105 NE 16th Terrace Fort Lauderdale, FL $ 3,300,000
105 NE 16th Terrace
$ 3,300,000
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105 NE 16th Terrace

Fort Lauderdale, FL, 33301
$ 3,300,000
Bedrooms-- Baths15.0

Monthly Estimate*

$ 20,319

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Commercial Property for sale in Fort Lauderdale, FL

for $3,300,000 with 15 full baths. This building was built in 1953 on a lot size of 0.28.

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.

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Commercial Active

Price

$ 3,300,000

Full Bath

15

Property Type

Commercial

Taxes

$ 56,647

Style

Lot Size

0.28

Year Built

1953

Town/City

Fort Lauderdale

County/Region

Broward

MLS | Web ID

R11142640

Features
General
Heating Central Individual
Cooling Central Air
Possession Close Of Escrow
Roof Other
Pool Features Community
Security Features Smoke Detector(s)
Construction Materials Block Concrete
Year Built 1953
Electric 3 Phase
Stories Count 2
Levels Two
Property Subtype Multi Family
Tax Year 2025
Community Features Laundry Facilities Pool
County Broward
New Construction false
Property Type Commercial Sale
Status Active
City Fort Lauderdale
Number Of Units Total 14
MLS Area 3280
Tax Annual Amount 56647
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/105-NE-16th-Terrace-Fort-Lauderdale-FL-33301--RX-11142640/unbranded
Standard Status Active
Property Sub Type Additional Multi Family
Legal Description VICTORIA PARK CORR AMEN PLAT 10-66 B LOT 14 15 BLK 5
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Total Baths 15
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Exterior
Parking Features Assigned Guest
Lot Features 1/4 to 1/2 Acre Lot
Lot Size Area 12196.8
Lot Size Acres 0.28
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* Excluded Features
List By
Stephen Molinari

Listing Agent

Affordability Calculator

$25,039
Per Month
81%
19%
0%
Monthly Principal & Interest
$20,319
Monthly Property Taxes
$4,721
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/28/2026$3,300,000 -7.04% Price Down
2/20/2026$3,550,000 Listed Price

Map


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105 NE 16th Terrace, Fort Lauderdale, FL, 33301 is a Commercial Property for sale at $3,300,000 with a lot size of 0.28. 105 NE 16th Terrace has 15.0 baths and was built in 1953. The property's zip code is 33301 which is in Fort Lauderdale, FL