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Active Multi Family
$2,600,000
1301 NE 16TH Terrace # 9, Fort Lauderdale FL 33304, Fort Lauderdale, FL 33304
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
1949
Year Built

About This Property

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.

Property Details

Property Type Multi Family
Days on Market 7 days
HOA Fee None
Parking 9 spaces
Pool No
Waterfront No
Community
Pets Allowed

Assigned Schools

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School Grades Report Card
Bennett Elementary
Elementary
PK–05
Sunrise Middle
Middle
6–8
Fort Lauderdale High
High School
9–12

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Broward County Public Schools's official locator to confirm.

Location

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Dayron Crespo
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