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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:71 day(s) ago
  • Updated:December 23, 2025 at 09:37 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)
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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