$899,000 ($297.09 per sqft)

Est. Mortgage $4,487/mo *

Quick Pre-Approval

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

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

6 beds

4 Full baths

1960

3,026 sqft

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!


Status:

Active

Type:

Multi-family

Furnished Remarks:

No

Units:

4

Zoning:

RMM-25

Subdivision:

Progresso

Heating:

No Heat

Cooling:

Ceiling Fan, Wall-Win A/C

Parking:

Space Parking

Est. Taxes:

$15,157

Construction

Frame

Utilities

Cable,Electric,Public Sewer,Public Water

Lot Description:

< 1/4 Acre

Amenities:

None

MLS #:

RX-11062860


Community Info

School Info

Walk Score

Yelp


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