0 Baths
3,344 sqft
$1,229,000
824 NE 16TH Street, Fort Lauderdale FL, 33304
Price per sqft$367.52
Built in1970
Property size3,344 sqft
Property typeCommercial
Overview
Active
Listed Nov 5, 2026
Updated 4 days ago
GREAT INCOME-PRODUCING INVESTMENT OPPORTUNITY IN FORT LAUDERDALE! Well-maintained 5-unit multifamily property generating $9,150 in monthly rental income and $109,800 annually! Featuring one 2-bedroom/2-bathroom unit and four 1-bedroom/1-bathroom units. Each unit includes 2 parking spaces. Four of the five units have been updated. Newer roof. New electrical panels completed in 2026. Currently owner-managed with an estimated 6.11% cap rate. Excellent opportunity to acquire a strong income-producing asset in a desirable Fort Lauderdale location.
Other Property Details
- Taxes
- $15,222
- Tax Frequency
- Annually
Listed with Inbal Ruiz
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Data last updated 4:38 AM UTC, 11/6/2026
