105 NE 16th Terrace Fort Lauderdale, FL $ 3,650,000
105 NE 16th Terrace
$ 3,650,000
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105 NE 16th Terrace

Fort Lauderdale, FL, 33301
$ 3,650,000
Bedrooms-- Baths15.0

Monthly Estimate*

$ 22,771

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Commercial Property for sale in Fort Lauderdale, FL

for $3,650,000 with 15 full baths. This building was built in 1953.

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.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

$ 3,650,000

Full Bath

15

Property Type

Commercial

Taxes

$ 56,647

Style

Income

Year Built

1953

Town/City

Fort Lauderdale

County/Region

Broward

MLS | Web ID

RX11142640

Features
General
Construction CBS Concrete
Heating Central Individual
Cooling Central Individual
Utilities Electric
Possession At Closing
Roof Other
Zoning RC-15
Status Active
Year Built 1953
Stories Count 2.0
Type MultiFamily (5+ Units)
Property Type E
Area 3280
Auction No
Tax Year 2025
Terms Considered Cash Conventional
Use Income
Misc. Laundry Pool
Virtual Tour https://www.propertypanorama.com/105-NE-16th-Terrace-Fort-Lauderdale-FL-33301--RX-11142640/unbranded
Geo Area FTSE
Legal Description VICTORIA PARK CORR AMEN PLAT 10-66 B LOT 14 15 BLK 5
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Exterior
Waterfront No
Lot Size 0.28
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Interior
Flooring Tile
Total Number of Units 14
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Internal Only
OriginalMLSID RX-11142640
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* Excluded Features
List By
Stephen Molinari

Listing Agent

Keller Williams Realty Services

Broker

stephen@molinaricommercial.com

Email

Affordability Calculator

$27,492
Per Month
83%
17%
0%
Monthly Principal & Interest
$22,771
Monthly Property Taxes
$4,721
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
368239 Elementary School
368240 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/2/2025$3,650,000 -2.67% Price Down
11/21/2025$3,750,000 Listed Price

Map


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105 NE 16th Terrace, Fort Lauderdale, FL, 33301 is a Commercial Property for sale at $3,650,000. 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