About 648 NE 16th Terrace, 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.
Utilities : Cable Available
Water Source : Public
Sewer Source : Public Sewer
Cooling: Central Air
Heating : Central
Construction Materials: Frame
Flooring : Laminate
Utilities : Cable Available
Water Source : Public
Sewer Source : Public Sewer
Cooling: Central Air
Heating : Central
Construction Materials: Frame
Flooring : Laminate

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

Property Information :
Listing Status: Active
Size: 1,484 Sqft
MLS #: F10541130
Bathrooms: 0 ba
Price: $6,000,000
Tax Amount: 10550
Construction Status: Built in 1939
Last Modified : Dec 25 2025 3:08AM

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