105 NE 16th Terrace, Fort Lauderdale, FL 33301

$3,300,000

Virtual Tour

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

Property Type: Commercial Sale Status: Active

Current Price: $3,300,000 List Date: 11/21/2025 Last Modified: 4/24/2026

Overview

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

Supplements: 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 ... (Read more)

Listing Details MLS# R11142640

General Property Information

Property Sub Type: Multi Family
Number Of Units Total: 14
Building Area Source: Public Records
Year Built: 1953
Lot Size Area: 12196.8
Lot Size Acres: 0.28
Stories: 2

Property Features

Building Features: Laundry Facilities; Pool Documents Available: Existing Survey; Investment Analysis; Rent Rolls Electric: Three Phase Flooring: Tile Heating: Central Individual Parking Features: Assigned; Guest Possession: Close Of Escrow Property Condition: Resale Sale Includes: Building; Fixtures; Furniture; Inventory; Land; Machinery Construction Materials: CBS; Concrete Cooling: Central Individual Listing Terms: 1031 Exchange; Assumable; Cash; Owner Will Carry Roof: Other Security Features: Smoke Detector(s) Showing Requirements: Text Listing Agent Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 3750000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 105
Street Direction Prefix: NE
Street Name: 16th
Street Suffix: Terrace
City Name: Fort Lauderdale
State Or Province: FL
Postal Code: 33301
Area: 3280
Geographic Area: FTSE - Ft Lauderdale SE (3280;3600;3800)
Parcel Number: 504202150770
Zoning: RC-15
Property Description: Multi-Family

Financial Information

Tax Annual Amount: 56647
Tax Year: 2025
Tax Legal Description: VICTORIA PARK CORR AMEN PLAT 10-66 B LOT 14,15 BLK 5

Status Change Information

Major Change Timestamp: 2026-03-28T00:13:50Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-03-28T00:13:50Z
Status Change Date: 2025-11-21

More Information

Building and Property Details

# Of Toilets: 15
% Air Conditioned: 100
Maximum Ceiling Height: 10

Originating Details

Originating System Key: 20251121175719733513000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Electric

Three Phase: Yes

Flooring

Tile: Yes

Parking Features

Assigned: Yes
Guest: Yes

Property Condition

Resale: Yes

Documents Available

Existing Survey: Yes
Investment Analysis: Yes
Photos: Yes
Rent Rolls: Yes

Possession

Close Of Escrow: Yes

Building Features

Laundry Facilities: Yes
Pool: Yes

Heating

Central Individual: Yes

Sale Includes

Building: Yes
Fixtures: Yes
Furniture: Yes
Inventory: Yes
Land: Yes
Machinery: Yes

Construction Materials

CBS: Yes
Concrete: Yes

Listing Terms

1031 Exchange: Yes
Assumable: Yes
Cash: Yes
Owner Will Carry: Yes

Roof

Other: Yes

Security Features

Smoke Detector(s): Yes

Cooling

Central Individual: Yes

Showing Requirements

Text Listing Agent: Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot: Yes
Less Than 1 Acre Lot: Yes

Listing Office: Keller Williams Realty Services

Last Updated: April - 24 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

105 NE 16th Terrace, Fort Lauderdale, FL 33301 (MLS# R11142640)