$4,800,000
Fort Lauderdale, FL 33316
MLS# R11142630
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Property Description
Introducing a rare multifamily investment opportunity in the highly sought-after Harbordale neighborhood of East Fort Lauderdale. This 22-unit property at 811 SE 16th Street is strategically positioned along the 17th Street Causeway corridor—one of the city's strongest rental and commercial submarkets—offering unmatched connectivity, high occupancy demand, and long-term appreciation fundamentals. **Attractive Assumable Seller Financing Available
Details
Contract Information
Comp Sale YN: No
Listing Contract Date: 2025-11-21
Status: Active
Original List Price: 5250000
List Price: $4,800,000
Current Price: $4,800,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Fort Lauderdale
Postal Code: 33316
Geographic Area: FTSE - Ft Lauderdale SE (3280;3600;3800)
Multiple Offers Accepted: Yes
Property Description: Multi-Family
Country: United States
Street Number: 811
Street Direction Prefix: SE
Street Name: 16th
Street Suffix: Street
State Or Province: FL
Area: 3600
Parcel Number: 504214031890
Zoning: RMM-25
General Property Information
Lot Size Area: 18730.8
Stories: 2
Property Sub Type: Multi Family
Building Area Source: Public Records
Year Built: 1969
Lot Size Acres: 0.43
Currently Not Used
Number Of Units Total: 22
Office/Member Information
DXORIGMLSID: RML
Electric
Three Phase: 1
Flooring
Tile: 1
Property Condition
Resale: 1
Documents Available
Aerial Photo(s): 1
Inventory: 1
Investment Analysis: 1
Photos: 1
Rent Rolls: 1
Location of Property
Beach Access: 1
City Location: 1
Near Airport: 1
Shopping Center: 1
Possession
Close Of Escrow: 1
Building and Property Details
# Of Toilets: 22
% Air Conditioned: 100
Maximum Ceiling Height: 10
Building Features
Laundry Facilities: 1
Heating
Central Individual: 1
Sale Includes
Building: 1
Fixtures: 1
Furniture: 1
Inventory: 1
Land: 1
Machinery: 1
Construction Materials
CBS: 1
Concrete: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Flat: 1
Security Features
Smoke Detector(s): 1
Cooling
Central Individual: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Listing Agent Must Accompany: 1
Text Listing Agent: 1
Showing Details
Pet(s) on Premises: Yes
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Less Than 1 Acre Lot: 1
Financial Information
Tax Annual Amount: 86481
Tax Year: 2025
Tax Legal Description: EVERGLADE LAND SALES CO FIRST ADD LAUDERDALE CORR PL 2-15 D LOT 7,8 & 9 BLK 11
Status Change Information
Major Change Timestamp: 2026-03-27T23:42:03Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-03-27T23:42:03Z
Status Change Date: 2025-11-21
Originating Details
Originating System Key: 20251121172310640869000000
Originating System ID: M00000170
Property Features
Building Features: Laundry Facilities
Documents Available: Aerial Photo(s); Inventory; Investment Analysis; Rent Rolls
Electric: Three Phase
Flooring: Tile
Heating: Central Individual
Location of Property: Beach Access; City Location; Near Airport; Shopping Center
Possession: Close Of Escrow
Property Condition: Resale
Sale Includes: Building; Fixtures; Furniture; Inventory; Land; Machinery
Construction Materials: CBS; Concrete
Cooling: Central Individual
Listing Terms: Cash; Conventional
Roof: Flat
Security Features: Smoke Detector(s)
Showing Requirements: 24 Hour Notice; Appointment Only; Listing Agent Must Accompany; Text Listing Agent
Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot
Supplements
The property is surrounded by major demand drivers including Port Everglades, Fort Lauderdale-Hollywood International Airport, Broward Health Medical Center, Downtown Fort Lauderdale, and the rapidly expanding 17th Street retail and restaurant corridor. With walkability to shopping, dining, supermarkets, and public transportation, the location appeals to both working professionals and seasonal renters. Harbordale continues to benefit from rising household incomes, luxury residential growth, and sustained rental demand, making it a high-performance submarket for investors seeking stable cash flow and long-term value creation. This asset represents a compelling opportunity to acquire scale in one of South Florida's most competitive multifamily markets. Can be sold individually or as part of a portfolio with 105 NE 16th Ter, Fort Lauderdale - which is located approximately 2 miles north in Victoria Park.
Listing Office: Keller Williams Realty Services
Last Updated: March - 28 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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