648 NE 16th Terr, Fort Lauderdale, FL 33304

Local realty services provided by:Reliant Realty ERA Powered
648 NE 16th Terr,Fort Lauderdale, FL 33304
$6,000,000
Virtual Tour
  • - Beds
  • - Baths
  • 1,484 sq. ft.
  • Multi-family
  • Active
Listed by: angela ergon-bluem
Office: charles rutenberg realty ftl
MLS#:F10541130
Source:RMLS

Price summary

  • Price:$6,000,000
  • Price per sq. ft.:$4,043.13

About this home

Rare turnkey single-family rental portfolio in Victoria Park. Offering includes 7 folios / 8 homes totaling 18 bedrooms, at a 7% CAP RATE, all located within one of Fort Lauderdale’s most desirable and walkable neighborhoods. Properties are recently updated with modern finishes and major capital items completed, making this a low-maintenance, investor-ready portfolio requiring minimal additional investment. Strong appeal for both long-term and short-term tenants. Prime location just minutes to Las Olas Blvd, downtown Fort Lauderdale, beaches, and FLL Airport, surrounded by top dining, shopping, and entertainment. Victoria Park offers high tenant demand, low vacancy, reliable cash flow, and long-term appreciation. Portfolio details, financials, and addresses available upon request.

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Home facts

  • Year built:1939
  • Listing ID #:F10541130
  • Added:3 day(s) ago
  • Updated:December 17, 2025 at 07:44 PM

Rooms and interior

  • Living area:1,484 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1939
  • Building area:1,484 sq. ft.

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$6,000,000
  • Price per sq. ft.:$4,043.13
  • Tax amount:$10,550 (2024)
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