807 NE 16th Ter
- Fort Lauderdale, FL 33304
- $1,300,000
- 3 Bed(s)
- 4 Baths
- 2,585 Sqft.

Attention Investors! Looking for your next development opportunity? This prime 17,261 sq ft lot, zoned RA-25, offers the potential for 8 spacious apartment units (approximately 1,200–1,300 sq ft each) with condo conversion potential and an estimated monthly income of $32,000 once developed. While you're working through permitting, the existing updated multi-family property is already generating income with one 2-bed/2-bath unit and two studio units, bringing in $3,200/month. Ideally located in central Fort Lauderdale, just steps from the vibrant attractions of Wilton Manors, this is a rare find for the savvy investor. Tenant occupied. Please do not disturb tenants.
The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Keyes Company. tel: (954) 782-4422
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Keyes Company. tel: (954) 782-4422
Real Estate IDX Powered by: TREMGROUP
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