Fort Lauderdale photo 1
Fort Lauderdale photo 2
Fort Lauderdale photo 3
Fort Lauderdale photo 4
Fort Lauderdale photo 5
Link copied!

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

Offering:
For Sale
Location:
Fort Lauderdale, FL 33304
Status:
Active
$2,400,000
Details
Year built:
1949
Lot size:
0.26 acres · 11,473 sq ft
Levels:
One
Stories:
1
Parking:
9 spaces
Days on market:
54
Annual tax (2025):
$36,775
Assessed value:
$1,728,030
Type:
Multi-family
MLS ID
B26052973
Virtual tour:
Listed by:
One Sotheby's International Realty (FLL279626259)
Listing office phone:
Listing office email:
Listing agent:
Marc L Coriaty (FLL450500990)

Features

Block
Composition
Shingle
Less Than One Acre
Quarter To Half Acre Lot
Sprinklers Automatic
Utilities
Available:
Cable Available, Electricity Available, Water Available, Sewer Available
Water source:
Public, Other
Sewer:
Not Connected At Lot, Public Sewer, Other

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.
Price history
$2,600,000 → $2,400,000 · Reduced by $200,000 (7.7%) · 2 price changes

Location

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

Last updated Sep 8, 2026

Deemed reliable but not guaranteed.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.