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Homes for sale in Fort Lauderdale
Multi Family

1301 NE 16TH Terrace # 9

Fort Lauderdale, FL 33304
$2,400,000
Year built
1949

Listing courtesy of Marc L Coriaty, One Sotheby's International Realty

About this home

Positioned in one of Fort Lauderdale's fastest-growing neighborhoods, 1301-1305 NE 16th Terrace presents an outstanding opportunity to acquire a well-located 9-unit multifamily property surrounded by significant new development and ongoing neighborhood revitalization. The property offers a desirable unit mix consisting of: 1- 2BD 1BA, 1- 2BD BA, 7- 1BD 1BA residences. Its prime location places residents just minutes from Fort Lauderdale Beach, Downtown Fort Lauderdale, Las Olas Boulevard, and Wilton Manors, while providing quick access to I-95, US-1, shopping, dining, entertainment, and major employment centers. This highly connected location continues to attract strong rental demand from professionals, seasonal residents, and those seeking the South Florida lifestyle. The surrounding area is experiencing substantial investment, with numerous luxury residential and mixed-use developments transforming the neighborhood and supporting long-term appreciation potential. Investors will benefit from owning an income-producing asset in a market where continued redevelopment and limited housing supply continue to drive demand. Whether you're looking to expand your multifamily portfolio, execute a value-add strategy, or secure a long-term hold in one of South Florida's most dynamic growth corridors, 1301-1305 NE 16th Terrace offers an exceptional combination of location, unit mix, and future upside. Don't miss the opportunity to invest in a property positioned at the center of Fort Lauderdale's continued growth and redevelopment.

Details

Property

Type
Multi Family
Year built
1949
Stories
1
Lot size
11,473 sq ft
County
Broward County

Interior

Flooring
Tile
Cooling
Ceiling Fan(s), Central Air
Heating
Central

Exterior and parking

Parking
Assigned, On Street
Construction
CBS Construction
Roof
Comp Shingle Roof, Shingle

Community and fees

Security
Smoke Alarm, Smoke Detector(s), Fire Alarm, Smoke Detector
Annual taxes
$36,775
Terms
All Cash, Conventional

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated October 1, 2026.