$2,450,000
 $13,152 est/mo Sourced by Back At You

806 NE 16th Place 1-8,Fort Lauderdale, FL 33305

Fort Lauderdale, FL 33305

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Description

Exceptional prime investment opportunity in a highly desirable Fort Lauderdale location just steps from Wilton Manors and vibrant Wilton Drive. This well-maintained 8-unit multifamily property features spacious 2-bedroom, 1-bath units with large bedrooms, terrazzo floors, impact windows, and more. The property enjoys strong year-round occupancy and includes a common laundry area that generates additional income. Current leases do not include water, offering a new owner the opportunity to further increase revenue potential. Ideal for investors seeking flexibility, this property presents the opportunity to operate as a combination of short-term furnished rentals and long-term annual leases. Conveniently located just a few miles from the beach, shopping, dining, and major highways.

Details

MLS #B26031058
Listing TypeFor Sale
Building Name806
Sub-TypeResale
StatusActive
Year1970
Days On Site109
Listing Provided ByGibson Real Estate Services | Rosy A Baron

Features

SQ Feet6,606
Story(s)2
Units8
Building(s)1
ZoningRDS-15
Acreage0.25

Exterior

Lot FeaturesInterior Lot, Sprinkler System

Parking

Parking FeaturesAssigned

Taxes

Tax Annual Amount25362

Location

Community FeaturesLaundry Facilities

Area Information

StateFL
CountyBroward
CityFort Lauderdale
Zip Code33305
Area37
SubareaFt Ldale NE (3240 3270;3350 3380;3440 3450;3700)
Listing VS Median (in 33305)
Price:
$2,450,000
low | high
Med:
$599,000
100% of Average
sqft:
6,606
low | high
Med:
1,267
100% of Average
$ / sqft:
$371
low | high
Med:
$473
22.525683359374% of Average
On site:
109
low | high
Med:
107
100% of Average
Sourced by Back At You

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Learn More About This Property

DoMi Real Estate Advisors

DoMi Real Estate Advisors

 (305) 646-9096info@domirealestate.com
StateFL
CountyBroward
CityFort Lauderdale
Zip Code33305
Area37
SubareaFt Ldale NE (3240 3270;3350 3380;3440 3450;3700)
Listing VS Median (in 33305)
Price:
$2,450,000
low | high
Med:
$599,000
100% of Average
sqft:
6,606
low | high
Med:
1,267
100% of Average
$ / sqft:
$371
low | high
Med:
$473
22.525683359374% of Average
On site:
109
low | high
Med:
107
100% of Average
Sourced by Back At You
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Price: $1.837M - $3.62M
sqft: 4,500 - 8,000
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Listing Updated: September 4, 2026 at 10:38:46 PM PDT
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