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901 NE 16TH Avenue Fort Lauderdale, FL $ 3,950,000
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901 NE 16TH Avenue
$ 3,950,000
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901 NE 16TH Avenue

Fort Lauderdale, FL, 33304
$ 3,950,000
Bedrooms-- Baths-- Sq 7,772

Monthly Estimate*

$ 27,282

901 NE 16TH Avenue, Fort Lauderdale, FL 33304 - Image 1
901 NE 16TH Avenue, Fort Lauderdale, FL 33304 - Image 2
901 NE 16TH Avenue, Fort Lauderdale, FL 33304 - Image 3
901 NE 16TH Avenue, Fort Lauderdale, FL 33304 - Image 4
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Commercial Property for sale in Fort Lauderdale, FL

for $3,950,000. This 7,772 square foot building was built in 1968 on a lot size of 0.31.

PRIME VICTORIA PARK INVESTMENT OPPORTUNITY! 18-unit multifamily property with pool in desirable Fort Lauderdale location. Offered at $3,950,000 ($219,444/unit). Unit mix: 7 studios, 10 one-bedroom and 1 two-bedroom apartments. Features a landscaped courtyard, swimming pool and two-story building. Minutes from Las Olas Blvd, Downtown, Holiday Park and beaches. Monthly rent roll of $29,095 ($349,140 annually). Seller-reported NOI of approximately $217,494, indicating a 5.5% cap rate. Excellent income-producing investment opportunity.

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Commercial Active

Price

$ 3,950,000

Property Type

Commercial

Taxes

$ 63,998

Style

Lot Size

0.31

Year Built

1968

Town/City

Fort Lauderdale

County/Region

Broward

MLS | Web ID

B26099709
Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Cable Available Electricity Available Sewer Available Water Available
Possession Close Of Escrow
Roof Shingle
Security Features Other
Construction Materials CBS (Concrete Block Structure) Block
Year Built 1968
Electric 110 Volts 220 Volts
Property Subtype Multi Family
Tax Year 2026
Accessibility None
County Broward
Property Type Commercial Sale
Status Active
City Fort Lauderdale
Number Of Units Total 18
MLS Area 3270
Tax Annual Amount 63998.83
MLS Area Minor FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Virtual Tour https://www.propertypanorama.com/901-NE-16TH-Avenue-Fort-Lauderdale-FL-33304/unbranded
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Multi Family
Legal Description PROGRESSO 2-18 D LOT 11 12 BLK 227
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Interior
Flooring Tile
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Assigned On Street
Lot Features 1/4 to 1/2 Acre Lot
Water Source Public
Total Parking 18
Lot Size Area 13500
Number of Buildings 1
Building Area Total 7772
Lot Size Acres 0.31
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* Excluded Features
List By
Inbal Ruiz

Listing Agent

Affordability Calculator

$32,615
Per Month
84%
16%
0%
Monthly Principal & Interest
$27,282
Monthly Property Taxes
$5,333
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
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Pricing History
DatePricePrice ChangeDescription
11/13/2026$3,950,000 Listed Price

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901 NE 16TH Avenue, Fort Lauderdale, FL, 33304 is a Commercial Property for sale at $3,950,000 with 7,772 sqft and a lot size of 0.31. 901 NE 16TH Avenue was built in 1968. The property's zip code is 33304 which is in Fort Lauderdale, FL

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