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    811 SE 16th Street Fort Lauderdale, FL 33316

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    Claim this Listing
    For Lease
    $1,850/Mo $1.80 SF/Yr (calc)

    COMMERCIAL - Fort Lauderdale, FL

    Property size:
    12,366 SF
    Lot size:
    0.43 Acres
    Added:
    Sep 29, 2025
    Days on Market:
    213
    Last Refresh:
    Apr 29 at 8:06 am

    Property Features for 811 SE 16th Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    RMM-25
    Bathrooms
    22
    Rooms
    Bathroom 17, Bathroom 6, Bathroom 5, Bathroom 20, Bathroom 7, Bathroom 19, Bathroom 4, Bathroom 2, Bathroom 16, Bathroom 21, Bathroom 14, Bathroom 10, Bathroom 11, Bathroom 18, Bathroom 8, Bathroom 22, Bathroom 9, Bathroom 12, Bathroom 3, Bathroom 13, Bathroom 15, Bathroom 1
    Standard status
    Active
    APN
    504214031890
    Size
    12,366 SF
    Lot size
    0.43 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    EVERGLADE LAND SALES CO FIRST ADD LAUDERDALE CORR PL 2-15 D LOT 7,8 & 9 BLK 11
    Tax Annual Amount
    61276

    Building Details

    Year built
    1969
    Floors in Building
    2
    Number of units
    22

    We can help!

    Listing Contact
    Stephen Molinari

    Listing agent Stephen Molinari License #3530706

    Listing office Keller Williams Realty Services 2424 N Federal Highway Suite 150, Boca Raton, FL

    Listing date Sep 29, 2025

    MLS# R11127782

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

    Overview

    Spacious Fort Lauderdale Apartment For Rent

    This move-in ready 1-bedroom, 1-bathroom apartment is located in the Harbordale neighborhood of Fort Lauderdale. The unit features a spacious living area and tile flooring throughout. The bedroom offers ample closet space and natural light. On-site laundry facilities are available. The property is situated minutes from Las Olas Blvd, downtown Fort Lauderdale, beaches, shopping, dining, and major highways. The building is described as quiet and well-kept, with assigned parking. Water and trash services are included. The property is pet-friendly. The lot size is 0.43 acres and the property size is 12366 square feet. The zoning is RMM-25.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Relentless Window Tint ... Interior Design Fresh Water Management Department Store House of Stone Inc. Telecommunications Service

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Law Firm Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.134872
    Latitude
    26.102408

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    FAQs

    What type of property is this?
    Apartment building - Bright 1BR apartment in prime Fort Lauderdale location, pet-friendly.
    Where is this apartment building located?
    The property is located at 811 SE 16th Street Fort Lauderdale, FL.
    What is the lease rate?
    The lease rate is $1,850 /Mo.
    What are key features of this property?
    This property features: Prime Fort Lauderdale location near Las Olas Blvd, downtown, beaches, shopping, dining, and major highways.; Move‑in ready 1‑bedroom, 1‑bathroom unit.; Pet Friendly.
    (561) 305-6161
    We can help!
    Listing Contact
    Stephen Molinari
    Real Estate License ID: 3530706
    Learn More
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    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
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