Home/Search/901 NE 16TH Avenue, Fort Lauderdale FL 33304
901 NE 16TH Avenue, Fort Lauderdale FL 333041 / 4
For Sale
Multi Family

$3,950,000

901 NE 16TH Avenue, Fort Lauderdale FL 33304

7,772

Building SF

Multi Family

Type

RMM-25

Zoning

About This Property

PRIME VICTORIA PARK INVESTMENT OPPORTUNITY! 18-unit multifamily property with pool in desirable Fort Lauderdale location. Offered at $3,950,000 ($219,444/unit). Unit mix: 7 studios, 10 one-bedroom and 1 two-bedroom apartments. Features a landscaped courtyard, swimming pool and two-story building. Minutes from Las Olas Blvd, Downtown, Holiday Park and beaches. Monthly rent roll of $29,095 ($349,140 annually). Seller-reported NOI of approximately $217,494, indicating a 5.5% cap rate. Excellent income-producing investment opportunity.

Property Details

MLS #:B26099709
Price:$3,950,000
Status:For Sale
Days on Market:3
Date Listed:Nov 12, 2026
Total Bathrooms:0
Building Area:7772 sqft
Lot Size:13500 sqft
Lot Acres:0.31 acres
Year Built:1968
Property Type:Commercial Sale
Property Sub Type:Multi Family

Heating:Window/Wall
Cooling:Wall/Window Unit(s)
Flooring:Tile
Security Features:Other Fire Protection, Other
Stories:2
Virtual Tour:Available

Construction Materials:CBS Construction, Plaster
Structure Type:Mobile/Rv Parks, Office/Warehouse Combination, Store/Warehouse Combination, Warehouse, Multi Family
Roof:Comp Shingle Roof, Shingle
Lot Features:1/4 To Less Than 1/2 Acre Lot, Less Than 1 Acre
Lot Size:13500 sqft
Sewer:At Site, Public Sewer, Other, Public Sanitation, Sewer
Water Source:Public
Utilities:Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Sewer Available, Water Available
Electric:110 Volts Power, 220 Volts, 220 Volt

Parking Features:Assigned, On Street
Total Parking:18

Zoning:RMM-25

Annual Tax Amount:$63,998
Tax Year:2026
Listing Terms:All Cash, Conventional, Exchange
Special Conditions:Sale
Parcel Number:494234058000
Legal Description:PROGRESSO 2-18 D LOT 11,12 BLK 227

Schools

REsource

REsource

Real Estate Source Company

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Location

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Listing courtesy of Inbal Ruiz. Data last updated November 13, 2026 at 02:02 AM.