Chalet East - Victoria Park Apartments
105 NE 16th Ter,
Fort Lauderdale, FL 33301
 
$3,300,000
Price
9,412
Building SF
$235,714
Price Per Unit
12,532
Land SF
14
Number of Units
1953
Year Built
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$3,300,000
Price
9,412
Building SF
$235,714
Price Per Unit
12,532
Land SF
14
Number of Units
1953
Year Built
Introducing a rare investment opportunity in the heart of Victoria Park, one of Fort Lauderdale’s most coveted and consistently high-performing residential neighborhoods. Located just minutes from Las Olas Boulevard, Flagler Village, Downtown Fort Lauderdale, and the city’s award-winning beaches, 105 NE 16th Terrace offers investors exceptional stability, long-term appreciation potential, and multiple value-add or redevelopment pathways. This well-located 14-unit multifamily property sits on a quiet tree-lined street surrounded by luxury single-family homes, boutique rentals, and new high-end developments. Victoria Park remains one of the strongest rental corridors in Broward County, driven by affluent demographics, steady population growth, and proximity to the city’s top employment, dining, entertainment, and lifestyle destinations. *Attractive Seller Financing Available: Approx. $2,100,000 at 5% interest rate (30-year amortized) 8-year balloon due January 2034
Investment Highlights
Located in the prestigious Victoria Park neighborhood 14-unit multifamily building with strong occupancy Surrounded by luxury homes, new construction, and high-end multifamily developments Exceptional walkability to Las Olas, Flagler Village, parks, restaurants, and shopping Consistently high rental demand and affluent renter demographics Significant value-add and repositioning upside Minutes to Downtown, beaches, Galleria Mall, & Brightline Ideal for long-term hold, portfolio expansion, or redevelopment This is a compelling opportunity for investors seeking a stable, income-producing asset in one of Fort Lauderdale’s most sought-after and supply-constrained neighborhoods. *Attractive Seller Financing Available: Approx. $2,100,000 at 5% interest rate (30-year amortized) 8-year balloon due January 2034
FOR MORE DETAILS CONTACT
Stephen Molinari
Investment Specialist
(561) 305-6161
stephen@molinaricommercial.com
SL3530706
Anthony Conners
Investment Sales Specialist
(941) 258-2499
Anthony@AtlanticCommercialAdvisors.com
3334618
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