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1020 NE 16th Ter
Fort Lauderdale, FL 33304
$760,000
2 Price Changes (-$ 39,999)
Active
21+
$760,000
Active
Bedrooms
Bathrooms
N/A
Half Baths
1,104 
Size Sq. Ft.
69
DOM
1020 NE 16th Ter Fort Lauderdale, FL 33304
Beds, Baths, Duplex 1,104 Sq.Ft.

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 Reqs: 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 duplex #1 is 1bdr 1 bath * similar structure generates $2k a month duplex#2 is 2br 1 bath * similar structure generates $2.5K a month water meter is shared, 2 meters for electricity, roof 2010

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Listing Summary
  • Address 1020 NE 16th Ter
  • City Fort Lauderdale
  • County Broward
  • Zip 33304
  • Price $760,000 ($688 / SqFt)
  • Status Active
  • Subdivision Progresso
  • Pets Allowed No
  • MLS® # A11733031
  • Property Type Residential Income
  • Property Sub TypeDuplex
  • Status Active
  • Square Feet 1,104
  • Year Built 1952
  • Waterfront No
  • Maintenance Fees No Info Provided
  • Taxes $7,278
  • Tax Year 2024
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1020 NE 16th Ter
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11733031) is provided courtesy of (Douglas Elliman). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated on 04-29-2025. IDX powered by Realty Net Media
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