1025-1027 NE 16 Terrace Fort Lauderdale, FL 33304
Listing Courtesy of: BeachesMLS/FlexMLS / Century 21 Tenace Realty / Debbie Temkin

  1025-1027 NE 16 Terrace Fort Lauderdale, FL 33304

Active (9 Days)
$899,000
6
BED
4
BATH
3,026
SQFT

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!

MLS #:
RX-11062860
Taxes
$15,157(2024)
Lot Size
6,753 SQFT
Type
Multifamily
Year Built
1960
Views
Cable, Public Sewer, Public Water, Electric
County
Broward County
Community
Progresso

Listed By

Debbie Temkin, Century 21 Tenace Realty
Source
BeachesMLS/FlexMLS
Last checked Feb 23 2025 at 10:42 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
Subdivision
  • Progresso
Heating and Cooling
  • No Heat
  • Wall-Win A/C
  • Ceiling Fan
Flooring
  • Tile
Living Area
  • 3,026 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by C21 Tenace Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 Beaches MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2/23/25 02:42