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$579,000
44 Days On Site

1020 NE 16th Ter
Fort Lauderdale, FL 33304

For Sale|Duplex|Active
0
Beds
0
Total Baths
1,104
SqFt
$524
/SqFt
1951
Built
Subdivision:
Lake Ridge Progresso
County:
Broward

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1020 NE 16th Ter1020 NE 16th Ter1020 NE 16th Ter1020 NE 16th Ter
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Redevelopment opportunity in the heart of Fort Lauderdale’s Lake Ridge neighborhood. This duplex sits on a 6,750 sq ft lot and is zoned RMM-25, allowing up to 25 units per acre with a maximum building height of 55 feet. Current use is a 2-unit duplex (2/1 + 1/1), providing immediate rental income while planning future development. Ideal for developers and investors, this site can support three townhomes or explore potential density bonuses with affordable/workforce housing programs. Located just minutes from Las Olas, Downtown, and the beach, Lake Ridge continues to attract new construction townhomes and multifamily projects. *Buyer to verify all zoning and density requirements with the municipality

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Listing Snapshot
Price 
$579,000
Days On Site 
44 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,104 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1951
MLS® Number 
A11874270
Status 
Active
Property Tax 
$7,278
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoPrice changed to $579,000
2 weeks agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Levels 
One
Number Of Stories 
1
Parking Spaces 
4
Property Sub Type 
Duplex
Sewer 
Public Sewer
SqFt Total 
1104
Utilities 
Cable Available
Water Source 
Public
Zoning 
RMM-25
Interior Features
Cooling 
Wall/Window Unit(s)
Flooring 
Terrazzo
Heating 
Wall Furnace
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Exterior Features
Construction Details 
BrickBlockStucco
Pool Features 
None
Roof 
FlatShingleTile
Community Features
Financing Terms Available 
ConventionalFHAVA Loan
MLS Area 
3380
Listing courtesy of Keller Williams Realty Service

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2025, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. 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. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

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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