Home » Properties » 101-105 SE 26 Street, Fort Lauderdale FL 33316

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16-Unit Multi Family Property in Fort Lauderdale

16-unit multifamily property with all 2 bed/1 bath units in a prime Fort Lauderdale location near US-1 and FLL Airport.

$4,000,000

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MLS #F10513760

Listing Updated: 2026-07-12 06:41:52

Listed By: Levy Realty Advisors LLC

Overview

This unique 16-unit multifamily property in Fort Lauderdale offers all 2-bedroom, 1-bath units spread across two garden-style buildings. Built in 1975, the complex features two-story low-rise buildings with assigned and common parking, providing approximately 2.5 parking spaces per unit. The property benefits from a recently completed roof in 2023 with a transferable warranty. Currently fully occupied under a master lease with flexible termination, the units rent on average $1,350 to $1,450 per month, which is about 18% below market rates. Its prime location near US-1, Brightline, Fort Lauderdale-Hollywood International Airport, and downtown Fort Lauderdale makes it an attractive option for investors seeking multifamily assets in a growing submarket.

Property Highlights

16 units all 2 bed/1 bath, two garden-style buildings, 2.5 parking spaces per unit, roof replaced in 2023, fully leased under master lease, near US-1, Brightline, FLL Airport, downtown Fort Lauderdale.

Property Details

City: Fort Lauderdale

State: FL

Zip Code: 33316

Address: 101-105 SE 26 Street, Fort Lauderdale FL 33316

Year Built: 1975

Property Type: Commercial Sale

Property Sub Type: Multi Family

Listing Office Name: Levy Realty Advisors LLC

County: Broward County

Garage Spaces:

Parking Features: Assigned, Common

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $0

Days On Market: 333 Days

Original Listing Description

Offering the only 16-unit multifamily in this submarket that has ALL 2 BEDROOM/1BATH. There are two buildings, 8 units each, two-story garden style low rise in a booming location. 2.5 parking spaces per unit, and on site coin laundry. Roof was completed in 2023 with transferable warranty. The building is fully occupied under a master lease with flexible termination. Master lease rents avg. $1,350-$1,450/month—about 18% below market, offering strong upside for the right investor. Prime location near US-1, Brightline, FLL Airport, and downtown Fort Lauderdale.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

101-105 SE 26 Street, Fort Lauderdale FL 33316

About This Neighborhood

Located in Fort Lauderdale's 33316 ZIP code, this multifamily property benefits from a vibrant and accessible neighborhood. The area provides convenient access to downtown Fort Lauderdale, commercial corridors, and transportation routes like US-1 and Brightline rail. Nearby amenities include shopping centers, dining options, and recreational facilities, supporting a desirable residential environment. The neighborhood’s ongoing development and proximity to the airport contribute to its appeal for renters and investors alike, making it a dynamic submarket within Fort Lauderdale.

Walkability & Lifestyle

Residents of this Fort Lauderdale neighborhood benefit from walkable access to various amenities including restaurants, shopping centers, and parks. The area's connectivity to major roads like US-1 facilitates easy travel, while nearby waterfront areas and recreational spaces offer outdoor lifestyle options. The presence of transit options such as Brightline rail enhances mobility for daily commuting and leisure activities. Overall, the neighborhood supports a balanced urban lifestyle with convenient access to essential services and entertainment.

Things To Do Nearby

The location near downtown Fort Lauderdale provides abundant opportunities for dining, shopping, and cultural experiences. Waterfront activities such as boating and beach visits are easily accessible, complementing the area's recreational offerings. Nearby parks and entertainment venues contribute to a vibrant lifestyle. The proximity to Fort Lauderdale-Hollywood International Airport also facilitates travel and connectivity for residents and visitors. Golf courses and marinas in the region add to the diverse range of leisure options available.

Nearby Schools

The Fort Lauderdale area offers access to a range of educational institutions suitable for families residing in the neighborhood. Public and private schools are conveniently reachable, providing options for different grade levels and educational preferences. The proximity to schools adds to the community’s attractiveness for renters and residents seeking quality education within a reasonable commute. This accessibility supports the overall desirability of the area for multifamily housing.

Why Buyers Like This Area

Buyers appreciate this multifamily property for its comprehensive 2-bedroom unit mix, strong location, and recent capital improvements like the new roof. The property's proximity to key transportation corridors and the airport enhances its appeal for tenants and investors. The flexible master lease arrangement simplifies management, while the garden-style buildings offer a low-rise living environment favored by many renters. The combination of location, unit configuration, and operational stability makes this an attractive asset in Fort Lauderdale's multifamily market.

Investment Potential

This 16-unit multifamily property in Fort Lauderdale presents a solid opportunity for investors interested in a stable asset with upside potential. The units are currently leased under a master lease at rents approximately 18% below market, allowing room for rent growth. Its location near major transportation hubs including US-1, Brightline, and Fort Lauderdale-Hollywood International Airport enhances tenant demand and market appeal. The flexible master lease structure offers operational ease, while the recent roof replacement adds value and reduces near-term expenses. Overall, this property suits investors seeking a well-located multifamily asset with potential for income enhancement.

Market Trends

Fort Lauderdale's multifamily market remains active with steady demand driven by its strategic location and lifestyle amenities. Properties near transportation hubs and employment centers tend to attract consistent tenant interest. Inventory levels in this submarket are balanced, with a preference for units offering functional layouts such as 2-bedroom, 1-bath configurations. Market rents have shown gradual growth, supported by the area's economic activity and population trends. Investors value properties like this one for their occupancy stability and potential for rent adjustments aligned with market conditions.

Rental Income Potential

The property currently operates under a master lease with average rents ranging from $1,350 to $1,450 per month, which is approximately 18% below market rates. This rent structure offers potential for future increases as market conditions evolve. Its location near major transit routes and employment centers supports ongoing tenant interest. Additionally, the property's amenities, including assigned parking and on-site laundry, enhance its rental appeal. Seasonal demand fluctuations typical of South Florida may also influence occupancy and rental dynamics.