1025-1027 NE 16 Terrace, Fort Lauderdale, FL 33304
- $585,000
- 4
- BA
- 4,223
- SqFt
- Sold Price
- $585,000
- List Price
- $750,000
- Days on Market
- 105
- Closing Date
- Apr 14, 2026
- MLS#
- R11132122
- Sq. Ft
- 4,223
- Subtype
- Quadruplex
- County
- Broward
- Subdivision
- Progresso
- Year Built
- 1960
Property Description
Don't miss this great investment opportunity in Lake Ridge! This Quadplex needs work to become an updated property. It is currently rented & offers strong income potential. Or, if preferred, it can be quickly readied for tear down. It's in a 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, one of which has 25 feet ceilings. Each unit features a private yard or patio. 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.
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Additional Information
- Construction
- Frame
- Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
- Flooring
- Tile
- Heating
- Other
- Restrict
- NoRestrictions
- Roof
- Other
- Taxes
- $15,157
- Utilities
- Cable Available, Sewer Available, Water Available
- Amenities
- None
- Waterfront
- None
- Stories
- 2
- Acres
- 0.16
- Price Per Sqft
- $138
Mortgage Calculator
Listing courtesy of CENTURY 21 Tenace Realty. Contact:
Selling Office: MLS Brokers LLC.
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Debra J Temkin | Email: dtsells4u@gmail.com