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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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105 NE 16th Terrace , Fort Lauderdale, FL 33301
$3,300,000
Est. Payment: $16,655.36/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 253
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Discover an exceptional multifamily investment opportunity in the heart of Victoria Park, one of Fort Lauderdale's most sought-after and rapidly growing neighborhoods. Located at 105 NE 16th Terrace, this well-maintained 14-unit apartment building offers both stable in-place income and significant long-term upside through value-add renovations or a complete redevelopment play. **Attractive Assumable Seller Financing Available Positioned just minutes from Las Olas Boulevard, Flagler Village, and Fort Lauderdale's world-class beaches, this property benefits from strong tenant demand, walkability, and proximity to dining, entertainment, and major employment hubs. This highly desirable location and site is ideally suited for a boutique townhome community, luxury multifamily development, or elevated repositioning strategy. Whether you're seeking stable cash flow, a premium location for redevelopment, or a long-term hold in a blue-chip neighborhood, this property presents an unparalleled opportunity in one of Fort Lauderdale's most prestigious submarkets. Can be sold individually or as part of a portfolio with 811 SE 16th St, Fort Lauderdale - which is located approximately 2 miles south in the Harbordale neighborhood.

Highlights

Listed by Stephen Molinari , 561-305-6161 Keller Williams Realty Services , 561-245-4000. REALTOR Association of Greater Miami and the Beach

Property Type

Commercial Sale

Lot/Acreage
0.28

Year Built

1953

County

Broward

Area

3280

Listing ID

R11142640

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Floor:Tile

Exterior Features

Lot:<1 Acre,1/4 to 1/2 Acre Lot
Zoning:RC-15
Roof:Other
Parking Features:Assigned,Guest
Principal Interest
$16,655
Taxes
$4,721

Home Price

$3,300,000

Loan Details

30 yrs
6.482%

Down Payment

20%
$660,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$16,655.36

Principal

Taxes

Principal Taxes HOA Total
Monthly $16,655.36 $4,720.58 $0.00 $21,375.94
Yearly $199,864.28 $56,647.00 $0.00 $256,511.28
Total $5,995,928.35 $1,699,410.00 $0.00 $7,695,338.35

Today's Rates

30 Year

6.48%

20 Year

6.26%

15 Year

5.94%

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Market insight data is pulled from the same city as the listing being viewed (Fort Lauderdale, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-02T03:56:26.000Z

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