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5-Unit Corner Apartment Building
For Sale
Contact for pricing
Pending

312 NE 16th Ter, Fort Lauderdale, FL 33301

Legal five-unit property on a corner parcel near Las Olas and downtown.

Property SizeContact for details
Days on Market146

Property Features for 312 NE 16th Ter

General Information

Standard status Pending
Property subtype Multifamily, Mixed Use
Listing Agency: Vera Realty LLC
Listed By: Valeriia Afanasieva · License #3402157
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Sep 1 at 10:04PM

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 Vera Realty LLC

Investment Insights

Based on property information with market context.

This apartment building contains 5 legal units on a 10,000-square-foot corner lot at 312 NE 16th Ter. The property includes a two-bedroom, one-bath unit that is identified as the fifth residence and currently produces rental income. Its apartment configuration provides an existing multifamily asset in Fort Lauderdale’s Victoria Park area.

The property is positioned near Las Olas and downtown Fort Lauderdale, with the beach described as approximately 10 minutes away. The site is also presented as having possible future townhome development potential, including a concept for 3 to 4 townhomes, although that concept is separate from the existing five-unit configuration.

Key Highlights

  • 5 legal apartment units
  • 10,000‑square‑foot corner lot
  • Fifth unit includes 2 bedrooms and 1 bath

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Daycare Center Nursing Home Clothing & Fashion Store Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

2,675
Businesses Nearby

Demographics for 33301, FL

19,109
Population
13,955
Households
1.4
Avg Household Size
42
Median Age
62%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
7,644
Density / Sq Mi
$115,421
Median Household Income
$76,365
Median Earnings
$2,341
Median Rent
$751,600
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 - Legal five-unit property on a corner parcel near Las Olas and downtown.
Where is this apartment building located?
The property is located at 312 NE 16th Ter Fort Lauderdale, FL.
What are key features of this property?
This property features: 5 legal apartment units; 10,000‑square‑foot corner lot; Fifth unit includes 2 bedrooms and 1 bath
(754) 610-1289 Call to check price and availability
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