$1,229,000 Sale

Listed 11 hours ago

824 NE 16TH Street

MLS® b26096945 Multi Family

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Beds · 0

Baths · 0

Parking · 12

Sqft · -

Est. mortgage

$4,662/mo

Property Taxes

$15,221/yr

Association Fee

$0.00/mo

Key Facts

Key facts for 824 NE 16TH Street

Property Type

Apartment, Unspecified

Parking

12 parking

MLS #

B26096945

Size

Basement

Listed on

Lot size

Tax

$15,221 /yr

Days on Market

Year Built

1970

Maintenance Fee

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 th...e 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.

Full Property Details

Interior

Washrooms

Heating

Electric,Wall Furnace

Air Conditioning

Yes

Cooling

Electric,Wall/Window Units

Flooring

Hardwood,Tile,Wood

Appliances

Unspecified

Washrooms

Heating

Electric,Wall Furnace

Air Conditioning

Yes

Cooling

Electric,Wall/Window Units

Flooring

Hardwood,Tile,Wood

Appliances

Unspecified

Exterior

Front

9759.00

Acreage

0.22

Lot Size

9759.00 acres

View

Unspecified

Waterfront

Unspecified

Parking Spaces

Total Parking Spaces

Garage Spaces

Zoning

RS-8

Front

9759.00

Acreage

0.22

Lot Size

9759.00 acres

View

Unspecified

Waterfront

Unspecified

Parking Spaces

Total Parking Spaces

Garage Spaces

Zoning

RS-8

Building Description

Style

Unspecified

Property Type

Commercial Sale

Home Type

Apartment

Subtype

Multi Family

Year Built

1970

Sewers

NotConnectedAtLot,PublicSewer,Other

Water Supply

Public

StoriesTotal

Roof Type

Composition,Shingle

Style

Unspecified

Property Type

Commercial Sale

Home Type

Apartment

Subtype

Multi Family

Year Built

1970

Sewers

NotConnectedAtLot,PublicSewer,Other

Water Supply

Public

StoriesTotal

Roof Type

Composition,Shingle

Community

County

Broward

Area Code

3370

County

Broward

Area Code

3370

Taxes & Fees

Taxes

$15,221 /yr

Tax Year

2025

Financing Terms

Cash,Conventional,Exchange1031

HOA Fee

$0.00 /mo

Taxes

$15,221 /yr

Tax Year

2025

Financing Terms

Cash,Conventional,Exchange1031

HOA Fee

$0.00 /mo

Other

Virtual Tour Link

https://www.propertypanorama.com/824-NE-16TH-Street-Fort-Lauderdale-FL-33304/unbranded

Pets

Unspecified

Virtual Tour Link

https://www.propertypanorama.com/824-NE-16TH-Street-Fort-Lauderdale-FL-33304/unbranded

Pets

Unspecified

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Isac Keboudi

Email: [email protected] Cell: 305-606-7879