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811 SE 16th St
Fort Lauderdale, FL 33316
Multifamily Property For Sale
·
22 Units
INVESTMENT HIGHLIGHTS
- Strong Occupancy Demand driven by proximity to major employers, port/airport, downtown, and service corridor
- Minutes to Port Everglades & FLL Airport—steady rental demand from travel, medical, maritime, and service industry workforces
- Ideal for Long-Term Hold, 1031 Exchange, or Repositioning Strategy
- Walkable to 17th Street Causeway Retail & Dining, including Publix, LA Fitness, banks, hotels, and national brands
- Surrounding Luxury Development continues to push rental rates upward throughout Harbordale and East Fort Lauderdale
- Value-Add Upside through interior renovations, updated amenities, rent optimization, and improved management
EXECUTIVE SUMMARY
Molinari Commercial is pleased to present 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.
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 bought individually or part of a portfolio with 105 NE 16th Ter, Fort Lauderdale - 14 units - located approximately 2 miles to the north in Victoria Park.
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 bought individually or part of a portfolio with 105 NE 16th Ter, Fort Lauderdale - 14 units - located approximately 2 miles to the north in Victoria Park.
PROPERTY FACTS
| Price Per Unit | $323,600 CAD | Lot Size | 0.43 AC |
| Sale Type | Investment | Building Size | 12,366 SF |
| No. Units | 22 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1969 |
| Apartment Style | Low-Rise | Parking Ratio | 0.64/1,000 SF |
| Building Class | C | ||
| Zoning | RMM-25 | ||
| Price Per Unit | $323,600 CAD |
| Sale Type | Investment |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 12,366 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 0.64/1,000 SF |
| Zoning | RMM-25 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 21 | $2,582 CAD | 750 |
| Studios | 1 | $2,513 CAD | 550 |
PROPERTY TAXES
| Parcel Number | 50-42-14-03-1890 | Improvements Assessment | $5,504,466 CAD |
| Land Assessment | $266,834 CAD | Total Assessment | $5,771,300 CAD |
PROPERTY TAXES
Parcel Number
50-42-14-03-1890
Land Assessment
$266,834 CAD
Improvements Assessment
$5,504,466 CAD
Total Assessment
$5,771,300 CAD
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