For more information regarding the value of a property, please contact us for a free consultation.
1116 NE 17th Ter Fort Lauderdale, FL 33304
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $560,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,553 sqft
Price per Sqft $360
Subdivision Progresso 2-18 D
MLS Listing ID F10506298
Sold Date 07/30/25
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
Read Less
Bought with Compass Florida, LLC