$1,229,000
824 NE 16TH Street
Fort Lauderdale, FL 33304
Explore the area: Fort Lauderdale homes for sale · Broward County real estate
Price Check
How this price compares
- List price
- $1,229,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- N/A
This commercial property in ZIP 33304 is listed at $1,229,000.
Estimated monthly payment
$6,459 /mo
Principal and interest only, based on $245,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,229,000
- Days on Site
- 0 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 3,344 sqft
- Lot Size
- 0.22 Acres
- Year Built
- 1970
- Property Type
- Commercial
- MLS #
- B26096945
- Property Tax
- $15,222 (2025)
- County
- Broward
- Status
- Active
- Special Conditions
- Standard
About This Property
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.
MLS media linkGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 1970
- Number of Stories
- 1
- Lot Size (Acres)
- 0.22
- Total Sq Ft
- 3,344
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- RS-8
Interior Features
- Cooling
- Electric / Wall Window Units
- Heating
- Electric / Wall Furnace
- Flooring
- Tile / Wood
Exterior Features
- Construction
- Brick / CBS Concrete Block Structure / Block
- Roof
- Composition / Shingle
- Lot Features
- Less Than Quarter Acre
Community & HOA
- Security
- None / Smoke Detectors
- Utilities
- Cable Available / Electricity Available / Sewer Available / Water Available
- Financing Terms
- Cash / Conventional / Exchange1031
- 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
- 3,248
- Under Contract
- 508
- Median List Price
- $699,000
- Median Sale Price (October)
- $590,000
- Median $/Sq Ft
- $468
- Avg Days on Market
- 141
Frequently Asked Questions
- How do I schedule a tour of 824 NE 16TH Street, Fort Lauderdale, FL 33304?
- Use the Tour button on this listing to request a showing of 824 NE 16TH Street, 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 824 NE 16TH Street, Fort Lauderdale, FL 33304 still available?
- 824 NE 16TH Street, Fort Lauderdale, FL 33304 is currently listed as Active. 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 824 NE 16TH Street, Fort Lauderdale, FL 33304?
- With 20% down ($245,800) on the $1,229,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 824 NE 16TH Street, Fort Lauderdale, FL 33304 is about $6,459/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 824 NE 16TH Street, Fort Lauderdale, FL 33304?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 824 NE 16TH Street, 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 824 NE 16TH Street, Fort Lauderdale, FL 33304?
- Often, yes. The right offer on 824 NE 16TH Street, 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 Inbal Ruiz
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 November 14, 2026.
$1,229,000
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Listed by Inbal Ruiz, Inbal Ruiz
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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 $1,131 per square foot. The most recent closed on November 12, 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$2,760,000
Sold · November 12, 2026
153 N Seabreeze Boulevard S-1501
2 bed · 3.5 bath · 2,315 sqft · $1,192/sqft
$135,000 under the asking price
Sold$510,000
Sold · November 10, 2026
551 N Fort Lauderdale Beach Boulevard H1715
0 bed · 1 bath · 451 sqft · $1,131/sqft
$89,000 under the asking price
Sold$4,250,000
Sold · November 10, 2026
151 N Seabreeze Boulevard 2204 E
4 bed · 4.5 bath · 2,981 sqft · $1,426/sqft
$249,000 under the asking price
Sold$1,150,000
Sold · November 9, 2026
2845 NE 9th Street 906
3 bed · 3.5 bath · 2,630 sqft · $437/sqft
$49,000 under the asking price
Sold$380,000
Sold · November 9, 2026
604 NE 14th Place
3 bed · 1 bath · 875 sqft · $434/sqft
$19,900 under the asking price
Sold$1,150,000
Sold · November 9, 2026
608 NE 11th Avenue
3 bed · 2.5 bath · 2,288 sqft · $503/sqft
$145,000 under the asking price
See every recorded sale in ZIP 33304 or find out what your ZIP 33304 home is worth.
