How much is 105 NE 16th Terrace?

105 NE 16th Terrace is listed at $3,300,000. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.

What is 105 NE 16th Terrace zoned?

The listing reports zoning of RC-15. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.

When was 105 NE 16th Terrace built?

105 NE 16th Terrace was built in 1953. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.

What are the property taxes on 105 NE 16th Terrace?

The listing reports annual property taxes of $56,647 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.

How do I tour 105 NE 16th Terrace?

Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

105 NE 16th Terrace, Fort Lauderdale, FL 33301

$3,300,000 · Multifamily for sale

Property type: Multi Family
Asking price: $3,300,000
Lot size: 12,197 sq ft
Zoning: RC-15
Year built: 1953
Units: 14
Stories: 2
Parcel ID: 504202150770
MLS#: R11142640

01-Lagoon 42 Catamaran_83 at 105 NE 16th Terrace, Fort Lauderdale

02-Lagoon 42 Catamaran_62 at 105 NE 16th Terrace, Fort Lauderdale

03-Lagoon 42 Catamaran_77 at 105 NE 16th Terrace, Fort Lauderdale

05-Lagoon 42 Catamaran_65 at 105 NE 16th Terrace, Fort Lauderdale

08-Lagoon 42 Catamaran_69 at 105 NE 16th Terrace, Fort Lauderdale

09-Lagoon 42 Catamaran_71 at 105 NE 16th Terrace, Fort Lauderdale

11-Lagoon 42 Catamaran_75 at 105 NE 16th Terrace, Fort Lauderdale

12-Lagoon 42 Catamaran_78 at 105 NE 16th Terrace, Fort Lauderdale

About this property

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. **Attractive Assumable Seller Financing Available 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. Can be sold individually or as part of a portfolio with 811 SE 16th St, Fort Lauderdale - which is located approximately 2 miles south in the Harbordale neighborhood.

Building Features and Utilities

Concrete
CBS

Operating Statement

Property taxes	$56,647/yr

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

About the Business at 105 NE 16th Terrace

Included: Building, Fixtures, Furniture, Inventory, Land, Machinery

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Keller Williams Realty Service · abarbar@kw.com · Listing agent: Stephen Molinari

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 105 NE 16th Terrace or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 105 NE 16th Terrace

How much is 105 NE 16th Terrace?: 105 NE 16th Terrace is listed at $3,300,000. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is 105 NE 16th Terrace zoned?: The listing reports zoning of RC-15. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
When was 105 NE 16th Terrace built?: 105 NE 16th Terrace was built in 1953. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
What are the property taxes on 105 NE 16th Terrace?: The listing reports annual property taxes of $56,647 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 105 NE 16th Terrace?: Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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