Harbordale Apartments — Sale in Fort Lauderdale, FL

  • Price: $4.8M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Fort Lauderdale, FL 33316
  • Size: 12,366 SF
  • Year built: 1969

Investment Figures

Price per square foot
$388
Price per unit
$218,182 across 22 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Introducing 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. 21 - 1BD/1BA & 1 - Studio. 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. Can be sold individually or as part of a portfolio with 105 NE 16th Ter, Fort Lauderdale - which is located approximately 2 miles north in Victoria Park. Building SF: 12366 | Land Size: 18911.0 SF | Year Built: 1969 | Listing Type: FOR SALE

Market Context

This multifamily in Fort Lauderdale, FL is listed for sale at $4,800,000 across 12,366 SF. The building dates to 1969. It has been on the market for 70 days. Compare it against other multifamily listings for sale in Fort Lauderdale, FL — view the full market.

As of Q1 2026, the Fort Lauderdale multifamily market showed average asking rents near $2203.00/unit/mo, and cap rates around 5.8%. Source: multiple brokerage reports, Q1 2026.

Multifamily market FAQ

What is the typical cap rate for multifamily in Fort Lauderdale?
About 5.8% as of Q1 2026, per multiple brokerage reports.

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