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15-Unit Apartment Building with Lake Views
For Sale
$1,825,000

13255 SW 16th Ct, Pembroke Pines, FL 33027

Residential Income, Pembroke Pines, FL

Property Size940 SF
Price / SF$1,941
Days on Market172

Property Features for 13255 SW 16th Ct

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description (R-MF)
Parking 1
Spa 1
Subdivision IVANHOE EAST AT CENTURY V
Standard status Active
APN 514014CH0070
Size 940 SF

Taxes and HOA fees

Tax Year 2024
Tax Description IVANHOE EAST AT CENTURY VILLAGE CONDOMINIUM #III UNIT 107 BLDG K PER CDO BK/PG: 19698/368
Tax Annual Amount 3308
HOA Fee $385 Monthly
Legal Description IVANHOE EAST AT CENTURY VILLAGE CONDOMINIUM #III UNIT 107 BLDG K PER CDO BK/PG: 19698/368

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Ceiling Fan(s), Electric
Water source Public
Water front features Lake Front
Water front 1

Building Details

Year built 1994
Floors in Building 4
Flooring type Tile - Ceramic, Laminate
Building materials Pre-Cast Concrete
Roof type Barrel
Architectural style Other
Listing Agency: Beachfront Realty Inc
Listed By: Joseph Glavin · License #637170
Added: Mar 4 Changed: Aug 19 Last Checked: Aug 23 at 10:06AM
MLS# A11961761

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 15-unit apartment building was built in 1994 and constructed with pre-cast concrete. The property is described as having units with tenants in place. Waterfront amenities include lake-front positioning, and the building roof is listed as barrel.

On the interior, the property features laminate and ceramic tile flooring. Heating is central electric, with electric cooling and ceiling fans. Water is provided via public water and sewer is public sewer. Cable is noted as available.

Additional listed features include a spa. The property is offered with all units owned free and clear, with titles held by one entity, which is intended to support an efficient closing process.

Key Highlights

  • 15 units with tenants in place
  • Lake‑front property position
  • Built in 1994 with pre‑cast concrete construction

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store Carpet & Flooring Store Catering Service

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

15
Residential units

Location Intelligence

Trade Area within ½ mile

415
Businesses Nearby

Demographics for 33027, FL

63,726
Population
26,247
Households
2.4
Avg Household Size
45
Median Age
42%
College-Educated
93%
High-School Grad
13.4 sq mi
ZIP Area
4,756
Density / Sq Mi
$73,450
Median Household Income
$50,689
Median Earnings
$1,788
Median Rent
$403,400
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 - 15-unit apartment building built in 1994 with lake-front views, central electric HVAC, and public water and sewer.
Where is this apartment building located?
The property is located at 13255 SW 16th Ct Pembroke Pines, FL.
What is the asking price?
The asking price for this property is $1,825,000.
What are key features of this property?
This property features: 15 units with tenants in place; Lake‑front property position; Built in 1994 with pre‑cast concrete construction
More about this property
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