1020 NE 16th Ter new

Fort Lauderdale,FL 33304

$ 799999

- Bed

0 Bath

1104 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,104 sqft

Price per Sqft $724

Subdivision Progresso

MLS Listing ID A11733031

Construction Status Resale

HOA Y/N No

Year Built 1952

Annual Tax Amount $7,278

Tax Year 2024

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 multi family structure (3 units) up to 5 story high (55 feet high)
Lot is 6,762sf (0.16 AC) Prime location with excellent visibility and accessibility, Strong demand for housing space in the area. Note: some of the photos depict renderings.
Multifamily Req's:
Lot Size Min: 5,000sf
Height Max: 55ft
Lot Width Min: 50ft
Front set Back: 25ft
Side Set-back: 10ft
Rear Set-back 20ft
Land Density: 3.8 units rounded down - 3 units max

Location

State FL

County Broward

Community Progresso

Area 3240

Direction Sheridan to the East until 15th Ave, turn to the North. One block North of Sunrise Blvd and 2 blocks NE from 15th Ave.

Interior

Heating Central

Cooling Central Air

Flooring Tile

Exterior

Pool None

Utilities Available Cable Not Available

Roof Type Shingle

Total Parking Spaces 8

Building

Story 5

Sewer Public Sewer

Structure Type Block

Construction Status Resale

Others

Tax ID 494234045530

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Listed As-Is

View More
Favorite Go Tour