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.
For sale
Price cut: $50K (6/17)
$875,000
1215-1217 NE 16th Ave, Fort Lauderdale, FL 33304
4beds
4baths
2,210sqft
Est.:
Duplex
Built in 1958
-- sqft lot
$-- Zestimate®
$396/sqft
$-- HOA
What's special
Oversized fenced backyardOutdoor space
- 90 days
- on Zillow |
- 253 |
- 26 |
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