$3,300,000
105 NE 16th Terrace
Fort Lauderdale, FL 33301
Explore the area: Fort Lauderdale homes for sale · Broward County real estate
Price Check
How this price compares
- List price
- $3,300,000
- Price per sq ft
- N/A
- Original price
- $3,750,000
- Days on market
- 325
This commercial property in ZIP 33301 is listed at $3,300,000. The asking price has come down 12% from its original $3,750,000. It has been on the market for 325 days.
Estimated monthly payment
$17,343 /mo
Principal and interest only, based on $660,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $3,300,000
- Days on Site
- 325 Days
- Bedrooms
- 0
- Total Baths
- 15
- Lot Size
- 0.28 Acres
- Year Built
- 1953
- Property Type
- Commercial
- MLS #
- R11142640
- Property Tax
- $56,647 (2025)
- County
- Broward
- Status
- Active
About This Property
Discover an exceptional multifamily investment opportunity in the heart of Victoria Park, one of Fort Lauderdale's most sought-after and rapidly growing neighborhoods. Located at 105 NE 16th Terrace, this well-maintained 14-unit apartment building offers both stable in-place income and significant long-term upside through value-add renovations or a complete redevelopment play. **Attractive Assumable Seller Financing Available Positioned just minutes from Las Olas Boulevard, Flagler Village, and Fort Lauderdale's world-class beaches, this property benefits from strong tenant demand, walkability, and proximity to dining, entertainment, and major employment hubs. This highly desirable location and site is ideally suited for a boutique townhome community, luxury multifamily development, or elevated repositioning strategy. Whether you're seeking stable cash flow, a premium location for redevelopment, or a long-term hold in a blue-chip neighborhood, this property presents an unparalleled opportunity in one of Fort Lauderdale's most prestigious submarkets. Can be sold individually or as part of a portfolio with 811 SE 16th St, Fort Lauderdale - which is located approximately 2 miles south in the Harbordale neighborhood.
MLS media linkGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 1953
- Property Condition
- Resale
- Levels
- Two
- Parking
- Assigned / Guest
- Lot Size (Acres)
- 0.28
- Zoning
- RC-15
Interior Features
- Cooling
- Central Air
- Heating
- Central / Individual
- Flooring
- Tile
Exterior Features
- Construction
- CBS Concrete Block Structure / Block / Concrete
- Roof
- Other
- Pool Features
- Community
- Lot Features
- Quarter To Half Acre Lot
Community & HOA
- Community Features
- Laundry Facilities / Pool
- Security
- Smoke Detectors
- Financing Terms
- Assumable / Cash / Exchange1031 / Owner Will Carry
- MLS Area
- 3280
Features & Amenities
About the Area
Browse Fort Lauderdale homes for sale across every neighborhood and price point in Broward. Available homes span single-family, townhome, and condo segments throughout the city. Fort Lauderdale includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Broward, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Broward market data, see Florida Realtors' monthly statistics. Browse the latest Fort Lauderdale listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 2,814
- Under Contract
- 499
- Median List Price
- $694,420
- Median Sale Price (September)
- $550,000
- Median $/Sq Ft
- $467
- Avg Days on Market
- 143
Frequently Asked Questions
- How do I schedule a tour of 105 NE 16th Terrace, Fort Lauderdale, FL 33301?
- Use the Tour button on this listing to request a showing of 105 NE 16th Terrace, Fort Lauderdale, FL 33301. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 105 NE 16th Terrace, Fort Lauderdale, FL 33301 still available?
- 105 NE 16th Terrace, Fort Lauderdale, FL 33301 is currently listed as Active, and has been on the market 325 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 105 NE 16th Terrace, Fort Lauderdale, FL 33301?
- With 20% down ($660,000) on the $3,300,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 105 NE 16th Terrace, Fort Lauderdale, FL 33301 is about $17,343/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 105 NE 16th Terrace, Fort Lauderdale, FL 33301?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 105 NE 16th Terrace, Fort Lauderdale, FL 33301. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 105 NE 16th Terrace, Fort Lauderdale, FL 33301?
- Often, yes. The right offer on 105 NE 16th Terrace, Fort Lauderdale, FL 33301 depends on how it's priced against comparable commercial sales in Fort Lauderdale, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Keller Williams Realty Service
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$3,300,000
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Listed by Stephen Molinari, Keller Williams Realty Service
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Recent Sales
Recently sold homes in ZIP 33301
These are the last 6 recorded closings in ZIP 33301, with the price each home actually sold for rather than what it was listed at. They closed at a median of $425 per square foot. The most recent closed on October 7, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$320,000
Sold · October 7, 2026
40 Isle Of Venice Drive 3
1 bed · 1 bath · 560 sqft · $571/sqft
$20,000 under the asking price
Sold$840,000
Sold · October 5, 2026
347 N New River Drive 1603
2 bed · 2 bath · 1,204 sqft · $698/sqft
$29,000 under the asking price
Sold$615,000
Sold · October 2, 2026
319 Coconut Isle Drive
4 bed · 4.5 bath · 3,886 sqft · $158/sqft
$64,000 under the asking price
Sold$450,000
Sold · October 1, 2026
315 NE 3rd Avenue 2108
2 bed · 2 bath · 1,151 sqft · $391/sqft
$49,000 under the asking price
Sold$300,000
Sold · October 1, 2026
520 SE 5TH Avenue 2202
2 bed · 2 bath · 1,148 sqft · $261/sqft
$19,000 under the asking price
Sold$670,000
Sold · October 1, 2026
506 NE 7TH Avenue #1
3 bed · 3.5 bath · 1,578 sqft · $425/sqft
$5,000 under the asking price
See every recorded sale in ZIP 33301 or find out what your ZIP 33301 home is worth.
