806 NE 16th Place # 1-8, Fort Lauderdale, FL 33305

About This Home

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

Flooring

Terrazzo, Tile, Wood

Heating

Window/Wall

Cooling

Ceiling Fan(s), Wall/Window Unit(s)

Parking Features

Assigned, Limited # Of Vehicle

Building & Association

Stories

2

Stories Total

2

Association

No

Association Fee

0

Security Features

No Fire Protection, No Security

Lot & Construction

Lot Features

City Location, Interior Lot, Sprinklers, Fenced

Lot Size Square Feet

10,997

Waterfront

No

View

No

Construction Materials

Stucco

Roof

Tile, Flat Tile, Flat Roof With Facade Front, Tile Roof

New Construction

No

Public Records

Parcel Number

494235040770

Tax Annual Amount

$25,362

Tax Year

2,025

Zoning

RDS-15

County Or Parish

Broward County

Location