806 NE 16th Place 1-8, Fort Lauderdale, Florida 33305
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$2,450,000

Commercial for Sale, 806 NE 16th Place 1-8, Fort Lauderdale, Florida 33305

  • MLS#B26031058

Listed By Gibson Real Estate Services

The Commercial Property for Sale located at 806 NE 16th Place 1-8, Fort Lauderdale, Florida 33305 is currently for sale.

Date Updated : Sep 22, 2026
Gibson Real Estate Services

Description

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.

Location

806 NE 16th Place 1-8, Fort Lauderdale, Florida 33305

806 NE 16th Place 1-8, Fort Lauderdale, Florida 33305

Property features

Lot/Land

  • Land/Lot size: 1,022 m² (10,997 ft²)
  • Lot Description: FencedSprinklers

Construction

  • Year built: 1970
  • Roofing: TileFlat Tile
  • Roof type: Flat
  • Exterior: Stucco

Parking/Garage

  • Parking description: LimitedAssigned

Interior Features

  • Floors: TileWoodTerrazzo

Heating and Cooling

  • Cooling System: Ceiling FanWall Or Window Units

Utilities

  • Other utilities: SewerPublicSewer Available Off SitePublic Sewer