811 SE 16th St - Apartments FOR SALE


Fort Lauderdale, FL 33316- Harbordale
$4,950,000 USD
561-305-6161
811 SE 16th St, Fort Lauderdale, FL for Sale
$4,950,000 USD
Apartments - FOR SALE
1/23
null | Request Cap Rate

811 SE 16th St
Fort Lauderdale, FL 33316
Harbordale


HIGHLIGHTS

  • Strong Occupancy Demand driven by proximity to major employers, port/airport, downtown, and service corridor
  • Walkable to 17th Street Causeway Retail & Dining, including Publix, LA Fitness, banks, hotels, and national brands
  • Minutes to Port Everglades & FLL Airport—steady rental demand from travel, medical, maritime, and service industry workforces
  • Surrounding Luxury Development continues to push rental rates upward throughout Harbordale and East Fort Lauderdale
  • Ideal for Long-Term Hold, 1031 Exchange, or Repositioning Strategy
  • Value-Add Upside through interior renovations, updated amenities, rent optimization, and improved management

OVERVIEW

Molinari Commercial is pleased to present a rare multifamily investment opportunity in the highly sought-after Harbordale neighborhood of East Fort Lauderdale. This 22-unit property at 811 SE 16th Street is strategically positioned along the 17th Street Causeway corridor—one of the city’s strongest rental and commercial submarkets—offering unmatched connectivity, high occupancy demand, and long-term appreciation fundamentals. The property is surrounded by major demand drivers including Port Everglades, Fort Lauderdale-Hollywood International Airport, Broward Health Medical Center, Downtown Fort Lauderdale, and the rapidly expanding 17th Street retail and restaurant corridor. With walkability to shopping, dining, supermarkets, and public transportation, the location appeals to both working professionals and seasonal renters. Harbordale continues to benefit from rising household incomes, luxury residential growth, and sustained rental demand, making it a high-performance submarket for investors seeking stable cash flow and long-term value creation. This asset represents a compelling opportunity to acquire scale in one of South Florida’s most competitive multifamily markets. Can be bought individually or part of a portfolio with 105 NE 16th Ter, Fort Lauderdale - 14 units - located approximately 2 miles to the north in Victoria Park.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$400 USD /SF

# OF UNITS

22

PRICE/UNIT

$225,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,909 SF

ZONING

RMM-25

APN/PARCEL ID

50-42-14-03-1890

ASK ABOUT THIS PROPERTY

Stephen MolinariKW CommercialMore Info
561-305-6161

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Stephen MolinariKW CommercialMore Info
561-305-6161

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.