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

$899,000


Bed


Bath


3,026

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Debra J Temkin

Century 21 Tenace Realty

Last updated:

May 29, 2025, 02:24 PM

MLS#

RX-11062860

Source:

RMLS

About This Home

1025-1027 NE 16 Terrace

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!

Home Facts

Multi-Family

Built in 1960

Price Summary

899,000

$297 per Sq. Ft.

MLS #:

RX-11062860

Last Updated:

May 29, 2025, 02:24 PM

Added:

4 month(s) ago


Rooms & Interior

Interior

Living Area:

3,026 Sq. Ft.


Structure

Structure

Building Area:

6,753 Sq. Ft.

Year Built:

1960


Lot

Lot Size (Sq. Ft):

6,753


Finances & Disclosures

Finances

Price:

$899,000

Price per Sq. Ft:

$297 per Sq. Ft.

Source:RMLS
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.