Date
Details
Price
Change
Source
5/20/2026
Listed
$2,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/21
$2,450,000
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1/21
Property Description
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.
Full Property Details
Full Property Details for 806 NE 16th Pl #1-8
General
- Price: $2,450,000
- Taxes: $25,362 (2025)
- Status: Active
- Type: Commercial Multi-Family
- Source: Regional
- MLS ID: B26031058
- Updated: 5/20/2026
- Added to Site: 14 day(s) ago
Business
- Business Type: Rental
Interior
- Flooring: Terrazzo, Tile, Wood
Additional Information
- Security/Safety: Gated Community, None
Parking
- Total Spaces: 9
- Parking Features: Assigned
Location
- County: Broward
- Building Name: 806
- Driving Directions: SUNRISE BLVD, TO NE 4TH AVE GO NORTH, THEN ON NE 16TH STREET GO EAST, THEN LEFT ON NE 8TH AVE, THEN RIGHT ON NE 16TH PL. PROPERTY ON THE RIGHT.
- Dist. to Freeway: 5
Community
- Community Name: 3370
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Other, Sewer Connected, Water Connected
- # Electric Meters: 9
Structural Information
- # Buildings: 1
- Construction: Stucco
- Roof: Flat, Tile
- Stories/Levels: 2
- Building Size: 6606
- Year Built: 1970
- Property Condition: Resale
- Other Struct. Feat.: Other
Lot Features
- Lot Size (Acres): 0.25
- Frontage: City Street, Asphalt
- Road Maintenance: Public Maintained Road
- Lot Features: City Lot, Interior Lot, Sprinkler System
- Zoning: RDS-15
- Fencing (Description): Back Yard, Fenced, Gate, Privacy, Wood
Financial Considerations
- Assessment Amount: $1,135,550
- Tax Amount: $25,362.83
- Tax Year: 2025
- Terms: Cash, Conventional, Other
- Tenant Pays: Electricity, Other, Water
Disclosures and Reports
- Special Conditions: Standard, Listed As-Is
- Documents Avail.: Ground Photo, Inventory, Lease, Rent Rolls
- Legal Description: LAUDERDALE PARK 6-33 1/2 B LOT 7, 8 BLK 6
- Disclosures/Rstr.: Owner Is Listing Agent
- Property ID: 494235040770
Listed by Gibson Real Estate Services
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Listing agent
— 806 NE 16th Pl #1-8 —
Gibson Real Estate Services
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Schools
Schools serving 806 NE 16th Pl #1-8
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Bennett Elementary School 1755 Northeast 14th Street, Fort Lauderdale, FL 33304 | K-5 | 0.8 mi |
Sunrise Middle School 1750 Northeast 14th Street, Fort Lauderdale, FL 33304 | 6-8 | 0.9 mi |
Fort Lauderdale High School 1600 Northeast 4th Avenue, Fort Lauderdale, FL 33305 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 806 NE 16th Pl #1-8
Estimate the Cost
Estimate the Cost for 806 NE 16th Pl #1-8
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806 NE 16th Place #1-8, Fort Lauderdale, FL (MLS# B26031058) is a Commercial Multi-Family property. 806 NE 16th Place #1-8 is currently listed for $2,450,000 and was received on May 20, 2026. Want to learn more about 806 NE 16th Place #1-8? 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.