1020 NE 16th Ter Fort Lauderdale FL 33304 MLS #A11733031

1020 NE 16th Ter
Fort Lauderdale, FL, 33304
$760,000
Beds
0 Baths
1,104 SqFt
0 Acres
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Excellent opportunity for builders or investors looking to undertake a development in a sought-after urban development. Property is zooned for duplex, or multi family structure (3 units) up to 5 story high (55 feet high)
Lot is 6,762sf (0.16 AC) Prime location with excellent visibility and accessibility, Strong demand for housing space in the area. Note: some of the photos depict renderings.
Multifamily Req’s:
Lot Size Min: 5,000sf
Height Max: 55ft
Lot Width Min: 50ft
Front set Back: 25ft
Side Set-back: 10ft
Rear Set-back 20ft
Land Density: 3.8 units rounded down – 3 units max
duplex #1 is 1bdr 1 bath
* similar structure generates $2k a month
duplex#2 is 2br 1 bath
* similar structure generates $2.5K a month

water meter is shared, 2 meters for electricity, roof 2010

Property Details

Price:
$760,000
MLS #:
A11733031
Status:
Active
Beds:
0
Baths:
0
Address:
1020 NE 16th Ter
Type:
Multi Family
Subtype:
Duplex
Subdivision:
PROGRESSO
Neighborhood:
Progresso
City:
Fort Lauderdale
Listed Date:
Jan 28, 2025
State:
FL
Finished Sq Ft:
1,104
Total Sq Ft:
1,104
ZIP:
33304
Year Built:
1952
Units:
3
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CENTURY 21 Carioti

CENTURY 21 Carioti

Florida, Real Estate

Phone 800 783-8847

CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.

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Schools

Interior

Cooling
Central Air
Flooring
Tile
Heating
Central

Exterior

Architectural Style
Other
Construction Materials
C B S Construction
Parking Spots
8
Roof
Shingle

Financial

Tax Year
2024
Taxes
$7,278

Map

Community

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Courtesy of Douglas Elliman. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Miami, FL. All rights reserved.
Rover IDX
1020 NE 16th Ter
Fort Lauderdale, FL