1025-1027 NE 16 TER new

Fort Lauderdale,FL 33304

$ 899000

6 Beds

4 Baths

3026 SqFt


Key Details

Property Type Multi-Family

Sub Type Quad Plex

Listing Status Active

Purchase Type For Sale

Square Footage 3,026 sqft

Price per Sqft $297

Subdivision Progresso

MLS Listing ID RX-11062860

Bedrooms 6

Full Baths 4

Construction Status Resale

HOA Y/N No

Year Built 1960

Annual Tax Amount $15,157

Tax Year 2024

Lot Size 6,753 Sqft

Property Sub-Type Quad Plex

Property Description

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!

Location

State FL

County Broward

Area 3380

Zoning RMM-25

Interior

Heating No Heat

Cooling Ceiling Fan,Wall-Win A/C

Flooring Tile

Exterior

Exterior Feature Covered Patio,Open Porch,Open Patio

Utilities Available Electric,Public Water,Public Sewer,Cable

Amenities Available None

Waterfront Description None

Roof Type Other

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2.0

Foundation Frame

Construction Status Resale

Others

HOA Fee Include None

Senior Community No Hopa

Restrictions Maximum # Vehicles

Acceptable Financing Cash,Other

Listing Terms Cash,Other

Financing Cash,Other

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