Home » Fort Lauderdale » 1020 NE 16th Ter, Fort Lauderdale, FL 33304 | A11733031

Duplex For Sale 1020 NE 16th Ter, Fort Lauderdale, FL 33304

$799,999

Property Highlights

Listing ID A11733031 Status of this Listing: Active For Sale Property Type Residential Income (Multifamily 2-4) Duplex Living Space 1,104 Sqft/102.56 m2 approx. Building Area 1,104 Sqft/102.56 m2 approx. Year Built 1952 Time of this property on Rebonus 3 Day(s)

1020 NE 16th Ter, Fort Lauderdale, FL 33304

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

Useful Info

Original List Price:$799,999
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Lease Details

Rent Includes:
  • Other

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Construction Materials:
  • Block
Flooring:
  • Tile
Stories:5

Property Features

Waterfront:No
Roof:
  • Shingle
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$7,278

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2024
Property Tax Status:Tax Reflects City & County Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Owner
Buyer Possession:
  • Close Of Escrow
Lease Considered:No

Community

Subdivision Name:PROGRESSO
Senior Community:No

Parking

Parking Total Spaces:8
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Not Available

More Details

Other Information:
Tax InformationTax Reflects City & County Tax
Flood ZoneAE
Type of AssociationNone
StyleDuplex
FEMA Flood Zone DesignationsAE
Ref1103415065
Subdivision Number4

Zoning and Legal

Tax Legal Description:PROGRESSO 2-18 D LOT 18 BLK 169
Real Estate Folio Number (Parcel Number):494234045530
Zoning Description:RMM-25
Public Survey Range:49
Public Survey Section:34

Listing History

Update/EventDate/Days
Published Date:January 28, 2025 9:40 am
On Market Date:January 28, 2025
Price Change Date Time:January 27, 2025 4:41 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:January 28, 2025 9:40 am
Status Last Changed:January 28, 2025 9:40 am
Photos Last Modified:January 28, 2025 3:01 pm
Last Modified:January 28, 2025 7:01 pm
Days on the Market Reference Date:January 28, 2025
Days on the Market (updated on Last Modified*):0
Cumulative Days on the Market (updated on Last Modified**):0

Additional Information

Lot Size Range:1/2 To Less Than 3/4 Acre Lot
Number of Photos:21
Location:,,1/2 To Less Than 3/4 Acre Lot
Included:,,
Geographical Area:North Broward Intracoastal To Us1 (3211-3234)
Area:3240
Automated Valuation Display:Yes
Courtesy of:Douglas Elliman
Universal Property Id:US-12011-N-494234045530-R-N

Location

Show Property Address:Yes
Street Name:16th Ter
Street Number:1020
Street Direction Prefix:NE
Street Address:1020 NE 16th Ter
City : Fort Lauderdale
State : Florida
Zip Code : 33304
County : Broward
Full Address:1020 NE 16th Ter, Fort Lauderdale, FL 33304
Latitude:N26° 8' 17.4''
Longitude:W81° 52' 24.2''

Neighborhood

Postal City:Fort Lauderdale

Property Map