Homes for sale in Fort Lauderdale
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Multi Family
806 NE 16th Place # 8
Fort Lauderdale, FL 33305
$2,450,000
- Year built
- 1970
Listing courtesy of Rosy A Baron, Gibson Real Estate Services
About this home
Exceptional prime investment opportunity in a highly desirable Fort Lauderdale location just steps from Wilton Manors and vibrant Wilton Drive. This well-maintained 8-unit multifamily property features spacious 2-bedroom, 1-bath units with large bedrooms, terrazzo floors, impact windows, and more. The property enjoys strong year-round occupancy and includes a common laundry area that generates additional income. Current leases do not include water, offering a new owner the opportunity to further increase revenue potential. Ideal for investors seeking flexibility, this property presents the opportunity to operate as a combination of short-term furnished rentals and long-term annual leases. Conveniently located just a few miles from the beach, shopping, dining, and major highways.
Details
Property
- Type
- Multi Family
- Year built
- 1970
- Stories
- 2
- Lot size
- 10,997 sq ft
- County
- Broward County
Interior
- Flooring
- Terrazzo, Tile, Wood
- Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
- Heating
- Window/Wall
Exterior and parking
- Parking
- Assigned, Limited # Of Vehicle
- Construction
- Stucco
- Roof
- Tile, Flat Tile, Flat Roof With Facade Front, Tile Roof
Community and fees
- Maintenance includes
- Landscaping/Lawn Maintenance, Sewer, Water
- Security
- No Fire Protection, No Security
- Annual taxes
- $25,362
- 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 September 21, 2026.