- $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
Open on Google Maps-
Address: 16th
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City: Fort Lauderdale
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State/county: Broward
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Zip/Postal Code: 33301
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Area: Fort Lauderdale
Details
Updated on July 17, 2026 at 3:57 pm-
Property ID R11142640
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Price $3,300,000
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Land Area 0.28 Sq Ft
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Year Built 1953
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Type Multi Family
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Property Status Commercial Sale
Additional details
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BuildingAreaSource Public Records
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CLIP 8959576216
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CommunityFeatures Laundry Facilities, Pool
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ConstructionMaterials Block, Concrete
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ContractStatusChangeDate 2025-11-21
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Cooling Central Air
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CumulativeDaysOnMarket 291
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CurrentPrice 3300000
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DaysOnMarket 238
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DaysOnMarketReplication 238
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DaysOnMarketReplicationDate 2026-07-17
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DaysOnMarketReplicationIncreasingYN 1
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DocumentsAvailable Financials, Ground Photo, Rent Rolls, Survey
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DocumentsCount 0
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Electric 3 Phase
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Flooring Tile
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Heating Central, Individual
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InternetAddressDisplayYN 1
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InternetAutomatedValuationDisplayYN 1
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InternetConsumerCommentYN 1
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InternetEntireListingDisplayYN 1
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Levels Two
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ListAOR BeachesMLS
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ListAgentAOR BeachesMLS
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ListAgentDirectPhone 561-305-6161
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ListAgentEmail Stephen@MolinariCommercial.com
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ListAgentFirstName Stephen
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ListAgentFullName Stephen Molinari
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ListAgentKey 26755494
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ListAgentKeyNumeric 26755494
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ListAgentLastName Molinari
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ListAgentMlsId 276658174
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ListAgentNationalAssociationId 276658174
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ListAgentOfficePhone 561-245-4000
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ListAgentPreferredPhone 561-305-6161
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ListAgentStateLicense 3530706
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ListOfficeAOR BeachesMLS
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ListOfficeEmail abarbar@kw.com
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ListOfficeKey 5904104
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ListOfficeKeyNumeric 5904104
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ListOfficeMlsId 606001
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ListOfficeName Keller Williams Realty Services
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ListOfficePhone 561-245-4000
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ListingAgreement Exclusive Right With Exception
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ListingContractDate 2025-11-21
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ListingKey 1146717877
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ListingKeyNumeric 1146717877
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ListingTerms Assumable, Cash, 1031 Exchange, Owner Will Carry
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LotFeatures 1/4 to 1/2 Acre Lot
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LotSizeArea 12196.8
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MLSAreaMajor 3280
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MajorChangeTimestamp March 27, 2026 at 08:13pm
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MajorChangeType Price Change
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MapCoordinateSource Imported
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MlsStatus Active
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MobileDimUnits Feet
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ModificationTimestamp July 17, 2026 at 01:40pm
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NumberOfUnitsTotal 14
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OnMarketDate 2025-11-21
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OnMarketTimestamp 2025-11-21T00:00:00.000-00:00
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OpenHouseModificationTimestamp 2026-07-17T09:38:41.143-00:00
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OriginalEntryTimestamp November 21, 2025 at 01:10pm
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OriginalListPrice 3750000
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OriginatingSystemID M00000170
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OriginatingSystemKey 441187147
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OriginatingSystemListAgentMemberKey 1263697
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OriginatingSystemListOfficeKey 1153498
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OriginatingSystemModificationTimestamp 2026-07-17T09:38:41.143-00:00
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OriginatingSystemName BEACH
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OriginatingSystemSubName BEACH_BEACH
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ParcelNumber 504202150770
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ParkingFeatures Assigned, Guest
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Permission IDX
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PhotosChangeTimestamp January 17, 2026 at 12:18pm
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PhotosCount 21
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PoolFeatures Community
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Possession Close Of Escrow
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PostalCity Fort Lauderdale
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PostalCode 33301
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PreviousListPrice 3550000
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PriceChangeTimestamp March 27, 2026 at 08:13pm
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PropertyCondition Resale
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PropertySubTypeAdditional Multi Family
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Roof Other
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SecurityFeatures Smoke Detector(s)
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SourceSystemID TRESTLE
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SourceSystemKey 1146717877
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SourceSystemName flexmls
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StateOrProvince FL
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StatusChangeTimestamp November 21, 2025 at 01:10pm
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Stories 2
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StreetDirPrefix NE
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StreetName 16th
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StreetNumber 105
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StreetNumberNumeric 105
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StreetSuffix Terrace
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TaxAnnualAmount 56647
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TaxLegalDescription VICTORIA PARK CORR AMEN PLAT 10-66 B LOT 14, 15 BLK 5
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TaxYear 2025
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UniversalPropertyId US-12011-N-504202150770-R-N
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VideosCount 0
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Zoning RC-15
Features
Overview
- Multi Family
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees
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