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Bean Group
Offered at $3,300,000Active
beds
—
baths
15
sq ft
—
Built
1953

105 NE 16th Terrace

Fort Lauderdale, FL 33301

About this home

Discover an exceptional multifamily investment opportunity in the heart of Victoria Park, one of Fort Lauderdale's most sought-after and rapidly growing neighborhoods. Located at 105 NE 16th Terrace, this well-maintained 14-unit apartment building offers both stable in-place income and significant long-term upside through value-add renovations or a complete redevelopment play. **Attractive Assumable Seller Financing Available Positioned just minutes from Las Olas Boulevard, Flagler Village, and Fort Lauderdale's world-class beaches, this property benefits from strong tenant demand, walkability, and proximity to dining, entertainment, and major employment hubs. This highly desirable location and site is ideally suited for a boutique townhome community, luxury multifamily development, or elevated repositioning strategy. Whether you're seeking stable cash flow, a premium location for redevelopment, or a long-term hold in a blue-chip neighborhood, this property presents an unparalleled opportunity in one of Fort Lauderdale's most prestigious submarkets. Can be sold individually or as part of a portfolio with 811 SE 16th St, Fort Lauderdale - which is located approximately 2 miles south in the Harbordale neighborhood.

Listing last checked: Listing updated:

Listed by Stephen Molinari · Keller Williams Realty Service · MLS #R11142640

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Details at a glance

Interior3 property facts
Heating
Central
Cooling
Central Air
Flooring
Tile
Building3 property facts
Style
Multi Family
Year built
1953
Roof
Other
Land & utilities2 property facts
Lot size
0.28 acres
Zoning
RC-15
Financial2 property facts
Annual taxes
$56,647
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $3,300,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$21,407 / monthAdjust
Principal & interest
$16,687
Property tax
$4,721
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $56,647. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Ter

    $1,850 · Sep 29, 2025

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About 105 NE 16th Terrace

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Request a tour of 105 NE 16th Terrace and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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