806 Ne 16th Place Unit #1-8, Fort Lauderdale, FL 33305
- $2,450,000
- List Price
- $2,450,000
- Days on Market
- 117
- MLS#
- B26031058
- Year Built
- 1970
- Lot Size
- 10,997
- Acres
- 0.25
Property 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.
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Additional Information
- Taxes
- $25,362
- Community Features
- Not Found
- Property Description
- Multi Family
- Zoning
- RDS-15
- Utilities
- Electricity Connected, Other Utilities Available, Electricity Available, Other, Sewer Available, Water Available
- Heating
- Window/Wall
- Air Conditioning
- Ceiling Fan(s), Wall/Window Unit(s)
- Exterior Construction
- Stucco
- Roof
- Tile, Flat Tile, Flat Roof With Facade Front, Tile Roof
Listing Courtesy Of Gibson Real Estate Services, Contact: