Price Reduced 5.00%


Price History

$799,999
1/28/2025

$780,000
2/22/2025

$760,000
3/14/2025


1020 NE 16th Terrace, Fort Lauderdale, FL, 33304

1020 NE 16th Terrace, Fort Lauderdale, FL, 33304

6,751 sqft

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 Max


Status:

Active

Type:

Lot / Acreage

Zoning:

RMM-25

Subdivision:

PROGRESSO

Acreage:

0.16

Est. Taxes:

$7,278

Lot Description:

< 1/4 Acre

View Description:

City

Amenities:

Sidewalks, Street Lights

MLS #:

RX-11056770


Community Info

School Info

Walk Score

Yelp


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