ActiveMLS# 11946942991 day on market
$1,229,000
824 NE 16TH Street
Fort Lauderdale, FL, 33304
0Bedrooms
0Bathrooms
—Sq Ft
1970Year Built
Call AgentView Map

About This Property

GREAT INCOME-PRODUCING INVESTMENT OPPORTUNITY IN FORT LAUDERDALE! Well-maintained 5-unit multifamily property generating $9,150 in monthly rental income and $109,800 annually! Featuring one 2-bedroom/2-bathroom unit and four 1-bedroom/1-bathroom units. Each unit includes 2 parking spaces. Four of the five units have been updated. Newer roof. New electrical panels completed in 2026. Currently owner-managed with an estimated 6.11% cap rate. Excellent opportunity to acquire a strong income-producing asset in a desirable Fort Lauderdale location.

Key Features

  • 9,759 sq ft Lot
  • Built in 1970

Property Details

  • Type: Single Family Home
  • Year Built: 1970
  • Lot Size: 9,759 sq ft
  • HOA: Contact Agent
  • Bedrooms: 0
  • Bathrooms: 0
  • Feature: 9,759 sq ft Lot
  • Feature: Built in 1970
  • Status: Active
  • MLS Number: 1194694299
  • Days on Market: 1
  • Listed By: Inbal Ruiz · Inbal Ruiz
  • Zip Code: 33304
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
TruDeals Property Intelligence

Neighborhood & property insights

Schools, flood risk, noise, values, taxes, and environmental factors for this address. Layers that are not configured yet show an honest note — never another city's preview data.

Loading verified data for 824 NE 16TH Street, Fort Lauderdale, FL 33304…

AI Event Scout

What's happening in Fort Lauderdale

Checking verified local events…

$1,229,000824 NE 16TH Street, Fort Lauderdale, FL
Call Agent