$760,000
- Beds
- Unknown
- sq ft
- Unknown
1020 NE 16th Ter, Fort Lauderdale, FL 33304
1020 NE 16th Ter
Fort Lauderdale, FL 33304
- 60 days on market
- Price drop $20,000↓
Excellent opportunity for builders or investors looking to undertake a development in a sought-after urban development. Property is zooned for duplex or a multi-family structure ( 3 units) up to 5 story high ( 55 feet high) Lot is 6,762sf (0.16AC) Prime location with excellent visibility and accessibility. Strong demand for housing space in the area. Note: some of the photos depict renderings. Multifamily Ref's: Lot Size Min 5,000sfHeight Max: 55 ft Lot Width Min: 50ftFront Set Back: 25ftSide set back: 10ftRear Set-back: 20ftLand Density: 3.8 units rounded down 3 units Maxduplex #1 is 1bdr 1 bath* similar structure generates $2k a monthduplex#2 is 2br 1 bath* similar structure generates $2.5K a monthwater meter is shared, 2 meters for electricity, roof 2010
Details
Property type
Lot size
6,751 sq ft
Price per sq ft
Unknown
Year built
Unknown
Annual property taxes
$7,278
Price History
03/14/2025
Beaches #R11056770
Price change
$760,000
-2.56%
02/22/2025
Beaches #R11056770
Price change
$780,000
-2.5%
01/28/2025
Beaches #R11056770
Listed
$799,999
Schools & Community
Neighborhood:
Lake Ridge
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
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Status: Active
Tomo last checked: 03/28/2025 at 8:30 PM
Listing updated: 03/24/2025 at 3:36 PM
Listed by: Marina Bartashnik, Douglas Elliman Phone #: (561) 245-2635
MLS: Beaches #R11056770
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