Name: 1025 - 1027 NE 16th Ter, Fort Lauderdale | MLS® A11894246
SKU: a11894246
Price: 1100000.0 USD
Availability: InStock

$1,100,000 Sale

Listed 17 hours ago

1025 - 1027 NE 16th Ter

MLS® a11894246 Multi Family

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Beds · 0

Baths · 0

Parking · 4

Sqft · 4223

Est. mortgage

$4,173/mo

Property Taxes

$15,156/yr

Association Fee

$0.00/mo

Key Facts

Key facts for 1025 - 1027 NE 16th Ter

Property Type

Apartment, Fourplex

Parking

4 parking

MLS #

A11894246

Size

4223 sqft

Basement

Listed on

Lot size

Tax

$15,156 /yr

Days on Market

Year Built

1959

Maintenance Fee

Description

Don’t miss this exceptional investment opportunity in the highly sought-after Lake Ridge neighborhood. This quadplex requires some renovation but offers strong income potential, or builders may redevelop the lot with up to three units, subject to setback requirements based on building height. Ideall...y located within walking distance to downtown Fort Lauderdale, beaches, shopping, and dining, the property includes two buildings—a one-story with two 1-bedroom, 1-bath units and a two-story with two 2-bedroom, 1-bath units—each featuring private yards or patios. Both buildings have separate water meters, and each unit is individually metered for electricity. Please do not disturb tenants or access the property without an appointment.

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Full Property Details

Interior

Washrooms

Square Footage

4223 sqft

Heating

None

Air Conditioning

Yes

Cooling

Ceiling Fans,Wall/Window Units

Flooring

Tile

Appliances

Unspecified

Washrooms

Square Footage

4223 sqft

Heating

None

Air Conditioning

Yes

Cooling

Ceiling Fans,Wall/Window Units

Flooring

Tile

Appliances

Unspecified

Exterior

View

Unspecified

Waterfront

Unspecified

Parking Spaces

Total Parking Spaces

Garage Spaces

Zoning

RMM-25

View

Unspecified

Waterfront

Unspecified

Parking Spaces

Total Parking Spaces

Garage Spaces

Zoning

RMM-25

Building Description

Style

Fourplex

Property Type

Residential Income

Home Type

Apartment

Subtype

Multi Family

Year Built

1959

Sewers

SepticTank

Roof Type

Other

Architecture

Fourplex

Style

Fourplex

Property Type

Residential Income

Home Type

Apartment

Subtype

Multi Family

Year Built

1959

Sewers

SepticTank

Roof Type

Other

Architecture

Fourplex

Community

Neighborhood

PROGRESSO

County

Broward

Area Code

3380

Subdivision

PROGRESSO

Neighborhood

PROGRESSO

County

Broward

Area Code

3380

Subdivision

PROGRESSO

Taxes & Fees

Taxes

$15,156 /yr

Tax Year

2024

Financing Terms

Cash,Conventional,FHA,Va Loan

HOA Fee

$0.00 /mo

Taxes

$15,156 /yr

Tax Year

2024

Financing Terms

Cash,Conventional,FHA,Va Loan

HOA Fee

$0.00 /mo

Other

Directions

95 to Sunrise Blvd. East to NE 15t Ave. make a left at NE 11th St. make a right and make another right onto NE 16th Terrace.

Virtual Tour Link

https://www.propertypanorama.com/instaview/mia/A11894246

Pets

Unspecified

Directions

95 to Sunrise Blvd. East to NE 15t Ave. make a left at NE 11th St. make a right and make another right onto NE 16th Terrace.

Virtual Tour Link

https://www.propertypanorama.com/instaview/mia/A11894246

Pets

Unspecified

Paul R. Atkinson

Email: [email protected] Cell: (954) 461-1786