10
  • 0
  • Bathroom
  • Sq Ft
  • Area Size
824 NE 16TH Street, Fort Lauderdale FL 33304 | Broward County | B26096945
  • $1,229,000

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.

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This listing is courtesy of Inbal Ruiz.

Listing data courtesy of MIAMI Association of REALTORS (RAPB/GFLR) via Bridge Interactive. Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

  • Address: 16TH
  • City: Fort Lauderdale
  • Zip/Postal Code: 33304

Details

Updated on November 7, 2026 at 11:37 am
  • Property ID B26096945
  • Price $1,229,000
  • Bathroom 0
  • Year Built 1970
  • Property Status Active, Commercial Sale

Additional details

  • Cooling Electric, Wall/Window Unit(s)
  • Heating Electric, Window/Wall
  • Tax Year 2025
  • Flooring Tile, Wood
  • Listing Terms All Cash, Conventional, Exchange
  • Total Stories 1
  • Waterfront No
  • Association No
  • Private Pool No
  • Structure Type Multi Family
  • Annual Tax 15221
  • Building Area 3344
  • Lot Size (Sq Ft) 9759
  • New Construction No
  • Construction Brick, CBS Construction

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