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
- 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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