806 NE 16th Place # 8, Fort Lauderdale FL 33305
Fort Lauderdale, FL 33305
$2,450,000
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- Price
- $2,450,000
- Building size
- 6,606
- Property type
- Multi Family
- Year built
- 1970
- Lot size (sq ft)
- 10,997
- MLS number
- B26031058
This listing is courtesy of Gibson Real Estate Services, 954-909-0195.
About this property
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.
Details
- Property type
- Multi Family
- Year built
- 1970
- Lot size (sq ft)
- 10,997
Location
Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.
Newmar Brokerage, LLC