1025 - 1027 NE 16th Ter, Fort Lauderdale, FL 33304

Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
1025 - 1027 NE 16th Ter,Fort Lauderdale, FL 33304
$1,100,000
Virtual Tour
  • - Beds
  • - Baths
  • 4,223 sq. ft.
  • Multi-family
  • Active
Listed by:jeffrey corriolan pa
Office:compass florida, llc.
MLS#:A11894246
Source:SEFMLS

Price summary

  • Price:$1,100,000
  • Price per sq. ft.:$260.48

About this home

Don’t miss this exceptional investment opportunity in the highly sought-after Lake Ridge neighborhood. This quadplex requires some renovation but offers strong income potential, or builders may redevelop the lot with up to three units, subject to setback requirements based on building height. Ideally located within walking distance to downtown Fort Lauderdale, beaches, shopping, and dining, the property includes two buildings—a one-story with two 1-bedroom, 1-bath units and a two-story with two 2-bedroom, 1-bath units—each featuring private yards or patios. Both buildings have separate water meters, and each unit is individually metered for electricity. Please do not disturb tenants or access the property without an appointment.

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Home facts

  • Year built:1959
  • Listing ID #:A11894246
  • Updated:October 14, 2025 at 08:20 PM

Rooms and interior

  • Living area:4,223 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Wall/Window Units

Structure and exterior

  • Year built:1959
  • Building area:4,223 sq. ft.

Utilities

  • Sewer:Septic Tank

Finances and disclosures

  • Price:$1,100,000
  • Price per sq. ft.:$260.48
  • Tax amount:$15,156 (2024)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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