




$1,100,000 USD
Apartment for Sale, 1025 - 1027 NE 16th Ter, Fort Lauderdale, Florida 33304
- MLS#A11894246
392 m² (4,223 ft²)
Listed By Compass Florida, LLC
The Apartment for Sale located at 1025 - 1027 NE 16th Ter, Fort Lauderdale, Florida 33304 is currently for sale. 1025 - 1027 NE 16th Ter, Fort Lauderdale, Florida 33304 is listed for $1,100,000.
Property features
Property
- Property size:
392 m² (4,223 ft²) - Location: Subdivision
Construction
- Year built: 1959
- Construction: Attached
Heating and Cooling
- Cooling system: Wall Or Window Units
Utilities
- Other utilities: Septic Tank
Description
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.
Location
1025 - 1027 NE 16th Ter, Fort Lauderdale, Florida 33304