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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

1215 NE 16TH AVE, FORT LAUDERDALE, FL 33304

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Multi Family - PROGRESSO for Sale

1215 NE 16TH AVE, FORT LAUDERDALE, FL 33304

Asking Price$849,000 Change Price$26,000

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  • Days on market:

    114 day(s)
  • Adjusted Area:

    2188 sqft
  • Original Price:

    $925,000
  • Price per sqft:

    $384.16
  • Tax Legal Description:

    PROGRESSO 2-18 D LOT 8 S 40,9 N 40 BLK 102
  • Tax Year:

    2024
  • Property Type:

    Multi Family
  • Style:

    Duplex
  • Construction Type:

    Concrete Block Construction
  • Roof:

    Shingle
  • Cooling Description:

    Central AirCeiling Fan(s)
  • Heating Description:

    ElectricCentral
  • Floor Description:

    Ceramic Floor
  • Exterior Features:

    Fruit TreesRoom For Pool
  • Lot Features:

    Less Than 1/4 Acre Lot
  • Type of Association:

    None

Description

$849,000 • living size area 2210 sqft

Exceptional investment opportunity – zoned rm-15 in lake ridge/ progresso not your average duplex! this income-producing property is located in the heart of fort lauderdale’s lake ridge/ progresso neighborhood and offers significant future development potential. zoned rm-15, it allows for up to 8 units. each unit includes its own oversized, fenced backyard, providing rare privacy and outdoor space in a multifamily setting. split and private main entry for tenants or owner/ tenant property is tenant-occupied and generating income. ideal for investors looking to hold or redevelop in one of fort lauderdale’s most desirable locations—just minutes from las olas, the beach, and downtown.

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