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1025-1027 NE 16 Terrace, Fort Lauderdale FL 33304
1025-1027 NE 16 Terrace, Fort Lauderdale FL 33304
1025-1027 NE 16 Terrace, Fort Lauderdale FL 33304
1025-1027 NE 16 Terrace, Fort Lauderdale FL 33304
1025-1027 NE 16 Terrace, Fort Lauderdale FL 33304
1025-1027 NE 16 Terrace, Fort Lauderdale FL 33304
1025-1027 NE 16 Terrace, Fort Lauderdale FL 33304
1025-1027 NE 16 Terrace, Fort Lauderdale FL 33304
1025-1027 NE 16 Terrace, Fort Lauderdale FL 33304
1025-1027 NE 16 Terrace, Fort Lauderdale FL 33304
1025-1027 NE 16 Terrace, Fort Lauderdale FL 33304
1025-1027 NE 16 Terrace, Fort Lauderdale FL 33304
1025-1027 NE 16 Terrace, Fort Lauderdale FL 33304
1025-1027 NE 16 Terrace, Fort Lauderdale FL 33304
1025-1027 NE 16 Terrace, Fort Lauderdale FL 33304
1025-1027 NE 16 Terrace, Fort Lauderdale FL 33304
1025-1027 NE 16 Terrace, Fort Lauderdale FL 33304
1025-1027 NE 16 Terrace, Fort Lauderdale FL 33304
1025-1027 NE 16 Terrace, Fort Lauderdale FL 33304
Florida>Fort Lauderdale>Lake Ridge

1025-1027 NE 16 TerraceFort Lauderdale, FL 33304

For Sale

$899,000

Smart Buyer Rebate $8,990

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

Listed by Debra Temkin

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License #3049393

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Century 21 Tenace Realty

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(954) 801-4114

Last updated August 05, 2025

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Source: BeachesMLS #RX-11062860

Listing Facts

  • TypeMulti-family
  • NeighborhoodLake Ridge
  • Days on Prevu203
  • Taxes$15,157/year
  • Size3,026 sqft
  • Price per sqft$297

Amenities

  • Private Outdoor Space
  • Pets Allowed

Location

Mortgage Calculator

Listing History

02/15/2025
Listed by Century 21 Tenace Realty
$899,000

Property Details for 1025-1027 NE 16 Terrace

Association

Amenities

  • Community Features: Non Gated

Exterior

Construction

  • Number Of Units Total: 4
  • Property Condition: Resale
  • Roof: Other
  • Stories: 2
  • Year Built: 1960
  • Year Built Details: Resale
  • Construction Materials: Frame
  • Exterior Features: Porch, Patio

Features

  • Patio And Porch Features: Open, Patio, Porch

Measurements

  • Building Area Total: 6,753
  • Lot Features: Less Than Quarter Acre
  • Lot Size Area: 6,753
  • Lot Size Dimensions: 14
  • Lot Size Square Feet: 6,753
  • Lot Size Units: SquareFeet

Financial

Residential Income

  • Operating Expense: $25,000.00

Taxes

  • Parcel Number: 494234045650
  • Tax Annual Amount: $15,157.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Tile

Measurements

  • Living Area: 3,026

Other

Location

  • Subdivision Name: Progresso

Utilities

Equipment

  • Cooling: Ceiling Fans, Wall Window Units
  • Has Cooling: Yes
  • Sewer: PublicSewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Based on information from Beaches MLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.