1025-1027 NE 16 TER Active Save Request In-Person Tour Request Virtual Tour
Fort Lauderdale,FL 33304
Key Details
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Active
Purchase Type For Sale
Square Footage 3,026 sqft
Price per Sqft $297
Subdivision Progresso
MLS Listing ID RX-11062860
Bedrooms 6
Full Baths 4
Year Built 1960
Annual Tax Amount $15,157
Tax Year 2024
Lot Size 6,753 Sqft
Property Sub-Type Quad Plex
Short Sale No
Sub Type Quad Plex
Property 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!
Location
State FL
County Broward
Area 3380
Zoning RMM-25
Zoning RMM-25
Interior
Heating No Heat
Cooling Ceiling Fan,Wall-Win A/C
Flooring Tile
Exterior
Exterior Feature Covered Patio,Open Patio,Open Porch
Utilities Available Cable,Electric,Public Sewer,Public Water
Amenities Available None
Waterfront Description None
Roof Type Other
Roof Other
Construction Frame
Building
Lot Description < 1/4 Acre
Story 2.0
Foundation Frame
Others
Acceptable Financing Cash,Other
Listing Terms Cash,Other
Virtual Tour https://www.propertypanorama.com/10251027-NE-16-Terrace-Fort-Lauderdale-FL-33304/unbranded