1215-1217 NE 16th Ave new

Fort Lauderdale,FL 33304

$ 925000

- Bed

0 Bath

2210 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,210 sqft

Price per Sqft $418

Subdivision Progresso

MLS Listing ID A11809897

Construction Status Resale

HOA Y/N No

Year Built 1958

Annual Tax Amount $12,158

Tax Year 2024

Property Sub-Type Duplex

Property Description

Exceptional Investment Opportunity – Zoned RM-15 in Lake Ridge/ Progresso

Not your average duplex! This income-producing property is located in the heart of Fort Lauderdale's Lake Ridge/ Progresso neighborhood and offers significant future development potential. Zoned RM-15, it allows for up to 8 units. Each unit includes its own oversized, fenced backyard, providing rare privacy and outdoor space in a multifamily setting. Split and private main entry for Tenants or Owner/ Tenant

Property is tenant-occupied and generating income. Ideal for investors looking to hold or redevelop in one of Fort Lauderdale's most desirable locations—just minutes from Las Olas, the beach, and downtown.

Location

State FL

County Broward

Community Progresso

Area 3280

Interior

Heating Central,Electric

Cooling Central Air,Ceiling Fan(s)

Flooring Ceramic Tile

Exterior

Exterior Feature Fence,Fruit Trees,Security/High Impact Doors,Patio,Room For Pool

Pool None

Utilities Available Cable Available

Roof Type Shingle

Porch Patio

Total Parking Spaces 4

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Construction Status Resale

Others

Tax ID 494234029200

Acceptable Financing Cash,Conventional,FHA

Listing Terms Cash,Conventional,FHA

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