$2,450,000

806 NE 16th Place 1-8, Fort Lauderdale FL

Price per sqft$370.87

Built in1970

Property size6,606 sqft

Property typeCommercial

Courtesy of Rosy A Baron with Gibson Real Estate Services

Overview

Active

Listed May 20, 2026

Updated 3 weeks ago

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.

Other Property Details

Taxes: $25,363
Tax Frequency: Annually

Courtesy of Gibson Real Estate Services, Rosy A Baron,
Listing Contact: 954-909-0195

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 10/11/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 6:05 AM UTC, 10/11/2026