See all 29 photos

$2,600,000

Est. payment - /mo

Save Virtual Tour

2,806 SqFt

New

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

Save Virtual Tour

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Bryan Bergstein

eXp Realty

bryan@luxurypremierestates.com +1(561) 562-1356

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,806 sqft

Price per Sqft $926

MLS Listing ID B26052973

Construction Status Resale

HOA Y/N No

Year Built 1949

Annual Tax Amount $36,775

Tax Year 2025

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Multi Family

Property 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.

Location

State FL

County Broward

Area 3380

Zoning RC-15

Interior

Interior Features InteriorFeatures

Heating Central

Cooling Central Air, Ceiling Fan(s)

Flooring Tile

Fireplace No

Exterior

Parking Features Assigned, On Street

Fence Fenced, Full

Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available

Water Access Desc Public,Other

Roof Type Shingle

Street Surface Asphalt

Accessibility None

Road Frontage City Street

Total Parking Spaces 9

Building

Lot Description City Lot, None, 1/4 to 1/2 Acre Lot, Sprinklers Automatic

Story 1

Sewer Public Sewer

Water Public, Other

Structure Type Block

New Construction No

Construction Status Resale

Others

Tax ID 494234028110

Security Features Fire Alarm,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/1301-NE-16TH-Terrace-Unit-19-Fort-Lauderdale-FL-33304--B26052973/unbranded

Listed by Marc L Coriaty One Sotheby's International Realty

GET MORE INFORMATION

Bryan Bergstein

Team Leader | License ID: 3652438

+1(561) 562-1356

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

Bryan Bergstein

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

1301 NE 16TH TER #1-9