Fort Lauderdale, FL 33304,1020 NE 16th Ter
Fort Lauderdale, FL 33304,1020 NE 16th Ter
Fort Lauderdale, FL 33304,1020 NE 16th Ter
21
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$760,000
Est. pago /mo
1,104 SqFt
Price Dropped by $20K

1020 NE 16th Ter Fort Lauderdale, FL 33304

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ACTUALIZADO:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,104 sqft

Price per Sqft $688

Subdivision Progresso

MLS Listing ID A11733031

Construction Status Resale

HOA Y/N No

Year Built 1952

Annual Tax Amount $7,278

Tax Year 2024

Property Sub-Type Duplex

Descripción de la propiedad

Excellent opportunity for builders or investors looking to undertake a development in a sought-after urban development. Property is zooned for duplex, or multi family structure (3 units) up to 5 story high (55 feet high)
Lot is 6,762sf (0.16 AC) Prime location with excellent visibility and accessibility, Strong demand for housing space in the area. Note: some of the photos depict renderings.
Multifamily Req's:
Lot Size Min: 5,000sf
Height Max: 55ft
Lot Width Min: 50ft
Front set Back: 25ft
Side Set-back: 10ft
Rear Set-back 20ft
Land Density: 3.8 units rounded down - 3 units max
duplex #1 is 1bdr 1 bath
* similar structure generates $2k a month
duplex#2 is 2br 1 bath
* similar structure generates $2.5K a month

water meter is shared, 2 meters for electricity, roof 2010

Location

State FL

County Broward

Community Progresso

Area 3240

Direction Sheridan to the East until 15th Ave, turn to the North. One block North of Sunrise Blvd and 2 blocks NE from 15th Ave.

Interior

Heating Central

Cooling Central Air

Flooring Tile

Exterior

Pool None

Utilities Available Cable Not Available

Roof Type Shingle

Total Parking Spaces 8

Private Pool No

Building

Story 5

Sewer Public Sewer

Structure Type Block

Construction Status Resale

Others

Tax ID 494234045530

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11733031


Listed by Douglas Elliman

OBTENER MAS INFORMACION

agent

Willy Vilchez

Broker Real Estate

+1(941) 705-2818

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1020 NE 16th Ter