About 648 NE 16th Terr, Fort Lauderdale, Florida, 33304
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.
Total Number of Units: 2
Water Description : Municipal Water
Sewer Description : Municipal Sewer
Number of Parking Spaces : 4
Roof Description : Comp Shingle Roof
Lot Description : Less Than 1/4 Acre Lot
Style : Duplex
Property Type Information : Detached
Heating Description : Central Heat
Cooling Description : Central Cooling
Construction Type : Frame Construction
Floor Description : Laminate
Geographic Area : Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Total Number of Units: 2
Water Description : Municipal Water
Sewer Description : Municipal Sewer
Number of Parking Spaces : 4
Roof Description : Comp Shingle Roof
Lot Description : Less Than 1/4 Acre Lot
Style : Duplex
Property Type Information : Detached
Heating Description : Central Heat
Cooling Description : Central Cooling
Construction Type : Frame Construction
Floor Description : Laminate
Geographic Area : Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)

Street Address: 648 NE 16th Terr
City: Fort Lauderdale
State: Florida
Postal Code: 33304
County: Broward County

Property Information :
Listing Status: Active
Size: 1,484 Sqft
MLS #: F10541130
Price: $6,000,000
Tax Amount: 10550
Construction Status: Built in 1939
Last Modified : Dec 25 2025 3:11AM

Courtesy of: Angela Ergon-Bluem, Charles Rutenberg Realty FTL (MLS# 276599846)
Source MLS: GFLMLS