listed By:
Marc L Coriaty · License #R11165434
(774) 644-9195
Source:
Lehmannflorida
Added: Jul 16
Changed: Aug 9
Last Checked: Aug 9 at 4:56AM
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.
1301-1305 NE 16th Terrace offers a 9-unit multifamily configuration with a practical unit mix: seven 1-bedroom, 1-bath residences and two 2-bedroom options, including 1 unit with 1 bath and 1 unit with 2 baths. The property is presented as an income-producing apartment building for sale.
According to the remarks, the location places residents minutes from Fort Lauderdale Beach, Downtown Fort Lauderdale, Las Olas Boulevard, and Wilton Manors, with quick access to I-95 and US-1, as well as shopping, dining, and entertainment. The surrounding area is described as experiencing ongoing neighborhood revitalization and significant new development, supporting continued interest from both professionals and seasonal residents.
According to the remarks, the location places residents minutes from Fort Lauderdale Beach, Downtown Fort Lauderdale, Las Olas Boulevard, and Wilton Manors, with quick access to I-95 and US-1, as well as shopping, dining, and entertainment. The surrounding area is described as experiencing ongoing neighborhood revitalization and significant new development, supporting continued interest from both professionals and seasonal residents.
Key Highlights
- 9‑unit multifamily in Fort Lauderdale built in 1949
- Unit mix: 7 one‑bedroom, 2 two‑bedroom residences
- Property address: 1301‑1305 NE 16th Terrace
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
Yes
Highway access
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-located 9-unit multifamily with 7 one-bedroom and 2 two-bedroom residences in Fort Lauderdale.
Where is this apartment building located?
The property is located at 1301 NE 16TH Terrace Unit 1-9 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 9‑unit multifamily in Fort Lauderdale built in 1949; Unit mix: 7 one‑bedroom, 2 two‑bedroom residences; Property address: 1301‑1305 NE 16th Terrace
