$4,740,000
$4,800,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
22 Baths
0.43 Acres Lot
SOLD DATE : 09/25/2026
Key Details
Sold Price $4,740,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID R11142630
Sold Date 09/25/26
Construction Status Resale
HOA Y/N No
Year Built 1969
Annual Tax Amount $86,481
Tax Year 2025
Contingent None
Lot Size 0.430 Acres
Acres 0.43
Property Sub-Type Multi Family
Property Description
Introducing 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. **Attractive Assumable Seller Financing Available 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 sold individually or as part of a portfolio with 105 NE 16th Ter, Fort Lauderdale - which is located approximately 2 miles north in Victoria Park.
Location
State FL
County Broward
Community Laundry Facilities, Shopping
Area 3600
Zoning RMM-25
Interior
Interior Features InteriorFeatures
Heating Central, Individual
Cooling Central Air
Flooring Tile
Fireplace No
Exterior
Community Features Laundry Facilities, Shopping
Amenities Available Beach Access
Roof Type Flat
Building
Lot Description City Lot, 1/4 to 1/2 Acre Lot
Entry Level Two
Level or Stories Two
Structure Type Block,Concrete
New Construction No
Construction Status Resale
Others
Tax ID 504214031890
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Private
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