811 SE 16th Street,Fort Lauderdale, FL 33316
Fort Lauderdale, FL 33316
Description
Introducing a rare multifamily investment opportunity in the highly sought-after Harbordale neighborhood of East Fort Lauderdale. This 22-unit property at 811 SE 16th Street is strategically positioned along the 17th Street Causeway corridor-one of the city's strongest rental and commercial submarkets-offering unmatched connectivity, high occupancy demand, and long-term appreciation fundamentals. **Attractive Assumable Seller Financing Available The property is surrounded by major demand drivers including Port Everglades, Fort Lauderdale-Hollywood International Airport, Broward Health Medical Center, Downtown Fort Lauderdale, and the rapidly expanding 17th Street retail and restaurant corridor. With walkability to shopping, dining, supermarkets, and public transportation, the location appeals to both working professionals and seasonal renters. Harbordale continues to benefit from rising household incomes, luxury residential growth, and sustained rental demand, making it a high-performance submarket for investors seeking stable cash flow and long-term value creation. This asset represents a compelling opportunity to acquire scale in one of South Florida's most competitive multifamily markets. Can be sold individually or as part of a portfolio with 105 NE 16th Ter, Fort Lauderdale - which is located approximately 2 miles north in Victoria Park.
Details
| MLS # | R11142630 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1969 |
| Days On Site | 302 |
| Listing Provided By | Keller Williams Realty Service | Stephen Molinari |
Features
| Bath(s) | 22 |
|---|---|
| Story(s) | 2 |
| Units | 22 |
| Zoning | RMM-25 |
| Acreage | 0.43 |
Exterior
| Lot Features | City Lot, Quarter To Half Acre Lot |
|---|
Taxes
| Tax Annual Amount | 86481 |
|---|
Location
| Community Features | Laundry Facilities, Shopping |
|---|
Area Information
| State | FL |
|---|---|
| County | Broward |
| City | Fort Lauderdale |
| Zip Code | 33316 |
| Area | 3600 |
| Subarea | FTSE Ft Lauderdale SE (3280 3282;3600;3800) |
| Listing VS Median (in 33316) | |
Price: $4,800,000 low | high Med: $322,500 On site: 302 low | high Med: 161 | |
Market Activity 33316
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Learn More About This Property
| State | FL |
|---|---|
| County | Broward |
| City | Fort Lauderdale |
| Zip Code | 33316 |
| Area | 3600 |
| Subarea | FTSE Ft Lauderdale SE (3280 3282;3600;3800) |
| Listing VS Median (in 33316) | |
Price: $4,800,000 low | high Med: $322,500 On site: 302 low | high Med: 161 | |
