1301 Ne 16th Terrace #1-9, Fort Lauderdale, FL

$2,400,000

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0.26

Acres

About 1301 Ne 16th Terrace #1-9

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.

Features of 1301 Ne 16th Terrace #1-9

MLS® # B26052973
USD $2,400,000
CAD $3,311,232
CNY 元16,106,880
EUR €2,065,231
GBP £1,772,940
RUB ₽208,202,640
Acres 0.26
Year Built 1949
Type Residential
Sub-Type Multi Family
Status Price Change
HOPA No Hopa

Community Information

Address 1301 Ne 16th Terrace #1-9
Area 3380
City Fort Lauderdale
County Broward
State FL
Zip Code 33304

Amenities

Utilities Cable Available, Electricity Available, Sewer Available, Water Available
Parking Assigned, On Street

Interior

Heating Central
Cooling Central Air, Ceiling Fan(s)
# of Stories 1

Exterior

Roof Shingle
Construction CBS

Listing Details

Listing Map

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