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

Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
1025-1027 NE 16 Terrace,Fort Lauderdale, FL 33304
$899,000
  • - Beds
  • - Baths
  • 3,026 sq. ft.
  • Multi-family
  • Active
Listed by:debra temkin
Office:century 21 tenace realty
MLS#:R11062860
Source:RMLS

Price summary

  • Price:$899,000
  • Price per sq. ft.:$133.13

About this home

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!

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Home facts

  • Year built:1960
  • Listing Id #:R11062860
  • Added:179 day(s) ago
  • Updated:August 13, 2025 at 02:48 PM

Rooms and interior

  • Living area:3,026 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Wall Window Units

Structure and exterior

  • Roof:Other
  • Year built:1960
  • Building area:3,026 sq. ft.
  • Lot area:0.16 Acres

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$899,000
  • Price per sq. ft.:$133.13
  • Tax amount:$15,157 (2024)
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