Progresso For Sale
1025-1027 Ne 16 Terrace, Fort Lauderdale, FL 33304

$899,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:R11062860
  • Virtual Tour: YES
  • List Price: $899,000
  • Living Area: 3026 Ft² / 281 M²
  • Price Per Foot/Meter: $297 / $3,198
  • Taxes:$15,157
  • Year Built:1960
  • Listing Date:February 15, 2025
  • Days On Market:151
  • Total Units:4

Description


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!

Features


  • Floor:Tile
  • Exterior Feature:Porch, Patio

Location


Request Information
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker