Multi Family for sale

$2,450,000

806 NE 16th Place #8Fort Lauderdale, FL 33305

  • 10,997 Lot sq ft
  • 1970 Built

About this home

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.

Details

MLS #
B26031058
Property type
Multi Family
Status
Active
Days on market
143
County
Broward County
Property taxes
$25,362 (2025)
Waterfront
No
Private pool
No
Cooling
Ceiling Fan(s), Wall/Window Unit(s)

Location

Estimated payment

$14,502/mo with 20% down at 6.5% for 30 years, including taxes, before insurance.

Adjust in the mortgage calculator

Listing courtesy of Gibson Real Estate Services · Rosy A Baron. Listing last updated October 10, 2026 3:30 AM.

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The multiple listing information is provided by the MIAMI Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 MIAMI Association of REALTORS®. All rights reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated October 24, 2026 10:55 PM.

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