806 NE 16th Place Unit 1-8, Fort Lauderdale, FL Not Provided
- $2,450,000
- List Price
- $2,450,000
- Days on Market
- 119
- MLS#
- B26031058
- Year Built
- 1970
- Acres
- 0.25
- Building Name
- 806
- MLS Area Major
- 3370
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.
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Additional Information
- Taxes
- $25,362
- Utilities
- Electricity Available, Other, Sewer Connected, Water Connected
- Heating
- Wall Furnace
- Air Conditioning
- Ceiling Fan(s), Wall/Window Unit(s)
- Exterior Construction
- Stucco
- Roof
- Flat, Tile
Listing courtesy of Gibson Real Estate Services. Contact: