9 Unit Apartment Building

$2,400,000

Price
$266,667

Price Per Unit

Turnkey Multifamily Asset | Strong Upside in High-Growth Submarket

Exceptional 9-unit turnkey multifamily investment in a high-growth Fort Lauderdale submarket, minutes from Las Olas, Downtown, and the beach. The property features a strong mix of 1BD and 2BD residences across two buildings, with 8 of 9 units fully remodeled in 2024 and major capital improvements in 2025 (new fence, irrigation, and upgraded HVACs). With individually metered electric, 9 assigned parking spaces, and immediate rental upside through vacant unit lease-up, this asset delivers strong cash flow potential with reduced owner expense burden.

ADAM WILCOX

Senior Global Advisor

P. 203.980.8654

E. Awilcox@onesothebysrealty.com

Zack
Statlander SENIOR GLOBAL ADVISOR

M. 5617022015

Contact Zack

Property Info

Investment

Sale Type
9

No. Units
8

No. Units Fully Remodeled
2024

Year Remodeled
1950

Year Built
0.26 AC

Lot Size
5,572 SF

Building Size

Photo Gallery

Location

1301 NE 16th Terrace, Ft. Lauderdale,
Fort Lauderdale, FL 33304

Contact

contact Zack

5617022015

3250 Mary Street, Suite 520
Coconut Grove, FL 33133

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