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$699,999 • living size area 1104 sqft
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 municipalityGelfand Realty Miami Properties for Sale - Multi Family for Sale
Back to Search 1020 NE 16TH TER, FORT LAUDERDALE, FL 33304
Multi Family - Lake Ridge Progresso for Sale
1020 NE 16TH TER, FORT LAUDERDALE, FL 33304
Asking Price$699,999
Share by:
- Living 1104sqft
- Taxes: Register to see
- Year Built 1951
-
Days on market:
22 day(s) -
Adjusted Area:
1104 sqft Original Price:
$699,999-
Price per sqft:
$634.06 Tax Legal Description:
PROGRESSO 2-18 D LOT 18 BLK 169Tax Year:
2024-
MLS:
A11874270 -
Property Type:
Multi Family -
Style:
Duplex -
Inclusions:
None
Construction Type:
Cbs ConstructionConcrete Block With Brick StuccoRoof:
ShingleFlat TileCooling Description:
Wall/Window Unit(s)Heating Description:
Window/WallFloor Description:
TerrazzoLot Features:
Less Than 1/4 Acre LotType of Association:
None
Description
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