806 NE 16th Place # 8, Fort Lauderdale FL 33305

About This Property

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.

Property Details

Property Type

Multi Family

Status

Active

MLS #

B26031058

Building Area

6,606 SF

Lot Size

0.25 acres

Year Built

1970

Zoning

RDS-15

Units

8

Days on Market

19

Price

$2,450,000