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$1,100,000
4 Days On Site

1025 – 1027 NE 16th Ter
Fort Lauderdale, FL 33304

For Sale|Quadruplex|Active
0
Beds
0
Total Baths
4,223
SqFt
$260
/SqFt
1959
Built
Subdivision:
PROGRESSO
County:
Broward
1025 - 1027 NE 16th Ter1025 - 1027 NE 16th Ter1025 - 1027 NE 16th Ter1025 - 1027 NE 16th Ter
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Monthly Payment (Est.)

$5,019
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Don’t miss this exceptional investment opportunity in the highly sought-after Lake Ridge neighborhood. This quadplex requires some renovation but offers strong income potential, or builders may redevelop the lot with up to three units, subject to setback requirements based on building height. Ideally located within walking distance to downtown Fort Lauderdale, beaches, shopping, and dining, the property includes two buildings—a one-story with two 1-bedroom, 1-bath units and a two-story with two 2-bedroom, 1-bath units—each featuring private yards or patios. Both buildings have separate water meters, and each unit is individually metered for electricity. Please do not disturb tenants or access the property without an appointment.

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Listing Snapshot
Price 
$1,100,000
Days On Site 
4 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,223 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1959
MLS® Number 
A11894246
Status 
Active
Property Tax 
$15,156
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayStatus changed to Active
yesterdayListing updated with changes from the MLS®
4 days agoPrice changed to $1,100,000
4 days agoListing first seen on site
General Features
Levels 
One
Number Of Stories 
1
Parking Spaces 
4
Property Sub Type 
Quadruplex
Sewer 
Septic Tank
SqFt Total 
4223
Style 
Fourplex
Utilities 
Cable Available
Zoning 
RMM-25
Interior Features
Cooling 
Ceiling Fan(s)Wall/Window Unit(s)
Flooring 
Tile
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Exterior Features
Construction Details 
Frame
Pool Features 
None
Roof 
Other
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
MLS Area 
3380
Listing courtesy of Compass Florida, LLC

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2025, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. 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. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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