1025-1027 NE 16 Terrace

Fort Lauderdale, FL 33304
  • $899,000

    Price
  • 0

    Bed
  • Bath
  • 3,026

    SqFt

About the Listing 608170 - 278023997

Don't miss this great investment opportunity in HOT Lake Ridge! This Quadplex needs work but offers strong income potential, or builders can develop up to 3 units on the lot, setbacks depend on building height. Prime walkable location near downtown, beaches, shopping, and dining. The lot includes two buildings: a one-story with two 1/1s and a two-story with two 2/1s, all featuring private yards or patios. Each building has separate water meters, and each unit has its own electric meter. Please do not disturb tenants or walk the property without an appointment. Call the listing agent for details!

Listing Highlights for 1025-1027 NE 16 Terrace

Status Active
Days on Site 204
Property Type Multi-Family
MLS ® R11062860
Year Built 1960
Total Square Footage 3,026
Lot/Acreage 0.16
County Broward
Neighborhood Progresso
Area 3380

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond: Ceiling Fan(s),Wall/Window Unit(s)
  • Heating:
  • Fireplaces:
  • Floor: Tile
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: < 1/4 Acre
  • Garage Capacity: N/A
  • Lot Dimensions: < 1/4 Acre
  • Zoning: RMM-25
  • Roof: Other
  • Others: Porch,Patio
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $15,157
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 494234045650
  • Tax Year: 2024

Payment Calculator

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1025-1027 NE 16 Terrace Fort Lauderdale, FL 33304

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Originating MLS: FTL

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