1025-1027 NE 16 Terrace
Fort Lauderdale, Florida

MLS#: RX-11062860

$899,000 USD

  • Type
    Multi Family Home
  • Bedrooms
    6
  • Bathrooms
    4
The details

Property features

Construction details

  • Year built: 1960

Area

  • Bedrooms: 6
  • Bathrooms: 4
  • Total rooms: 10

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!

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Location

Fort Lauderdale, Florida