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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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1301 NE 16th Terrace 1-9 , Fort Lauderdale, FL 33304
$2,600,000
Est. Payment: $13,122.40/mo
0 Bed
0 Bath
2806 Sqft
Status: active | Days on site: 7
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House Description

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.

Highlights

Listed by Marc L Coriaty , 774-644-9195 One Sotheby's International Realty , 561-997-7227. REALTOR Association of Greater Miami and the Beach

Property Type

Commercial Sale

Lot/Acreage
0.26

Year Built

1949

County

Broward

Area

3380

Listing ID

B26052973

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Floor:Tile
Other:Public,Other

Exterior Features

Lot:<1 Acre,1/4 to 1/2 Acre Lot,Sprinklers Automatic
Garage Capacity:9
Zoning:RC-15
Roof:Composition,Shingle
Others:Fence
Sewer:Not Connected (at lot),Public Sewer,Other
Parking Features:Assigned,On Street
Principal Interest
$13,122
Taxes
$3,065

Home Price

$2,600,000

Loan Details

30 yrs
6.482%

Down Payment

20%
$520,000
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:
$13,122.40

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,122.40 $3,064.58 $0.00 $16,186.99
Yearly $157,468.83 $36,775.00 $0.00 $194,243.83
Total $4,724,064.76 $1,103,250.00 $0.00 $5,827,314.76

Today's Rates

30 Year

6.48%

20 Year

6.26%

15 Year

5.94%

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Average Days on Market

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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: 2026-08-02T05:56:59.000Z

© 2026 REALTOR Association of Greater Miami and the Beach