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915 NE 16th Ter # 5, Fort Lauderdale FL 33304

Commercial Recently Sold
$590,000

BTC: 9.36507937

ETH: 337.91523482

Sold on: 2020-03-16
8 days
0 room(s)

Overview

Great Opportunity to own a Multifamily Income Producing Property located in fabulous Ft. Lauderdale. This investors dream is located in highly desirable Victoria Park among Multi-Million Dollar properties. Property offers (5) 1 Bedroom 1 Bath apartments, each with it's own separate electrical meter, shared common laundry, and convenient off street parking. Located just 1 mile from World Renowned Ft. Lauderdale Beach, this property offers the new owner endless opportunities. Make it a fantastic sub-tropical vacation paradise (Airbnb) or increase the current rents to market value and have a great long term rental investment. Don't miss this great opportunity to own a slice of paradise in one of the premier locations in South Florida. For a private tour contact listing agent.

Location

Details

Type:
Commercial Sale
Parking:
Common / Free Parking
Year Built:
1959
Lot:
6750 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$899,000
$619K – $1.9M
Confidence Low
List vs. estimate
$300K below estimate
List $599,000 · -33.4%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,887
Parking
5 spaces
All facts and features
  • Flooring

    • Other

    • Tile

  • Parking

    • Common

    • Free Parking

    Lot

    • Lot: 6750 Square Feet

    Other Property Information

    • Parcel Number: 494234058140

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $7,887

  • Source details

    • MLS ID: A10814689

    Other facts

    • Construction Materials: Concrete Block Construction / Brick Veneer

    • Lot Features: In Residential Area

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Optimar International Realty