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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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806 NE 16th Place 1-8 , Fort Lauderdale, FL 33305
$2,450,000
Est. Payment: $13,183.72/mo
6606 Sqft
0.25 Acres
Status: active | Days on site: 143
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House 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.

Highlights

Listed by Rosy A Baron , 954-909-0195 Gibson Real Estate Services , 954-909-0195. REALTOR Association of Greater Miami and the Beach

Property Type

Commercial Sale

Lot/Acreage
0.25

Year Built

1970

County

Broward

Area

3370

Listing ID

B26031058

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Interior Features

Air Cond:Ceiling Fan(s),Wall/Window Unit(s)
Fireplaces:
Floor:Hardwood,Terrazzo,Tile,Wood
Water:Public

Exterior Features

Lot:Interior Lot,Sprinkler System
Garage Capacity:9
Zoning:RDS-15
Roof:Flat,Tile
Others:
  • ▪ Additional:Fence
Sewer:Public Sewer
Parking Features:Assigned
Principal Interest
$13,184
Taxes
$2,114

Home Price

$2,450,000

Loan Details

30 yrs
7.109%

Down Payment

20%
$490,000
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:
$13,183.72

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,183.72 $2,113.50 $0.00 $15,297.22
Yearly $158,204.68 $25,362.00 $0.00 $183,566.68
Total $4,746,140.29 $760,860.00 $0.00 $5,507,000.29

Today's Rates

30 Year

7.11%

20 Year

6.92%

15 Year

6.43%

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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: 2026-11-02T05:08:58.000Z

© 2026 REALTOR Association of Greater Miami and the Beach