This fabulous triplex, located in beautiful Lake Ridge is super clean and well maintained. The owner’s unit is one level. The living space is open, with plenty of room for dining and entertainment areas. The third bedroom has potential to be the primary bedroom suite or an in-law suite. The two attached townhouses, each have two bedrooms, 1.5 baths, and separate utilities. Shared private pool/ patio oasis is tucked away in the back of the house. Laundry is coin op, and is is in an enclosed area. The owners unit is currently vacant, and could rent for $3000/month. The townhouses have long term tenants, month to month occupancy. Ideal for investment or owner operator. Conveniently located to shopping, dining, 2.5 miles to beach and all that it has to offer call and make an appointment today!
Listed by Anthony Mauro
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License #3210527
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LPT Realty, LLC
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954-732-1089
Last updated July 16, 2025
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Source: MIAMIRE #A11768220
Listing Facts
TypeMulti-family
NeighborhoodLake Ridge
Days on Prevu169
Taxes$16,533/year
Size5,097 sqft
Price per sqft$235
Amenities
Pets Allowed
Air Conditioning
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
07/16/2025
Price Decreased
$1,198,000
03/22/2025
Listed by LPT Realty, LLC
$1,200,000
Property Details for 1040 NE 16th Ave
Association
General
Number Of Units In Community: 3
Exterior
Construction
Roof: Composition Roll, Shingle
Stories: 2
Stories Total: 2
Structure Type: Triplex
Year Built: 1978
Year Built Details: Resale
Architectural Style: Attached
Building Name: LAKE RIDGE
Construction Materials: Concrete Block Construction
Features
Building Features: Laundry Facility
Fencing: Fenced
Pool Features: In Ground
Measurements
Building Area Total: 6,509
Building Area Units: Square Feet
Lot Features: Less Than 1/4 Acre Lot
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 494234045790
Tax Annual Amount: $16,533.00
Tax Year: 2024
Interior
Features
Flooring: Ceramic Floor
Measurements
Living Area: 5,097
Living Area Units: Square Feet
Other
Location
Subdivision Name: LAKE RIDGE
Parking
Parking
Parking Total: 6
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Other
Has Heating: Yes
Sewer: Public Sewer
Water Source: Municipal Water
Based on information from Miami Association of REALTORS 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.
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.