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.
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.
***SELLER FINANCING AVAILABLE: ASSUMABLE: 35% down, 5% interest rate (Amortized over 30-years) with a 8-year balloon due Jan 2034
Can be bought individually or part of a portfolio with 811 SE 16th St, Fort Lauderdale - 22 units - located approximately 2 miles to the south in the Harbordale neighborhood.