$2,600,000

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

2,806 sqft

Multi-Family Home
Built in 1949
0.26acre lot
—— car garage
$927/sqft
Listed 10 days ago

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.

Listing Status:: Active
Date Added:: July 16, 2026
Data Last Updated:: July 26, 2026 at 2:18PM
Listing Office:: One Sotheby's International Realty : 561-997-7227
Listing Agent:: Marc L Coriaty : 774-644-9195
MLS ID:: B26052973

Flooring: Tile
A/C: Central AirCeiling Fan(s)
Heating: Central
Disability Feature: None

Parking: AssignedOn StreetParking spaces: 9

Roofing: Shingle
General: Block1

Road/Access: City Street
Originating MLS: BEACH_BEACH
County: Broward

Zoning: RC-15PROGRESSO 2-18 D LOT 1112 LESS S 15 BLK 90494234028110
Fencing: FencedFull

Utilities: Cable AvailableElectricity AvailableSewer AvailableWater AvailableSeparate Meters
Water: PublicOther
Sewer: Public Sewer

Source: BEACH_BEACH

This listing courtesy of Marc L Coriaty , One Sotheby's International Realty

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Principal & Interest $
Property Taxes $
Home Insurance $
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