Listed By CENTURY 21 Tenace Realty
The Multi Family Home for Sale located at 1025-1027 NE 16 Terrace, Fort Lauderdale, Florida 33304 is currently for sale. 1025-1027 NE 16 Terrace, Fort Lauderdale, Florida 33304 is listed for $799,000.
$799,000 USD
Multi Family Home for Sale, 1025-1027 NE 16 Terrace, Fort Lauderdale, Florida 33304
- MLS#R11132122
- Home/Lot size
627 m² (6,753 ft²)
Property features
Property
- Property size:
627 m² (6,753 ft²)
Lot/Land
- Land/Lot size:
647 m² (0.16 ac)
Construction
- Year built: 1960
Utilities
- Other utilities: Public Sewer
Description
Don't miss this great investment opportunity in 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.
Location
1025-1027 NE 16 Terrace, Fort Lauderdale, Florida 33304