How much is 806 NE 16th Place 1-8?

806 NE 16th Place 1-8 is listed at $2,450,000, about $371 per square foot of building. 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 806 NE 16th Place 1-8 zoned?

The listing reports zoning of RDS-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.

How big is 806 NE 16th Place 1-8?

The listing reports 6,606 square feet of building.

When was 806 NE 16th Place 1-8 built?

806 NE 16th Place 1-8 was built in 1970. 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 806 NE 16th Place 1-8?

The listing reports annual property taxes of $25,363 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 806 NE 16th Place 1-8?

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.

806 NE 16th Place 1-8, Fort Lauderdale FL

$2,450,000 · $371 per sq ft · Multifamily for sale

Property type: Multi Family
Asking price: $2,450,000
Price per sq ft: $371
Building size: 6,606 sq ft
Lot size: 10,890 sq ft
Zoning: RDS-15
Year built: 1970
Units: 8
Stories: 2
Tenant pays: Electricity, Other, Water
Buildings: 1
Parking spaces: 9
Units leased / vacant: 6 leased · — vacant
Parcel ID: 494235040770
MLS#: B26031058

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About this property

Exceptional prime investment opportunity in a highly desirable Fort Lauderdale location just steps from Wilton Manors and vibrant Wilton Drive. This well-maintained 8-unit multifamily property features spacious 2-bedroom, 1-bath units with large bedrooms, terrazzo floors, impact windows, and more. The property enjoys strong year-round occupancy and includes a common laundry area that generates additional income. Current leases do not include water, offering a new owner the opportunity to further increase revenue potential. Ideal for investors seeking flexibility, this property presents the opportunity to operate as a combination of short-term furnished rentals and long-term annual leases. Conveniently located just a few miles from the beach, shopping, dining, and major highways.

Building Features and Utilities

Electricity Available
Other
Sewer Connected
Water Connected
Stucco
Concrete Block - With Stucco

Rent Roll

Unit type	Units	Beds / baths	Size	Rent per unit	Pro forma
2 Bedroom	8	2 / 1	—	$13,325/mo	—

8 units. Reported rent $1,279,200 a year ($106,600 a month).

Unit types and rents as the listing reports them in the MLS. Ask the listing broker for the leases and the trailing twelve months before you rely on them.

Operating Statement

Gross income	$153,000/yr
Property taxes	$25,363/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 806 NE 16th Place 1-8

Included: Building, Leases

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Gibson Real Estate Services · Listing agent: Rosy A Baron

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 806 NE 16th Place 1-8 or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 806 NE 16th Place 1-8

How much is 806 NE 16th Place 1-8?: 806 NE 16th Place 1-8 is listed at $2,450,000, about $371 per square foot of building. 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 806 NE 16th Place 1-8 zoned?: The listing reports zoning of RDS-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.
How big is 806 NE 16th Place 1-8?: The listing reports 6,606 square feet of building.
When was 806 NE 16th Place 1-8 built?: 806 NE 16th Place 1-8 was built in 1970. 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 806 NE 16th Place 1-8?: The listing reports annual property taxes of $25,363 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 806 NE 16th Place 1-8?: 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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