$799,000
1025-1027 NE 16 Terrace
Fort Lauderdale, FL, 33304
Visualization Tools
Project Description
Don’t miss this great investment opportunity in 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.
Financial
HOA Fee
$0
Taxes
$0
Utilities
Cable, Electric, Public Sewer, Public Water
Investment results for buyers and agents
Property Details
Price:
$799,000
MLS #:
RX-11132122
Status:
Active
Baths:
0
Type:
Residential Income
Subtype:
Quad Plex
Subdivision:
Progresso
Listed Date:
Oct 14, 2025
Finished Sq Ft:
6,753
Year Built:
1960
Schools
Interior
Cooling
Ceiling Fan, Wall- Win A/C
Flooring
Tile
Heating
Other
Exterior
Construction
Frame
Exterior Features
Covered Patio, Deck, Open Patio
Homeowners Assoc
None
Lot Description
< 1/4 Acre
Roof
Other
Waterfront Details
None
de todo
Map
Quick Information

Profitability of the Property
Net Monthly Income:
Annual Profitability of:
Rental ROI
Property Direction
- Address1025-1027 NE 16 Terrace Fort Lauderdale FL
- SubdivisionProgresso
- CityFort Lauderdale
- CountyBroward
- Zip Code33304
Subdivisions in Fort Lauderdale
- ARGONNE HEIGHTS AMD PLACE 16-8 B
- CORAL HILLS 37-20 B
- CORAL RIDGE ISLES
- FLA FRUIT LANDS CO SUB 1
- GARDEN VIEW APTS CONDO
- GOLDEN HEIGHTS HOMES 40-28 B
- IMPERIAL POINT 2 SEC 54-19 B
- LAUDERDALE ISLES 2-BLK 12
- LAUDERDALE ISLES 2-BLK 7
- LAUDERDALE VILLAS 29-37 B
- LINCOLN PARK
- M & I 135-4 B
- MARY-KNOLL 39-48 B
- MELROSE MANORS
- NORTH ANDREWS TERRACE FIRST ADD
- OAKLAND OCEAN MILE
- PINE ISLAND COMM 167-50 B
- PLAYA DEL MAR CONDO
- SANDS POINT CONDO II
- SOUTHPOINT CONDO
- TAMARAC GARDENS CONDO
- TRENT CONDO D
- TWIN LAKES EAST 79-22 B
- VILLA ALHAMBRA CONDO
- WOODLANDS SEC SIX 67-40 B
- YELLOWSTONE PARK AMD
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Listing courtesy of CENTURY 21 Tenace Realty, (561)–740–2100
© 2025 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed. This site was last updated Dec 07 2025 12:24:44 am.
© 2025 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed. This site was last updated Dec 07 2025 12:24:44 am.
1025-1027 NE 16 Terrace
Fort Lauderdale, FL
