$2,450,000
806 NE 16th Place 1-8
Fort Lauderdale, FL
Explore the area: Fort Lauderdale homes for sale · Broward County real estate
Price Check
How this price compares
- List price
- $2,450,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 143
This commercial property is listed at $2,450,000. It has been on the market for 143 days.
Estimated monthly payment
$12,876 /mo
Principal and interest only, based on $490,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $2,450,000
- Days on Site
- 143 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 6,606 sqft
- Lot Size
- 0.25 Acres
- Year Built
- 1970
- Property Type
- Commercial
- MLS #
- B26031058
- Property Tax
- $25,363 (2025)
- County
- Broward
- Status
- Active
- Special Conditions
- Standard / Listed As Is
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.
MLS media linkGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 1970
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Two
- Parking
- Assigned
- Lot Size (Acres)
- 0.25
- Total Sq Ft
- 6,606
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- RDS-15
Interior Features
- Cooling
- Ceiling Fans / Wall Window Units
- Heating
- Wall Furnace
- Flooring
- Terrazzo / Tile / Wood
Exterior Features
- Construction
- Concrete / Stucco
- Roof
- Flat / Tile
- Lot Features
- City Lot / Interior Lot / Sprinkler System
Community & HOA
- Community Features
- Laundry Facilities
- Security
- Gated Community / None
- Utilities
- Electricity Available / Other / Sewer Connected / Water Connected
- Financing Terms
- Cash / Conventional / Other
- Restrictions
- Limited Number Vehicles
- MLS Area
- 3370
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
- 2,781
- Under Contract
- 489
- Median List Price
- $695,000
- Median Sale Price (September)
- $550,000
- Median $/Sq Ft
- $467
- Avg Days on Market
- 144
Frequently Asked Questions
- How do I schedule a tour of 806 NE 16th Place 1-8, Fort Lauderdale, FL?
- Use the Tour button on this listing to request a showing of 806 NE 16th Place 1-8, Fort Lauderdale, FL. 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 806 NE 16th Place 1-8, Fort Lauderdale, FL still available?
- 806 NE 16th Place 1-8, Fort Lauderdale, FL is currently listed as Active, and has been on the market 143 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 806 NE 16th Place 1-8, Fort Lauderdale, FL?
- With 20% down ($490,000) on the $2,450,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 806 NE 16th Place 1-8, Fort Lauderdale, FL is about $12,876/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 806 NE 16th Place 1-8, Fort Lauderdale, FL?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 806 NE 16th Place 1-8, Fort Lauderdale, FL. 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 806 NE 16th Place 1-8, Fort Lauderdale, FL?
- Often, yes. The right offer on 806 NE 16th Place 1-8, Fort Lauderdale, FL 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 Gibson Real Estate Services
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.
$2,450,000
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Listed by Rosy A Baron, Gibson Real Estate Services
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