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For sale
  • $899,000

    1025-1027 NE 16 Terrace, Fort Lauderdale, FL 33304

    6beds
    3,026sqft
    : 
    Multi Family
    Built in 1960
    -- sqft lot
    $856,200 Zestimate®
    $297/sqft
    $-- HOA

    What's special

    Private yards or patios
    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!
    170 days
    on Zillow
    |
    157
    |
    5
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: February 27, 2025 at 04:56am

    Listed by:

    Debra J Temkin 954-801-4114,

    Century 21 Tenace Realty

    Source: BeachesMLS,MLS#: RX-11062860MLS LogoOriginating MLS: Beaches MLS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1025-1027 NE 16 Terrace.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • None
    Cooling
    • Ceiling Fan(s), Wall/Window Unit(s), A/C Unit
    Appliances
    • Included: Dryer, Electric Range, Refrigerator, Washer, Range - Electric, Dishwasher
    • Laundry: W/D Hookup
    Features
    • Built-in Features, Kitchen, Pantry, Built-in Shelves, Cathed/Vault Ceiling, Volume Ceiling
    • Flooring: Tile
    Interior area
    • Total structure area: 6,753
    • Total interior livable area: 3,026 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: Space Parking
    Features
    • Stories: 2
    • Patio & porch: Covered Patio, Open Patio, Open Porch
    • Waterfront features: None
    Lot
    • Size: 6,753 Square Feet
    • Features: < 1/4 Acre
    Details
    • Parcel number: 494234045650
    • Zoning: RMM-25

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Frame
    • Roof: Other
    Condition
    • Resale
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Electric: Electric Meter, Separate Electrical Meters
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected

    Community & HOA

    Community
    • Features: None
    • Security: Smoke Detector(s), Smoke Detector
    • Subdivision: Progresso
    HOA
    • Services included: None
    Location
    • Region: Fort Lauderdale

    Financial & listing details

    • Price per square foot: $297/sqft
    • Annual tax amount: $15,157
    • Date on market: 2/15/2025
    • Listing terms: Cash,Other
    • Tenant pays: None
    • Electric utility on property: Yes
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