811 SE 16th St 22 Unit Apartment Building $4,800,000 ($218,182/Unit) Fort Lauderdale, FL 33316

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. ***SELLER FINANCING AVAILABLE: ASSUMABLE: 35% down, 5% interest rate (Amortized over 30-years) with a 8-year balloon due Jan 2034
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.