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$799,000
14 Days On Site

1025-1027 NE 16 Terrace
Fort Lauderdale, FL 33304

For Sale|Residential Income|Active
0
Beds
0
Total Baths
4,223
SqFt
$189
/SqFt
1960
Built
Subdivision:
Progresso
County:
Broward

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1025-1027 NE 16 Terrace1025-1027 NE 16 Terrace1025-1027 NE 16 Terrace1025-1027 NE 16 Terrace
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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.

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Listing Snapshot
Price 
$799,000
Days On Site 
14 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,223 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
6,753 Acres
Year Built 
1960
MLS® Number 
R11132122
Status 
Active
Property Tax 
$15,157
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
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What's This?
Private
Recent Activity
12 hours agoListing updated with changes from the MLS®
21 hours agoStatus changed to Active
2 weeks agoListing first seen on site
General Features
Levels 
Two
Sewer 
Public Sewer
SqFt Total 
6753
Utilities 
Cable AvailableElectricity AvailableSewer AvailableWater Available
Water Source 
Public
Zoning 
RMM-25
Interior Features
Cooling 
Ceiling Fan(s)Wall/Window Unit(s)
Flooring 
Tile
Heating 
Other
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Exterior Features
Construction Details 
Frame
Patio And Porch 
DeckPatio
Pool Features 
None
Roof 
Other
Community Features
Financing Terms Available 
Cash
HOA Fee Frequency 
Monthly
MLS Area 
3380
Listing courtesy of CENTURY 21 Tenace Realty



All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2025 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2025-10-28 08:36 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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