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Homes for sale in Fort Lauderdale
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.