105 NE 16th Terrace, Fort Lauderdale, FL 33301,Fort Lauderdale,Broward,Commercial Sale
  • $3,300,000

Description

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.

  • Address: 16th
  • City: Fort Lauderdale
  • State/county: Broward
  • Zip/Postal Code: 33301
  • Area: Fort Lauderdale

Details

Updated on July 17, 2026 at 3:57 pm
  • Property ID R11142640
  • Price $3,300,000
  • Land Area 0.28 Sq Ft
  • Year Built 1953
  • Type Multi Family
  • Property Status Commercial Sale

Additional details

  • BuildingAreaSource Public Records
  • CLIP 8959576216
  • CommunityFeatures Laundry Facilities, Pool
  • ConstructionMaterials Block, Concrete
  • ContractStatusChangeDate 2025-11-21
  • Cooling Central Air
  • CumulativeDaysOnMarket 291
  • CurrentPrice 3300000
  • DaysOnMarket 238
  • DaysOnMarketReplication 238
  • DaysOnMarketReplicationDate 2026-07-17
  • DaysOnMarketReplicationIncreasingYN 1
  • DocumentsAvailable Financials, Ground Photo, Rent Rolls, Survey
  • DocumentsCount 0
  • Electric 3 Phase
  • Flooring Tile
  • Heating Central, Individual
  • InternetAddressDisplayYN 1
  • InternetAutomatedValuationDisplayYN 1
  • InternetConsumerCommentYN 1
  • InternetEntireListingDisplayYN 1
  • Levels Two
  • ListAOR BeachesMLS
  • ListAgentAOR BeachesMLS
  • ListAgentDirectPhone 561-305-6161
  • ListAgentEmail Stephen@MolinariCommercial.com
  • ListAgentFirstName Stephen
  • ListAgentFullName Stephen Molinari
  • ListAgentKey 26755494
  • ListAgentKeyNumeric 26755494
  • ListAgentLastName Molinari
  • ListAgentMlsId 276658174
  • ListAgentNationalAssociationId 276658174
  • ListAgentOfficePhone 561-245-4000
  • ListAgentPreferredPhone 561-305-6161
  • ListAgentStateLicense 3530706
  • ListOfficeAOR BeachesMLS
  • ListOfficeEmail abarbar@kw.com
  • ListOfficeKey 5904104
  • ListOfficeKeyNumeric 5904104
  • ListOfficeMlsId 606001
  • ListOfficeName Keller Williams Realty Services
  • ListOfficePhone 561-245-4000
  • ListingAgreement Exclusive Right With Exception
  • ListingContractDate 2025-11-21
  • ListingKey 1146717877
  • ListingKeyNumeric 1146717877
  • ListingTerms Assumable, Cash, 1031 Exchange, Owner Will Carry
  • LotFeatures 1/4 to 1/2 Acre Lot
  • LotSizeArea 12196.8
  • MLSAreaMajor 3280
  • MajorChangeTimestamp March 27, 2026 at 08:13pm
  • MajorChangeType Price Change
  • MapCoordinateSource Imported
  • MlsStatus Active
  • MobileDimUnits Feet
  • ModificationTimestamp July 17, 2026 at 01:40pm
  • NumberOfUnitsTotal 14
  • OnMarketDate 2025-11-21
  • OnMarketTimestamp 2025-11-21T00:00:00.000-00:00
  • OpenHouseModificationTimestamp 2026-07-17T09:38:41.143-00:00
  • OriginalEntryTimestamp November 21, 2025 at 01:10pm
  • OriginalListPrice 3750000
  • OriginatingSystemID M00000170
  • OriginatingSystemKey 441187147
  • OriginatingSystemListAgentMemberKey 1263697
  • OriginatingSystemListOfficeKey 1153498
  • OriginatingSystemModificationTimestamp 2026-07-17T09:38:41.143-00:00
  • OriginatingSystemName BEACH
  • OriginatingSystemSubName BEACH_BEACH
  • ParcelNumber 504202150770
  • ParkingFeatures Assigned, Guest
  • Permission IDX
  • PhotosChangeTimestamp January 17, 2026 at 12:18pm
  • PhotosCount 21
  • PoolFeatures Community
  • Possession Close Of Escrow
  • PostalCity Fort Lauderdale
  • PostalCode 33301
  • PreviousListPrice 3550000
  • PriceChangeTimestamp March 27, 2026 at 08:13pm
  • PropertyCondition Resale
  • PropertySubTypeAdditional Multi Family
  • Roof Other
  • SecurityFeatures Smoke Detector(s)
  • SourceSystemID TRESTLE
  • SourceSystemKey 1146717877
  • SourceSystemName flexmls
  • StateOrProvince FL
  • StatusChangeTimestamp November 21, 2025 at 01:10pm
  • Stories 2
  • StreetDirPrefix NE
  • StreetName 16th
  • StreetNumber 105
  • StreetNumberNumeric 105
  • StreetSuffix Terrace
  • TaxAnnualAmount 56647
  • TaxLegalDescription VICTORIA PARK CORR AMEN PLAT 10-66 B LOT 14, 15 BLK 5
  • TaxYear 2025
  • UniversalPropertyId US-12011-N-504202150770-R-N
  • VideosCount 0
  • Zoning RC-15

Overview

Property ID: R11142640
  • Multi Family
  • Type

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Jason Morgan
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