1025-1027 NE 16 Terrace, Fort Lauderdale, FL 33304

List Price
$899,000
Days on Market
207
MLS#
R11062860
Sq. Ft
3,026
Lot Size
6,753
County
Broward
Subdivision
Progresso
Year Built
1960

Property Description

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!

Additional Information

Construction
Frame
Cooling
Ceiling Fan(s), Wall/Window Unit(s)
Flooring
Tile
Heating
None
Restrict
LimitedNumberVehicles
Roof
Other
Taxes
$15,157
Utilities
Cable Available, Electricity Available, Sewer Available, Water Available
Amenities
Non-Gated
Stories
2
Acres
0.16
Price Per Sqft
$297

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Century 21 Tenace Realty. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2025 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2025 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Debra Temkin | Email: dtsells4u@gmail.com