SQUARE FEET6,606
MLS#B26031058
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
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 Features
Property Type: Commercial - Business
Cooling: Ceiling Fan(s), Wall/Window Unit(s)
Fenced: Yes
Heating: Window/Wall
Home Style: Rental
Lot Size: 0.25 Acres
Roof Type: Flat, Tile
Stories: 2.0
Taxes: $25,362
Year Built: 1970
Feature Descriptions
Building Features: Laundry Facilities, Other
Days on Site: 11
Exterior: Stucco, Concrete Block - With Stucco
Fencing: Back Yard, Fenced, Gate, Privacy, Wood
Flooring: Tile, Terrazzo, Wood
Lot: Interior Lot
Lot: Interior Lot
Parcel#: 494235040770
Parking: Assigned
Parking Notes: Assigned
Restrictions: Limited # Vehicles
Security: Gated - No Guard, None
Sewer: Public Sewer
Sprinkler: Other Sprinkler
Units: 8
Utilities: Electricity Available, Other, Sewer Connected, Water Connected
Utilities: Electricity Available, Other, Sewer Connected, Water Connected
Water: Public
Listed By / Shown By
Listed By
Agency Name: Gibson Real Estate Services
Agency Phone: 954-909-0195
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
806 NE 16th Place, Unit 1-8 | MLS# B26031058
This commercial property located at 806 NE 16th Place, Unit 1-8, Fort Lauderdale, FL 33394 is currently listed for sale with an asking price of $2,450,000. Search Fort Lauderdale real estate on www.realtymark.net today.