1116 NE 17th Ter, Fort Lauderdale, FL 33304
- $560,000
- 1,553
- SqFt
- Sold Price
- $560,000
- List Price
- $600,000
- Days on Market
- 27
- Closing Date
- Jul 30, 2025
- MLS#
- F10506298
- Sq. Ft
- 1,553
- Subtype
- Triplex
- County
- Broward
- Subdivision
- Progresso 2-18 D
- Year Built
- 1953
Property Description
Prime development opportunity in Lake Ridge! This 135' x 50' lot is perfect for building two luxury townhomes, each with 25' of frontage. New construction townhomes in the area are selling for upwards of $1.3M, making this an excellent investment for developers. Existing multifamily structure has month-to-month tenants who have been notified of the sale. Property is being sold at land value. Zoned for multifamily use and located just minutes from downtown Fort Lauderdale, beaches, and shopping. Don’t miss this chance to build in one of Fort Lauderdale’s fastest-growing neighborhoods.
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Additional Information
- Construction
- Block
- Cooling
- Central Air
- Flooring
- Tile
- Heating
- Central
- Roof
- Spanish Tile, Tar/Gravel
- Taxes
- $11,482
- Utilities
- Cable Available
- Amenities
- Non-Gated
- Stories
- 1
- Price Per Sqft
- $360
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Listing courtesy of Compass Florida, LLC. Contact:
Selling Office: Compass Florida, LLC.
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: Vito Labalestra | Email: vitoandana@icloud.com