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$1,249,900

  • For Sale
  • Active
  • Commercial Multi-Family
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Legal 5 units building now operated as 6 unit residential income property. 4-1 bed 1 bath units, 1 efficiency and a 2 bed 1 bath unit. Separate laundry room for additional income, impact windows. Good for owner occupied or Airbnb. Close to the beach and downtown. Separate electrical meters, owner pays water, sewer and garbage. Gross YR now 99,600 with potential income 117,600 ,long term stable tenant and very generous landlord

Full Property Details for 1129 NE 16th Ave #1-5

General

  • Price: $1,249,900
  • Taxes: $23,250 (2025)
  • Status: Active
  • Type: Commercial Multi-Family
  • Source: Regional
  • MLS ID: F10517299
  • Updated: 2/19/2026
  • Added to Site: 207 day(s) ago

Interior

  • Flooring: Tile

Parking

  • Total Spaces: 6
  • Parking Features: Common

Location

  • County: Broward
  • Driving Directions: USE GPS

Community

  • Community Name: 3380

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central, Individual

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Structure Type: Warehouse
  • Construction: Block
  • Stories/Levels: 1
  • Building Size: 3022
  • Year Built: 1964
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 6,751.8
  • Lot Features: Interior Lot, Residential Lot
  • Zoning: RC-15

Financial Considerations

  • Assessment Amount: $1,073,570
  • Tax Amount: $23,250
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: PROGRESSO 2-18 D LOT 5 BLK 156
  • Property ID: 494234043360

Listed by RE/MAX Select Group

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— 1129 NE 16th Ave #1-5 —

  • RE/MAX Select Group

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1129 NE 16th Ave #1-5

School District:Broward County School District
NameGradesDistance
Bennett Elementary School
1755 Northeast 14th Street, Fort Lauderdale, FL 33304
K-50.4 mi
Sunrise Middle School
1750 Northeast 14th Street, Fort Lauderdale, FL 33304
6-80.4 mi
Fort Lauderdale High School
1600 Northeast 4th Avenue, Fort Lauderdale, FL 33305
9-121.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1129 NE 16th Ave #1-5 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/29/2026
Price Reduced
$1,249,900
-2.28%
MLS
7/28/2025
Listed
$1,279,000
236.58%
MLS
12/28/2018
Sold
$380,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1129 NE 16th Ave #1-5

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,838
—
$330,130
3%
2024
$5,838
2%
$320,830
3%
2023
$5,708
9%
$311,490
6%
2021
$5,249
-3%
$293,620
-3%
2022
$5,409
3%
$302,420
4%
2021
$5,249
9%
$289,570
2%
2019
$4,811
42%
$283,060
32%
2018
$3,393
1%
$213,980
2%
2017
$3,368
-1%
$209,580
2%
2016
$3,387
252%
$205,270
162%
2015
$962
-1%
$78,300
—
2014
$976
17%
$78,300
22%
2013
$836
—
$64,060
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1129 NE 16th Ave #1-5

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by RE/MAX Select Group

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1129 NE 16th Avenue #1-5, Fort Lauderdale, FL 33304 (MLS# F10517299) is a Commercial Multi-Family property. 1129 NE 16th Avenue #1-5 is currently listed for $1,249,900 and was received on July 28, 2025. Want to learn more about 1129 NE 16th Avenue #1-5? Do you have questions about finding other Commercial Multi-Family real estate for sale in Fort Lauderdale? You can browse all Fort Lauderdale real estate or contact a Coldwell Banker agent to request more information.

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