Fort Lauderdale, FL 33304 1025-1027 NE 16 Terrace
$899,000
30 more
Presented By: Century 21 Tenace Realty
Beds • 6
Baths • 4
SQFT • 3,026
Home Details
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!
Presented By: Century 21 Tenace Realty
Interior Features for 1025-1027 NE 16 Terrace
Other Interior Features
Total # of Units4
Unit 1 DescA/C Unit, Built-in Shelves, Dryer, Electric Meter, Kitchen, Pantry, Range - Electric, Refrigerator, Smoke Detector, Washer
Unit 2 DescA/C Unit, Built-in Shelves, Dryer, Electric Meter, Range - Electric, Refrigerator, Washer
Unit 3 DescA/C Unit, Cathed/Vault Ceiling, Dishwasher, Dryer, Kitchen, Range - Electric, Refrigerator, Smoke Detector, Volume Ceiling, Washer
Unit 4 DescA/C Unit, W/D Hookup
FlooringTile
SqFt - Living3026.00
General for 1025-1027 NE 16 Terrace
Adult 55+No Hopa
Area3380
AuctionNo
Carport Spaces0.00
ConstructionFrame
CoolingCeiling Fan, Wall-Win A/C
Exterior FeaturesCovered Patio, Open Patio, Open Porch
Gated CommunityNo
Geo AreaFTNE
Geo Lat26.138286
Geo Lon-80.127062
HOANone
HeatingNo Heat
Legal DescriptionPROGRESSO 2-18 D LOT 6 BLK 170
Maintenance Fee InclNone
PossessionFunding
Property TypeB
REONo
RestrictMaximum # Vehicles
RoofOther
Short SaleNo
Source of ExpensesOwner
StatusActive
Stories2.0
SubdivisionProgresso
Tax Year2024
Taxes$15,157
Tenant PaysNone
Terms ConsideredCash, Other
TypeQuad Plex
UtilitiesCable, Electric, Public Sewer, Public Water
Virtual TourClick here
Year Built1960
ZoningRMM-25
Exterior for 1025-1027 NE 16 Terrace
Lot Description< 1/4 Acre
Private Pool Y/NNo
Subdiv AmenitiesNone
Unit 1 ParkingSpace Parking
Unit 2 ParkingSpace Parking
Unit 3 ParkingSpace Parking
Unit 4 ParkingSpace Parking
WaterfrontNo
WaterfrontNone
Additional Details
Price History
Asbel Tatiana Saldarriaga
Realtor®
