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VICTORIA PARK RD Fort Lauderdale FL 33301

[Locked] • APN 504202150070

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Details
Property Type Multifamily
Sub Type Apartment Building
Building SqFt 7,724
Lot SqFt 857,291
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code RC-15
Year Built 1953
Building Count 1
Opportunity Zone No
Lease Rate ******
Sold Price per Acre ******
Tax Year ******
Tax Land ******

Property History

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Property Type
Property Type
Multifamily
Property Subtype
Apartment Building
Marketing Description
Discover an exceptional multifamily investment opportunity in the heart of Victoria Park, one of Fort Lauderdale's most sought-after and rapidly growing neighborhoods. Located at 105 NE 16th Terrace, this well-maintained 14-unit apartment building offers both stable in-place income and significant long-term upside through value-add renovations or a complete redevelopment play. Positioned just minutes from Las Olas Boulevard, Flagler Village, and Fort Lauderdale's world-class beaches, this property benefits from strong tenant demand, walkability, and proximity to dining, entertainment, and major employment hubs. This highly desirable location and site is ideally suited for a boutique townhome community, luxury multifamily development, or elevated repositioning strategy. Whether you're seeking stable cash flow, a premium location for redevelopment, or a long-term hold in a blue-chip neighborhood, this property presents an unparalleled opportunity in one of Fort Lauderdale's most prestigious submarkets. Can be sold individually or as part of a portfolio with 811 SE 16th St, Fort Lauderdale - which is located approximately 2 miles south in the Harbordale neighborhood.
Investment Highlights
  • Prime Victoria Park Location — One of Fort Lauderdale’s most desirable residential neighborhoods with strong renter demand and high barriers to entry.
  • 14-Unit Apartment Building — Offering reliable income and long-term upside.
  • Redevelopment Potential — Ideal site for a boutique luxury multifamily, townhome community, or high-end redevelopment project (buyer to verify zoning/approvals).
  • Walkable Lifestyle — Minutes to Las Olas Blvd., Holiday Park, Flagler Village, downtown Fort Lauderdale, and the beach.
  • Value-Add Opportunity — Ability to increase rents through interior upgrades, exterior enhancements, or amenity improvements.
  • Strong Surrounding Demographics — High-income resident base and continuous demand from professionals, young families, and seasonal residents.
  • Exceptional Access — Close to major roads, Brightline Station, Fort Lauderdale International Airport, and core employment centers.
  • Highly Stable Market — Victoria Park continues to see rising property values, new construction, and limited inventory for quality multifamily offerings.
  • ***SELLER FINANCING AVAILABLE: ASSUMABLE: 35% down, 5% interest rate (Amortized over 30-years) with a 8-year balloon due Jan 2034
  • Can be sold individually or as part of a portfolio with 811 SE 16th St, Fort Lauderdale - which is located approximately 2 miles south in the Harbordale neighborhood.
Property Type
Property Type
Multifamily
Property Subtype
Apartment Building
Marketing Description

Outstanding opportunity to own a triplex in E. Fort Lauderdale's highly desirable subdivision of Victoria Park. Spectacular location with High Elevation on the Ridge! This property is ready to be converted to a profitable Vacation Rental for highest and best use. Only minutes to the shops, restaurants, the nightlife of Las Olas Blvd., local parks, waterways & Fort Lauderdale beach. This complex consists of 3 spacious units all consisting of 1 bedroom, 1 full bathroom, 1 parking space per unit, plus 2 guest parking spaces. Common area coin operated washer & dryer is located on the property. Please do not walk around the property without an appointment. All of the units are currently month to month. Middle unit is vacant and available for showings. Square footage from BCPA

Investment Highlights

Great location for a Vacation Rental

Room for a Pool

3 short blocks to Las Olas

Walk to beach, downtown and shopping

New roof in 2015

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Sold on
 BY:
CF
Chip Falkanger PRO
•••.•••.0691
chip@••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
SM
Stephen Molinari PRO
•••.•••.6161
•teve@••••••••••••••••••.com
Brokerage logo

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