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.
Listed By
Agency Name: Gibson Real Estate Services
Agency Phone: 954-909-0195
Shown By
Agent Name: Laura Brannen
Agent Phone: (904) 422-5735
Agency Title: Watson Realty Corp., REALTORS ®
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806 NE 16th Place, Unit 1-8, Fort Lauderdale, FL 33394.
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806 NE 16th Place, Unit 1-8, Fort Lauderdale, FL 33394.
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806 NE 16th Place, Unit 1-8 | MLS# B26031058
This commercial property located at 806 NE 16th Place, Unit 1-8, Fort Lauderdale, FL 33394 is currently listed for sale with an asking price of $2,450,000. Search Fort Lauderdale real estate on www.laurabrannen.com today.