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$2,400,000
89 Days On Site

1301 NE 16TH Terrace 1-9
Fort Lauderdale, FL 33304

For Sale|Multi Family|Active
0
Beds
0
Total Baths
2,806
SqFt
$855
/SqFt
1949
Built
County:
Broward
Call Now: 1-561-540-8122
Is this the listing for you? We can help make it yours.
1-561-540-8122
1301 NE 16TH Terrace 1-91301 NE 16TH Terrace 1-91301 NE 16TH Terrace 1-91301 NE 16TH Terrace 1-9
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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.

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Listing Snapshot
Price 
$2,400,000
Days On Site 
89 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,806 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.26 Acres
Year Built 
1949
MLS® Number 
B26052973
Status 
Active
Property Tax 
$36,775.72
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
a month agoPrice changed to $2,400,000
a month agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Acres 
0.26
Number Of Stories 
1
Parking 
AssignedOn Street
Parking Spaces 
9
Property Sub Type 
Multi Family
Security 
Smoke Detector(s)Fire Alarm
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2806
Utilities 
Cable AvailableElectricity AvailableSewer AvailableWater Available
Water Source 
PublicOther
Zoning 
RC-15
Interior Features
Cooling 
Central AirCeiling Fan(s)
Flooring 
Tile
Heating 
Central
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Exterior Features
Construction Details 
Block
Fencing 
FencedFull
Lot Features 
City Lot
Road Frontage 
City Street
Roof 
Shingle
Community Features
MLS Area 
3380
Financing Terms Available 
CashConventional
Roads 
Asphalt
Listing courtesy of One Sotheby's International Realty

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All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2026-10-13 07:15 PM UTC

Neighborhood & Commute
Source: Walkscore
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