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3309 NE 16th Ct, Fort Lauderdale FL 33305

Lots/Land Active With Contract
$1,499,000

BTC: 24.25566343

ETH: 858.53379152

-$201K (2026/04/03)
90 days
0 room(s)

Overview

Welcome to your prime beachside investment opportunity — a rare lot in Fort Lauderdale’s coveted Las Olas By The Sea neighborhood, offered as vacant land with an existing cozy 2-bedroom, 1-bath home ready for immediate rental income. This exceptional parcel combines turnkey cash flow with build potential, surrounded by a lush, private botanical garden oasis for natural privacy and tranquility. The charming home features an open, airy layout with neutral tones, wood floors, and updated amenities (gas stove, natural gas hot water, newer A/C) — perfect for long-term tenants or short-term vacation rentals (subject to local rules). Envision your dream custom home while the existing residence generates income from day one. The spacious, level lot offers mature landscaping, a large backyard ideal for a future pool or outdoor living, and modern infrastructure readiness. Just steps from the Atlantic’s sandy shores, the location ensures strong rental demand with easy access to beach walks, sunsets, and ocean dips—ideal for Fort Lauderdale’s thriving vacation market. A versatile investor gem: enjoy immediate rental revenue, hold for appreciation, or enhance for long-term value in one of the area’s most desirable beachside enclaves. With rare beach proximity, neighborhood charm, and built-in income potential, this is a unique opportunity for a personal retreat or high-performing investment. Don’t miss your chance to own and profit from this one-of-a-kind property.

Location

Details

Type:
Land/Boat Docks
Parking:
No Data
Year Built:
No Data
Lot:
0.14 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$537,450
$167K – $1.1M
Confidence Low
List vs. estimate
$961K above estimate
List $1,499,000 · +178.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
16 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$15,237
2025
All facts and features
  • Lot

    • Lot: 0.14 Acres

    Other Property Information

    • Parcel Number: 494331020100

    • Zoning: RS-8

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Residential

  • Other financial information

    • Annual tax amount: $15,237

  • Source details

    • MLS ID: A11963427

    Other facts

    • Lot Features: City Location / Less Than 1/4 Acre Lot / East Of US 1 / Regular Lot / Fenced / Sidewalk / Street Lights

    • Direction Faces: South

    • Other Structures: Livable / Well Kept

    • Water Source: Municipal Water

    • Subdivision Name: LAS OLAS BY THE SEA EXT

Private inquiry
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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: Compass Florida, LLC