Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    225 SE 16th Ave 3 Fort Lauderdale, FL 33301

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $12 SF/Yr

    Boutique apartment near Las Olas with modern amenities.

    Type:Multi Family
    Added:
    Apr 15, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 1 at 4:30 am

    Property Features for 225 SE 16th Ave 3

    General Information

    Standard status
    Active
    Property subtype
    Multi Family

    Building Details

    Year Built
    1972

    We can help!

    Listing Contact
    Yavocka Young

    Listing agent Yavocka Young License #3338380

    Listing office

    Listing date Apr 15, 2026

    Source Elliman

    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 Yavocka Young

    Overview

    Las Olas Boutique Apartment Living

    This apartment is located one block from Fort Lauderdale's popular entertainment district, offering convenient access to shops, restaurants, and service businesses. The second-floor apartment features a washer/dryer and luxury appliances. Residents have access to on-site parking with one space, a pool, laundry facilities, and gardens. The location has a bike score of 45, indicating it is somewhat bikeable, and a walk score of 57, suggesting it is somewhat walkable. The transit score is 24, indicating minimal transit options.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Spa & Massage Center Dental Office Hair Salon Real Estate Agency Nail Salon Building Supply Daycare Center Gym & Fitness Center Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1274313
    Latitude
    26.1199427

    Nearby Similar for Lease

    • Contact for pricing

      Downtown Fort Lauderdale Office Space

      Full-service office space near courthouse in downtown Fort Lauderdale.
      800 SE 3rd Ave, Fort Lauderdale, FL 33316
      View Details
    • Contact for pricing

      Downtown Fort Lauderdale Office Space

      Full-service office space near courthouse in downtown Fort Lauderdale.
      800 SE 3rd Ave, Fort Lauderdale, FL 33316
      View Details
    • Contact for pricing

      Downtown Fort Lauderdale Office Space

      Full-service office near courthouse, ideal for legal or professional services.
      800 SE 3rd Ave, Fort Lauderdale, FL 33316
      View Details
    • Contact for pricing

      High Visibility Retail Space Available

      Retail space with high visibility and easy highway access.
      1744 E Commercial Blvd, Fort Lauderdale, FL 33334
      View Details
    • Contact for pricing

      Downtown Fort Lauderdale Office Space

      Full-service office space near courthouse in downtown Fort Lauderdale.
      800 SE 3rd Ave, Fort Lauderdale, FL 33316
      View Details
    • Contact for pricing

      Renovated Commercial Unit in Hollywood

      Turnkey space ideal for various professional uses in Hollywood.
      5980 SW 40th Ave, Fort Lauderdale, FL 33312
      View Details
    • Contact for pricing

      Fort Lauderdale Office/Warehouse Combination

      Office/warehouse space with easy access to major highways.
      4700 W Prospect Rd, Fort Lauderdale, FL 33309
      View Details
    • Contact for pricing

      Fort Lauderdale Office/Warehouse Combination

      Office/warehouse space with easy access to major highways.
      4700 W Prospect Rd, Fort Lauderdale, FL 33309
      View Details
    • $25/mo

      Fort Lauderdale Medical/Office Space

      Adaptable, high-visibility space in central Fort Lauderdale location.
      2466 E Commercial Boulevard 102-103, Fort Lauderdale, FL 33308
      View Details
    • $18/mo

      Move-in Ready Fort Lauderdale Office

      Centrally located, furnished office space with flexible lease terms.
      1845 Cordova Rd, Fort Lauderdale, FL 33316
      View Details
    • $2,200,000/mo

      Renovated Mixed-Use Waterfront Property

      Turn-key mixed-use property with waterfront views and private dock.
      2200 NE 26th Street, Wilton Manors, FL 33305
      View Details
    • $15/mo

      Spacious Corner Office in Fort Lauderdale

      Renovated office space with private entrance and ample parking.
      5420 NW 33rd Ave, Fort Lauderdale, FL 33309
      View Details

    FAQs

    What type of property is this?
    Apartment building - Boutique apartment near Las Olas with modern amenities.
    Where is this apartment building located?
    The property is located at 225 SE 16th Ave 3 Fort Lauderdale, FL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Prime Las Olas Location: One block from the entertainment district, offering easy access to shops, restaurants, and services.; Move‑in Ready: Only requires first month's rent and security deposit.; In‑Unit Washer/Dryer: Enjoy the convenience of your own laundry facilities.
    (202) 321-7462
    We can help!
    Listing Contact
    Yavocka Young
    Real Estate License ID: 3338380
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!