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  • 105 NE 16th TER, Fort Lauderdale, FL 33301
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    105 NE 16th TER, Fort Lauderdale, FL 33301
    105 NE 16th TER, Fort Lauderdale, FL 33301
    105 NE 16th TER, Fort Lauderdale, FL 33301
    105 NE 16th TER, Fort Lauderdale, FL 33301
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    $ 3,300,000
    Est. payment /mo
    Active

    105 NE 16th TER Fort Lauderdale, FL 33301

    15 Baths

    0.28 Acres Lot


    UPDATED:

    Key Details

    Property Type Commercial

    Sub Type Multi Family

    Listing Status Active

    Purchase Type For Sale

    MLS Listing ID R11142640

    Construction Status Resale

    HOA Y/N No

    Year Built 1953

    Annual Tax Amount $56,647

    Tax Year 2025

    Lot Size 0.280 Acres

    Acres 0.28

    Property Sub-Type Multi Family

    Property 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.

    Location

    State FL

    County Broward

    Community Laundry Facilities, Pool

    Area 3280

    Zoning RC-15

    Interior

    Interior Features InteriorFeatures

    Heating Central, Individual

    Cooling Central Air

    Flooring Tile

    Fireplace No

    Exterior

    Parking Features Assigned, Guest

    Pool Community

    Community Features Laundry Facilities, Pool

    Roof Type Other

    Building

    Lot Description 1/4 to 1/2 Acre Lot

    Entry Level Two

    Level or Stories Two

    Structure Type CBS (Concrete Block Structure),Block,Concrete

    New Construction No

    Construction Status Resale

    Others

    Tax ID 504202150770

    Security Features Smoke Detector(s)

    Acceptable Financing Assumable, Cash, 1031 Exchange, Owner Will Carry

    Listing Terms Assumable, Cash, 1031 Exchange, Owner Will Carry

    Virtual Tour https://www.propertypanorama.com/105-NE-16th-Terrace-Fort-Lauderdale-FL-33301--RX-11142640/unbranded


    BeachesMLS, Inc. (FLR) IDX
    Listed by Stephen Molinari Keller Williams Realty Service

    GET MORE INFORMATION

    Juan & Carolina Vasquez
    Juan & Carolina Vasquez

    +1(201) 819-6735 | movewithvasquez@gmail.com

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    105 NE 16th TER