
$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.
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
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