Property Details
| Sold Price | $515,000 |
|---|---|
| Last Asking Price | $579,000 |
| Price per SqFt | $466 |
| Maintenance fee | Inquire |
| Property Taxes | $7,278 2024 |
| Interior Space | 1,104 SqFt |
| Beds/Baths | —/— |
| Year Built | 1951 |
| Pool | No |
| Closed Date | 11/18/2025 |
| MLS # | A11874270 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
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 municipality
Listed by Keller Williams Realty Service
Sales History for This Home · 1020 NE 16th Terrace, Fort Lauderdale, FL 33304
Sales history is unavailable for this property
Listed by Keller Williams Realty Service. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Fort Lauderdale and throughout South Florida.
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Location
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