1301 NE 16TH TER #1-9, Fort Lauderdale, FL 33304
1301 NE 16TH TER #1-9, Fort Lauderdale, FL 33304
1301 NE 16TH TER #1-9, Fort Lauderdale, FL 33304
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$2,600,000
Est. payment /mo
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2,806 SqFt
New

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

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Patricia Valino Gonzalez

Patricia Valino Gonzalez

+1(305) 354-0598

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,806 sqft

Price per Sqft $926

MLS Listing ID B26052973

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

Interior

Heating Central

Cooling Central Air, Ceiling Fan(s)

Flooring Tile

Exterior

Exterior Feature Fence

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

Roof Type Composition,Shingle

Total Parking Spaces 9

Private Pool Yes

Building

Lot Description <1 Acre, 1/4 to 1/2 Acre Lot, Sprinklers Automatic

Story 1

Sewer Not Connected (at lot), Public Sewer, Other

Water Public, Other

Level or Stories One

Structure Type Block

Others

Senior Community No

Tax ID 494234028110

Security Features Fire Alarm,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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

Miami Association of Realtors (SEFMIAMI MLS)
Listed by One Sotheby's International Realty

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+1(305) 354-0598
https://patriciavalinorealty.com
Cape Coral, FL, USA
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1301 NE 16TH TER #1-9