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1025-1027 NE 16 Terrace, Fort Lauderdale, FL 33304

Local realty services provided by:CENTURY 21 Tenace Realty
1025-1027 NE 16 Terrace,Fort Lauderdale, FL 33304
$750,000
Virtual Tour
  • - Beds
  • - Baths
  • 4,223 sq. ft.
  • Multi-family
  • Active
Listed by:
MLS#:R11132122
Source:RMLS

Price summary

  • Price:$750,000
  • Price per sq. ft.:$111.06

About this home

Don't miss this great investment opportunity in Lake Ridge! This Quadplex needs work to become an updated property. It is currently rented & offers strong income potential. Or, if preferred, it can be quickly readied for tear down. It's in a 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, one of which has 25 feet ceilings. Each unit features a private yard or patio. 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.

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Home facts

  • Year built:1960
  • Listing ID #:R11132122
  • Added:60 day(s) ago
  • Updated:December 10, 2025 at 04:06 PM

Rooms and interior

  • Living area:4,223 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Wall Window Units

Structure and exterior

  • Roof:Other
  • Year built:1960
  • Building area:4,223 sq. ft.
  • Lot area:0.16 Acres

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$750,000
  • Price per sq. ft.:$111.06
  • Tax amount:$15,157 (2024)
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