$2,400,000
1301 NE 16TH Terrace 1-9
Fort Lauderdale, FL 33304
Explore the area: Fort Lauderdale homes for sale · Broward County real estate
Price Check
How this price compares
- List price
- $2,400,000
- Price per sq ft
- N/A
- Original price
- $2,600,000
- Days on market
- 69
This commercial property in ZIP 33304 is listed at $2,400,000. The asking price has come down 7.7% from its original $2,600,000. It has been on the market for 69 days.
Estimated monthly payment
$12,613 /mo
Principal and interest only, based on $480,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $2,400,000
- Days on Site
- 69 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 2,806 sqft
- Lot Size
- 0.26 Acres
- Year Built
- 1949
- Property Type
- Commercial
- MLS #
- B26052973
- Property Tax
- $36,776 (2025)
- County
- Broward
- Status
- Active
- Special Conditions
- Standard
About This Property
Positioned in one of Fort Lauderdale's fastest-growing neighborhoods, 1301-1305 NE 16th Terrace presents an outstanding opportunity to acquire a well-located 9-unit multifamily property surrounded by significant new development and ongoing neighborhood revitalization. The property offers a desirable unit mix consisting of: 1- 2BD 1BA, 1- 2BD BA, 7- 1BD 1BA residences. Its prime location places residents just minutes from Fort Lauderdale Beach, Downtown Fort Lauderdale, Las Olas Boulevard, and Wilton Manors, while providing quick access to I-95, US-1, shopping, dining, entertainment, and major employment centers. This highly connected location continues to attract strong rental demand from professionals, seasonal residents, and those seeking the South Florida lifestyle. The surrounding area is experiencing substantial investment, with numerous luxury residential and mixed-use developments transforming the neighborhood and supporting long-term appreciation potential. Investors will benefit from owning an income-producing asset in a market where continued redevelopment and limited housing supply continue to drive demand. Whether you're looking to expand your multifamily portfolio, execute a value-add strategy, or secure a long-term hold in one of South Florida's most dynamic growth corridors, 1301-1305 NE 16th Terrace offers an exceptional combination of location, unit mix, and future upside. Don't miss the opportunity to invest in a property positioned at the center of Fort Lauderdale's continued growth and redevelopment.
Virtual TourGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 1949
- Property Condition
- Resale
- Number of Stories
- 1
- Parking
- Assigned / On Street
- Lot Size (Acres)
- 0.26
- Total Sq Ft
- 2,806
- Sewer
- Public Sewer
- Water Source
- Public / Other
- Zoning
- RC-15
Interior Features
- Cooling
- Central Air / Ceiling Fans
- Heating
- Central
- Flooring
- Tile
Exterior Features
- Construction
- Block
- Roof
- Shingle
- Lot Features
- City Lot / None / Quarter To Half Acre Lot / Sprinklers Automatic
Community & HOA
- Security
- Fire Alarm / Smoke Detectors
- Utilities
- Cable Available / Electricity Available / Sewer Available / Water Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 3380
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
- 3,557
- Median List Price
- $679,000
- Median $/Sq Ft
- $463
- Avg Days on Market
- 142
Frequently Asked Questions
- How do I schedule a tour of 1301 NE 16TH Terrace 1-9, Fort Lauderdale, FL 33304?
- Use the Tour button on this listing to request a showing of 1301 NE 16TH Terrace 1-9, Fort Lauderdale, FL 33304. 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 1301 NE 16TH Terrace 1-9, Fort Lauderdale, FL 33304 still available?
- 1301 NE 16TH Terrace 1-9, Fort Lauderdale, FL 33304 is currently listed as Active, and has been on the market 69 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 1301 NE 16TH Terrace 1-9, Fort Lauderdale, FL 33304?
- With 20% down ($480,000) on the $2,400,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1301 NE 16TH Terrace 1-9, Fort Lauderdale, FL 33304 is about $12,613/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 1301 NE 16TH Terrace 1-9, Fort Lauderdale, FL 33304?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1301 NE 16TH Terrace 1-9, Fort Lauderdale, FL 33304. 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 1301 NE 16TH Terrace 1-9, Fort Lauderdale, FL 33304?
- Often, yes. The right offer on 1301 NE 16TH Terrace 1-9, Fort Lauderdale, FL 33304 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 One Sotheby's International Realty
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 July 19, 2026.
$2,400,000
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Listed by Marc L Coriaty, One Sotheby's International Realty
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Recent Sales
Recently sold homes in ZIP 33304
These are the last 6 recorded closings in ZIP 33304, with the price each home actually sold for rather than what it was listed at. They closed at a median of $445 per square foot. The most recent closed on September 30, 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$854,500
Sold · September 30, 2026
936 Intracoastal Drive 9H
2 bed · 2 bath · 1,620 sqft · $527/sqft
$40,500 under the asking price
Sold$112,000
Sold · September 28, 2026
2670 E SUNRISE Boulevard 805
1 bed · 1 bath · 591 sqft · $190/sqft
$6,000 under the asking price
Sold$690,000
Sold · September 25, 2026
1436 NE 17TH Terrace
5 bed · 4 bath · 1,668 sqft · $414/sqft
$60,000 under the asking price
Sold$620,000
Sold · September 25, 2026
1344 NE 13TH Avenue
3 bed · 2.5 bath · 2,385 sqft · $260/sqft
$130,000 under the asking price
Sold$1,170,000
Sold · September 25, 2026
1424 NE 16TH Avenue
4 bed · 3 bath · 1,780 sqft · $657/sqft
$25,000 under the asking price
Sold$473,000
Sold · September 23, 2026
1213 NE 13th Street
3 bed · 2 bath · 1,062 sqft · $445/sqft
$500 over the asking price
See every recorded sale in ZIP 33304 or find out what your ZIP 33304 home is worth.
