Interior
- Bathrooms
- 0
- Flooring
- Hardwood, Terrazzo, Tile, Wood
- Cooling
- Ceiling Fans, Wall Window Units
- Heating
- Wall Furnace
Active · MultiFamily
806 NE 16th Place 1-8, Fort Lauderdale, FL 33305
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.
806 NE 16th Place 1-8, Fort Lauderdale, FL 33305
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Estimated monthly cash flow
-$3,029
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.