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5 NE 16th CourtFort Lauderdale, FL 33305

For Sale

$1,020,000

Smart Buyer Rebate $10,200

Best investment portfolio in fort lauderdale consists of two 5 bed 2 bath units currently rented at top price just buy and start receiving your monthly cashflow showings will only be done once under contract owner could finance with 50 down

Listed by German E Grudny

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License #3092975

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Home Wiz USA

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786-663-2808

Last updated May 31, 2026

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Source: BeachesMLS #A11968537

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Middle River
  • Days on Prevu117
  • Taxes$11,570/year
  • Size2,829 sqft
  • Price per sqft$361

Amenities

  • Pets Allowed
  • Parking

Location

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Listing History

02/19/2026
Listed by Home Wiz USA
$1,020,000

Property Details for 5 NE 16th Court

Association

General

  • Number Of Units In Community: 2

Exterior

Construction

  • Number Of Units Total: 2
  • Property Condition: Resale
  • Roof: Flat, Tile
  • Stories Total: 2
  • Structure Type: Duplex
  • Year Built: 1975
  • Construction Materials: Block

Measurements

  • Building Area Total: 2,829

Financial

Residential Income

  • Gross Income: $6,380.00

Taxes

  • Parcel Number: 494234190500
  • Tax Annual Amount: $11,570.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Ceramic Tile, Laminate

Measurements

  • Living Area: 2,829

Other

Location

  • Subdivision Name: PLACIDO PLACE

Parking

Parking

  • Parking Total: 5

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central, Separate Meters
  • Has Heating: Yes
  • Sewer: PublicSewer
  • Utilities: Cable Available

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 5 NE 16th Court.

Does this multi-family home have parking?

Yes, there are 5 parking spaces available for 5 NE 16th Court.

What are the annual taxes for 5 NE 16th Court?

Annual taxes for this multi-family home are estimated at $11,570.

How does 5 NE 16th Court compare to other multi-family homes in South Middle River?

This multi-family home is listed 55% above the average price for multi-family homes in South Middle River and has been on the market for 23 more days than the typical home in this area.

What building or home owners association is the multi-family home part of?

This multi-family home is in the PLACIDO PLACE building.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,829 sqft.

5 NE 16th Court is a -bedroom multi-family home for sale in Fort Lauderdale FL 33305. On Prevu for 117 days at $1,020,000. This residence features 2,829 square feet of living space, located in South Middle River. The median listing price for multi-family homes in this area is $527,500. The home offers pets allowed and parking. Explore more multi-family home listings in Fort Lauderdale.

Based on information from Beaches MLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.