FL > Fort Lauderdale > Progresso
Fort Lauderdale, FL 33304,1020 NE 16th TER
Fort Lauderdale, FL 33304,1020 NE 16th TER
Fort Lauderdale, FL 33304,1020 NE 16th TER
21
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Listed by Douglas Elliman
$760,000
Est. payment /mo
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6,751 Sqft Lot
Price Dropped by $20K

1020 NE 16th TER Fort Lauderdale, FL 33304

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Dylan Snyder

Dylan Snyder

+1(561) 951-9301

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Commercial Land

Listing Status Active

Purchase Type For Sale

Subdivision Progresso

MLS Listing ID RX-11056770

HOA Y/N No

Annual Tax Amount $7,277

Tax Year 2024

Lot Size 6,751 Sqft

Property Sub-Type Commercial Land

Short Sale No

Sub Type Commercial Land

Property Description

Excellent opportunity for builders or investors looking to undertake a development in a sought-after urban development. Property is zooned for duplex or a multi-family structure ( 3 units) up to 5 story high ( 55 feet high) Lot is 6,762sf (0.16AC) Prime location with excellent visibility and accessibility. Strong demand for housing space in the area. Note: some of the photos depict renderings. Multifamily Ref's: Lot Size Min 5,000sfHeight Max: 55 ft Lot Width Min: 50ftFront Set Back: 25ftSide set back: 10ftRear Set-back: 20ftLand Density: 3.8 units rounded down 3 units Maxduplex #1 is 1bdr 1 bath* similar structure generates $2k a monthduplex#2 is 2br 1 bath* similar structure generates $2.5K a monthwater meter is shared, 2 meters for electricity, roof 2010

Location

State FL

County Broward

Area 3240

Zoning RMM-25

Zoning RMM-25

Exterior

Utilities Available Sewer

View City

Exposure East

Building

Lot Description < 1/4 Acre

Others

Miscellaneous Other

Acceptable Financing Cash, Conventional

Horse Property No

Listing Terms Cash, Conventional

Financing Cash,Conventional

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agent

Dylan Snyder

Agent | SLSL698137

+1(561) 951-9301

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1020 NE 16th TER

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