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USAFLFort Lauderdale¤Progresso1020 Ne 16Th Ter
1020 Ne 16 Th Ter, Home with 0 bedrooms, 0 bathrooms and 4 parking in Fort Lauderdale FL | Image 1
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$699,999

1020 Ne 16 Th Ter, Fort Lauderdale, FL

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1104 sqft
Garage No
Taxes $7,278
Days Active 0
Lot Size 
Approx. Age 1951
Avg. Price Per Sqft $634
MLS® Number A11874270

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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 municipalityShow Description
MLS® NumberA11874270
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1951
Basement
Driveway
Garage Spaces
HeatWindow/Wall
A/CWall/Window Unit(s)
Heating Fuel

Extras

None

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