Home » Properties » 749 NE 16th Avenue, Fort Lauderdale FL 33304

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Multi-Family Commercial Property in Fort Lauderdale

Victoria Park multi-family property with 6 units near beaches and downtown Fort Lauderdale.

$2,500,000

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MLS #F10536144

Listing Updated: 2026-07-31 06:33:41

Listed By: Flagler Duval

Overview

This commercial multi-family property at 749 NE 16th Avenue in Fort Lauderdale offers six rental units, including one 2-bedroom, 1-bathroom unit with a private outdoor patio and five 1-bedroom, 1-bathroom units. Situated on a spacious 9,566 sqft corner lot, the property features individual A/C units for each apartment and a single central meter for water and electric, with tenants sharing utility costs equally. The units are well-maintained and include stainless steel appliances. Conveniently located just two blocks from Holiday Park and minutes from the beaches, Las Olas Boulevard, and downtown Fort Lauderdale, this property provides easy access to key local amenities and attractions.

Property Highlights

Six rental units including one 2/1 and five 1/1s. Large 9,566 sqft corner lot. Individual A/C units. Stainless steel appliances. Close to Holiday Park, beaches, and downtown.

Property Details

City: Fort Lauderdale

State: FL

Zip Code: 33304

Address: 749 NE 16th Avenue, Fort Lauderdale FL 33304

Year Built: 1963

Property Type: Commercial Sale

Property Sub Type: Multi Family

Listing Office Name: Flagler Duval

County: Broward County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $21,701

Days On Market: 210 Days

Original Listing Description

Victoria Park rental income property operating as 6 units. One 2/1 with private outdoor patio and five 1/1's. Oversized, corner lot is 9,566 SF. All apartments have individual A/C units. One central meter for water and electric. All tenants pay 1/6 of the total utility bills. Units are in good condition with stainless steel appliances. Two blocks from Holiday Park, minutes to the beaches, Las Olas and downtown.

Property Location

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

749 NE 16th Avenue, Fort Lauderdale FL 33304

About This Neighborhood

Located in the Victoria Park neighborhood, this property benefits from a vibrant community atmosphere close to downtown Fort Lauderdale. Residents enjoy easy access to parks, local shops, and dining options. The neighborhood is known for its mix of residential and commercial spaces, offering a balanced urban lifestyle with convenient transportation links and nearby recreational areas.

Walkability & Lifestyle

The property is situated within walking distance to Holiday Park and close to Las Olas Boulevard, offering residents easy access to restaurants, shops, and entertainment venues. The nearby beaches and waterfront areas provide additional outdoor lifestyle options. This walkable environment supports a balanced urban living experience with daily conveniences close at hand.

Things To Do Nearby

Residents can enjoy a variety of activities including visits to Holiday Park, dining along Las Olas Boulevard, and spending time at nearby beaches. The area offers opportunities for boating, cultural events, and nightlife, providing a rich lifestyle for those living in or visiting the neighborhood.

Nearby Schools

Victoria Park offers convenient access to several educational institutions in Fort Lauderdale, making it suitable for families and tenants who prioritize school proximity. The neighborhood's location allows for reasonable commutes to local schools, contributing to its appeal for residents seeking quality education options within reach.

Why Buyers Like This Area

Buyers appreciate this property's location in Victoria Park for its proximity to downtown Fort Lauderdale, beaches, and popular local attractions. The multi-family setup offers flexibility and potential for steady rental occupancy. The well-maintained units and corner lot enhance its appeal as a practical and accessible property in a thriving community.

Investment Potential

This multi-family property in Victoria Park offers a stable rental setup with six units, appealing to tenants seeking proximity to Fort Lauderdale's beaches and downtown. The property's layout and location support consistent tenant interest, making it a practical choice for buyers looking to enter the local rental market. The shared utility arrangement and individual air conditioning units add to tenant convenience, enhancing the property's usability and appeal.

Market Trends

Fort Lauderdale's real estate market continues to attract interest due to its desirable location and lifestyle offerings. Multi-family properties in areas like Victoria Park remain sought after for their rental potential and proximity to key amenities. The market reflects steady demand from renters and buyers looking for properties that combine convenience with access to the city's cultural and recreational hubs.

Rental Income Potential

The property's configuration with six rental units supports diversified tenant occupancy, which can appeal to a range of renters. Its location near beaches and downtown Fort Lauderdale enhances seasonal and year-round rental demand. The shared utility billing system and individual A/C units provide practical benefits that may increase tenant satisfaction and retention.