$799,000

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

  • 4,223 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $189/sqft
  • Property List Date Icon Listed 15 days ago

Property Description

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.

Listing Status:
Active
Date Added:
October 14, 2025 at 05:00AM
Listing Office:
CENTURY 21 Tenace Realty : (561) 740-2100
Listing Agent:
Debra Temkin : (954) 801-4114
MLS ID:
R11132122
  • Flooring: Tile
  • A/C: Ceiling Fan(s)Wall/Window Unit(s)
  • Heating: Other
  • General: DeckPatio
  • Pool: None
  • Roofing: Other
  • General: Frame2
  • HOA Amenities: 0.0Monthly
  • Originating MLS: FTL_RMLS
  • County: Broward
  • Zoning: PROGRESSO 2-18 D LOT 6 BLK 170494234045650
  • Utilities: Cable AvailableElectricity AvailableSewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: FTL_RMLS

This listing courtesy of Debra Temkin, CENTURY 21 Tenace Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Bennett Elementary School

1755 NE 14th St, Fort Lauderdale, FL, 33304

Grades KG-5

0.51 miles away

S

Sunrise Middle School

1750 NE 14th St, Fort Lauderdale, FL, 33304

Grades 6-8

0.44 miles away

F

Fort Lauderdale High School

1600 NE 4th Ave, Fort Lauderdale, FL, 33305

Grades 9-12

1.05 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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#F10504868 - Excelsior Real Estate Inc