806 NE 16th Place #1-8 Fort Lauderdale, FL 33305

Building Details

Year Built

1970

Listing agency Gibson Real Estate Services r***@gibsonrealtyservices.com Show Phone

Listed by Rosy A Baron · License #3419520 Show Phone

Source Laerrealty

Added: May 29 Updated: Jul 21 at 12:12AM Checked: Jul 22 at 2:36AM

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Investment Insights

Based on property information with market context.

This well-maintained multifamily property consists of eight units with spacious 2-bedroom, 1-bath layouts. Units feature terrazzo floors and impact windows. The building also includes a common laundry area that can support additional on-site income.

Located in Fort Lauderdale near Wilton Manors and Wilton Drive, the property is described as only a few miles from the beach and close to shopping, dining, and major highways.

The property is reported to have strong year-round occupancy. Current leases do not include water, which may allow a new owner to adjust utility billing to improve revenue. The offering is also positioned as flexible for an ownership strategy that combines short-term furnished rentals with long-term annual leases, based on the stated opportunity in the remarks.

Key Highlights

• Well‑maintained 8‑unit multifamily building built in 1970
• All units feature 2‑bedroom, 1‑bath layouts with large bedrooms
• Interior finishes include terrazzo floors throughout the units

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FAQs

What type of property is this?

Apartment building - Well-maintained 8-unit building with 2-bedroom, 1-bath units, terrazzo floors, impact windows, and a common laundry area.

Where is this apartment building located?

The property is located at 806 NE 16th Place #1-8 Fort Lauderdale, FL.

What is the asking price?

The asking price for this property is $2,450,000.

What are key features of this property?

This property features: Well‑maintained 8‑unit multifamily building built in 1970; All units feature 2‑bedroom, 1‑bath layouts with large bedrooms; Interior finishes include terrazzo floors throughout the units