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1040 NE 16th AveFort Lauderdale, FL 33304

For Sale

$1,198,000

Smart Buyer Rebate $11,980

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

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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.

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.