1301 NE 16TH Terrace 1-9, Fort Lauderdale, FL 33304,Fort Lauderdale,Broward,Commercial Sale
  • $2,400,000

Description

Positioned in one of Fort Lauderdale’s fastest-growing neighborhoods, 1301-1305 NE 16th Terrace presents an outstanding opportunity to acquire a well-located 9-unit multifamily property surrounded by significant new development and ongoing neighborhood revitalization. The property offers a desirable unit mix consisting of: 1- 2BD 1BA, 1- 2BD BA, 7- 1BD 1BA residences. Its prime location places residents just minutes from Fort Lauderdale Beach, Downtown Fort Lauderdale, Las Olas Boulevard, and Wilton Manors, while providing quick access to I-95, US-1, shopping, dining, entertainment, and major employment centers. This highly connected location continues to attract strong rental demand from professionals, seasonal residents, and those seeking the South Florida lifestyle. The surrounding area is experiencing substantial investment, with numerous luxury residential and mixed-use developments transforming the neighborhood and supporting long-term appreciation potential. Investors will benefit from owning an income-producing asset in a market where continued redevelopment and limited housing supply continue to drive demand. Whether you’re looking to expand your multifamily portfolio, execute a value-add strategy, or secure a long-term hold in one of South Florida’s most dynamic growth corridors, 1301-1305 NE 16th Terrace offers an exceptional combination of location, unit mix, and future upside. Don’t miss the opportunity to invest in a property positioned at the center of Fort Lauderdale’s continued growth and redevelopment.

  • Address: Array
  • City: Fort Lauderdale
  • State/county: Broward
  • Zip/Postal Code: Array
  • Area: Fort Lauderdale

Details

Updated on September 1, 2026 at 1:56 am
  • Property ID Array
  • Price $2,400,000
  • Land Area 0.26 Sq Ft
  • Year Built 1949
  • Type Multi Family
  • Property Status Commercial Sale

Additional details

  • BuildingAreaSource Public Records
  • BuildingAreaTotal 2806
  • BusinessType Other
  • CLIP 1407440078
  • ConstructionMaterials Block
  • ContractStatusChangeDate 2026-07-16
  • Cooling Central Air, Ceiling Fan(s)
  • CumulativeDaysOnMarket 46
  • CurrentPrice 2400000
  • DaysOnMarket 46
  • DaysOnMarketReplication 46
  • DaysOnMarketReplicationDate 2026-08-31
  • DaysOnMarketReplicationIncreasingYN 1
  • DistanceToFreewayNumeric 1
  • DocumentsAvailable Aerial, Ground Photo
  • DocumentsChangeTimestamp 2026-07-17T09:59:37.000-00:00
  • DocumentsCount 0
  • Electric Separate Meters
  • Fencing Fenced, Full
  • Flooring Tile
  • Heating Central
  • InternetAddressDisplayYN 1
  • InternetAutomatedValuationDisplayYN 1
  • InternetConsumerCommentYN 1
  • InternetEntireListingDisplayYN 1
  • ListAOR BeachesMLS
  • ListAgentAOR BeachesMLS
  • ListAgentDirectPhone 774-644-9195
  • ListAgentEmail mcoriaty@onesothebysrealty.com
  • ListAgentFirstName Marc
  • ListAgentFullName Marc L Coriaty
  • ListAgentKey 26740212
  • ListAgentKeyNumeric 26740212
  • ListAgentLastName Coriaty
  • ListAgentMiddleName L
  • ListAgentMlsId 450500990
  • ListAgentNationalAssociationId 450500990
  • ListAgentOfficePhone 561-997-7227
  • ListAgentPreferredPhone 774-644-9195
  • ListAgentStateLicense 3370810
  • ListOfficeAOR BeachesMLS
  • ListOfficeEmail MLS@onesothebysrealty.com
  • ListOfficeKey 5925492
  • ListOfficeKeyNumeric 5925492
  • ListOfficeMlsId 279626259
  • ListOfficeName One Sotheby's International Realty
  • ListOfficePhone 561-997-7227
  • ListingAgreement Exclusive Right To Sell
  • ListingContractDate 2026-07-16
  • ListingKeyNumeric 1177136693
  • ListingService Full Service
  • ListingTerms Cash, Conventional
  • LotFeatures City Lot, None, 1/4 to 1/2 Acre Lot, Sprinklers Automatic
  • LotSizeArea 11473
  • MLSAreaMajor 3380
  • MLSAreaMinor FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
  • MajorChangeTimestamp 2026-08-31T13:20:54.000-00:00
  • MajorChangeType Price Change
  • MapCoordinateSource Imported
  • MlsStatus Active
  • MobileDimUnits Feet
  • ModificationTimestamp 2026-08-31T17:21:59.637-00:00
  • NumberOfBuildings 2
  • NumberOfSeparateElectricMeters 10
  • NumberOfUnitsTotal 9
  • OccupantType Tenant
  • OnMarketDate 2026-07-16
  • OnMarketTimestamp 2026-07-16T00:00:00.000-00:00
  • OpenHouseModificationTimestamp 2026-08-31T13:19:40.153-00:00
  • OriginalEntryTimestamp 2026-07-16T10:01:52.000-00:00
  • OriginalListPrice 2600000
  • OriginatingSystemID M00000170
  • OriginatingSystemKey 623215771
  • OriginatingSystemListAgentMemberKey 1169220
  • OriginatingSystemListOfficeKey 1153452
  • OriginatingSystemModificationTimestamp 2026-08-31T13:19:40.153-00:00
  • OriginatingSystemName BEACH
  • OriginatingSystemSubName BEACH_BEACH
  • ParcelNumber 494234028110
  • ParkingFeatures Assigned, On Street
  • ParkingTotal 9
  • Permission IDX
  • PhotosChangeTimestamp 2026-07-23T09:26:41.683-00:00
  • PhotosCount 29
  • Possession Close Of Escrow
  • PostalCity Fort Lauderdale
  • PostalCodePlus4 1849
  • PreviousListPrice 2600000
  • PriceChangeTimestamp 2026-08-31T13:11:49.000-00:00
  • PropertyCondition Resale
  • PropertySubTypeAdditional Multi Family
  • RoadFrontageType City Street
  • RoadResponsibility Public Maintained Road
  • RoadSurfaceType Asphalt
  • Roof Shingle
  • SecurityFeatures Fire Alarm, Smoke Detector(s)
  • Sewer Public Sewer
  • SourceSystemID TRESTLE
  • SourceSystemKey 1177136693
  • SourceSystemName flexmls
  • SpecialListingConditions Standard
  • StateOrProvince FL
  • StatusChangeTimestamp 2026-07-16T10:14:54.000-00:00
  • StoriesTotal 1
  • StreetDirPrefix NE
  • StreetName 16TH
  • StreetNumber 1301
  • StreetNumberNumeric 1301
  • StreetSuffix Terrace
  • TaxAnnualAmount 36775.72
  • TaxAssessedValue 1728030
  • TaxLegalDescription PROGRESSO 2-18 D LOT 11, 12 LESS S 15 BLK 90
  • TaxYear 2025
  • TenantPays Cable TV, Electricity
  • UnitNumber 1-9
  • UniversalPropertyId US-12011-N-494234028110-R-N
  • Utilities Cable Available, Electricity Available, Sewer Available, Water Available
  • VideosCount 0
  • WaterSource Public, Other
  • Zoning RC-15

Overview

Property ID: Array
  • Multi Family
  • Type

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Melody Christle
  • Melody Christle

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