Fort Lauderdale, FL 33304,1116 NE 17th Ter
Fort Lauderdale, FL 33304,1116 NE 17th Ter
Fort Lauderdale, FL 33304,1116 NE 17th Ter
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$600,000
Est. payment /mo
1,553 SqFt

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,553 sqft

Price per Sqft $386

Subdivision Progresso 2-18 D

MLS Listing ID F10506298

Style Triplex

Construction Status Resale

Year Built 1953

Annual Tax Amount $11,482

Tax Year 2024

Property Sub-Type Triplex

Property Description

Prime development opportunity in Lake Ridge! This 135' x 50' lot is perfect for building two luxury townhomes, each with 25' of frontage. New construction townhomes in the area are selling for upwards of $1.3M, making this an excellent investment for developers. Existing multifamily structure has month-to-month tenants who have been notified of the sale. Property is being sold at land value. Zoned for multifamily use and located just minutes from downtown Fort Lauderdale, beaches, and shopping. Don't miss this chance to build in one of Fort Lauderdale's fastest-growing neighborhoods.

Location

State FL

County Broward County

Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)

Zoning RC-15

Interior

Heating Central Heat

Cooling Central Cooling

Flooring Tile Floors

Exterior

Roof Type Curved/S-Tile Roof,Tar & Gravel Roof

Building

Lot Description Less Than 1/4 Acre Lot

Story 1.0000

Foundation Cbs Construction

Sewer Municipal Sewer

Construction Status Resale

Others

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/1116-NE-17th-Ter-Fort-Lauderdale-FL-33304/unbranded


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BeachesMLS Matrix (RAPB-F prefix)
Listed by Compass Florida, LLC

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agent

Luxury Partners Realty

+1(561) 819-5600

Broker | License ID: BK613860

Broker License ID: BK613860

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