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Active - Multi Family for sale

806 NE 16th Place # 8, Fort Lauderdale FL 33305

Facts & features

Multi Family Property type
178 days on Beycome
1970 Year built
10,890 sqft Lot size

Why you’ll love it

Exceptional prime investment opportunity in a highly desirable Fort Lauderdale location just steps from Wilton Manors and vibrant Wilton Drive. This well-maintained 8-unit multifamily property features spacious 2-bedroom, 1-bath units with large bedrooms, terrazzo floors, impact windows, and more. The property enjoys strong year-round occupancy and includes a common laundry area that generates additional income. Current leases do not include water, offering a new owner the opportunity to further increase revenue potential. Ideal for investors seeking flexibility, this property presents the opportunity to operate as a combination of short-term furnished rentals and long-term annual leases. Conveniently located just a few miles from the beach, shopping, dining, and major highways.

Translating description...

Listings courtesy of Gibson Real Estate Services.

Listed by: Rosy A Baron • 954-909-0195 • Gibson Real Estate Services

Co-listed by: Gibson Real Estate Services

Source: Miami MLS, MLS#: B26031058 Miami MLS logo

Based on info available as of Nov 13, 2026 at 7:00 PM EST.

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Affordability

$1,595,000$3,310,000
1%20%
0%90%
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Estimated monthly payment

$14,502/mo

  • Mortgage$12,389
  • Property tax$2,114
  • HOA fee
  • Homeowners insurance
Due at closing$1,947,750
Down payment held in escrow$490,000
Closing costs$36,750
beycome credit Est.$49,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$49,000 Credit back

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Travel times

About Fort Lauderdale

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 6 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 13, 2026 at 07:00pm EST.

$2,450,000 Listed price

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$49,000 Credit back

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