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811 SE 16th Street, Fort Lauderdale FL 33316

Commercial Active With Contract
$4,800,000

BTC: 62.09573092

ETH: 1,959.98366680

-$450K (2026/03/28)
207 days
0 room(s)

Overview

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

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1969
Lot:
0.43 Acres
Heating:
Central Individual A/C
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,720,000
$687K – $4.2M
Confidence Low
List vs. estimate
$3.1M above estimate
List $4,800,000 · +179.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
26 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$86,481
2025
All facts and features
  • Flooring

    • Tile

    Heating

    • Central Individual A/C

    Cooling

    • Central Individual A/C

  • Property

    • Levels: 2

    Lot

    • Lot: 0.43 Acres

    Other Property Information

    • Parcel Number: 504214031890

    • Zoning: RMM-25

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Other financial information

    • Annual tax amount: $86,481

  • Source details

    • MLS ID: R11142630

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Lot Features: Beach Area / City Location / Near Airport / Shopping Center / 1/4 To Less Than 1/2 Acre Lot / Less Than 1 Acre / Beach Access

Private inquiry
Talk to the advisor on this listing.
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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: Keller Williams Realty Services