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824 16TH, Fort Lauderdale, FL 33304
Offering:
For Sale
Location:
Fort Lauderdale, FL 33304
Status:
Active
$1,229,000
Deemed reliable but not guaranteed.
Details
Year built:
1970
Lot size:
0.22 acres · 9,759 sq ft
Levels:
One
Stories:
1
Parking:
12 spaces
Annual tax (2025):
$15,221
Assessed value:
$798,290
Type:
Multi-family
MLS ID
B26096945
Virtual tour:
Listed by:
Inbal Ruiz (FLL276810312)
Listing office phone:
954-246-4123
Listing office email:
Listing agent:
Inbal Ruiz (FLL3280747)
Features
Utilities
Available:
Cable Available, Electricity Available, Water Available, Sewer Available
Water source:
Public
Sewer:
Not Connected At Lot, Public Sewer, Other
Description
GREAT INCOME-PRODUCING INVESTMENT OPPORTUNITY IN FORT LAUDERDALE! Well-maintained 5-unit multifamily property generating $9,150 in monthly rental income and $109,800 annually! Featuring one 2-bedroom/2-bathroom unit and four 1-bedroom/1-bathroom units. Each unit includes 2 parking spaces. Four of the five units have been updated. Newer roof. New electrical panels completed in 2026. Currently owner-managed with an estimated 6.11% cap rate. Excellent opportunity to acquire a strong income-producing asset in a desirable Fort Lauderdale location.
Price history
$1,229,000 → $1,229,000
· 1 price changes
Location
824 NE 16TH StreetFort Lauderdale, FL 33304
MLS information
Last updated Nov 6, 2026
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.
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