1025-1027 NE 16 Terrace

Fort Lauderdale , FL 33304

MLS#: R11132122

$799,000

Status: Active
Listing number: R11132122
Listing provided by: CENTURY 21 Tenace Realty
Listing agent phone: None
Last update: 5 days ago
On site: 19 days ago
Browse Properties
Progresso - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1960

Sq.Footage

4,223

Don't miss this great investment opportunity in 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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Wall/Window Unit(s)

  • Heating YN

    YES

  • Heating

    Other

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Frame

  • Patio and Porch Features

    Deck, Patio

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Residential Income

Price

  • Sales Price

    $799,000

  • Tax Amount

    15157.0

  • Zoning

    RMM-25

  • Sq. Footage

    4, 223

  • Price/SqFt

    $189

HOA

  • Association

    YES

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Broward

Elementary School

Middle School

High School

Listing Courtesy of Debra Temkin , CENTURY 21 Tenace Realty

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Don't miss this great investment opportunity in 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.

1025-1027 NE 16 Terrace

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