1116 NE 17th Ter Save Request In-Person Tour Request Virtual Tour
Fort Lauderdale,FL 33304
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
Year Built 1953
Annual Tax Amount $11,482
Tax Year 2024
Property Sub-Type Triplex
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
Zoning RC-15
Interior
Heating Central Heat
Cooling Central Cooling
Flooring Tile Floors
Exterior
Roof Type Curved/S-Tile Roof,Tar & Gravel Roof
Roof 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
Others
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/1116-NE-17th-Ter-Fort-Lauderdale-FL-33304/unbranded