21
$2,450,000 Sale
Listed 3 days ago
806 NE 16th Place #1-8
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· 9
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Key Facts
Key facts for 806 NE 16th Place #1-8
Property Type
Apartment, Unspecified
Parking
Assigned 9 parking
MLS #
B26031058
Size
-
Basement
-
Listed on
-
Lot size
-
Tax
$25,362 /yr
Days on Market
-
Year Built
1970
Maintenance Fee
$ 0/mo
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. T...he 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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Listing courtesy of: Gibson Real Estate Services