South Florida
Lake Ridge, 1020 NE 16th Ter Fort Lauderdale, FL, 33304
$799,999Price
1,104SqFt
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Size: 1,104 ft2 / 103 m2
Price: $725 ft2 / $7,800 m2
Built: 1952
MLS Number: A11733031
On Site: 25 Days
Updated: 24 Days ago
Page Views: 0
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
Price History
01/27/2025
Date
Listed
Event
$800K
Price
$725 ft2 / $7,800 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Marina Bartashnik • Douglas Elliman • Buyer Agency Compensation .
Instant Comparative Market Analysis
$100/ft²
$500/ft²
$1,000/ft²
$1,600/ft²
Unit 1020 NE 16th Ter – Asking
$725/ft²
(+78%) from Closed Medium $/ft²
Closed Medium $/ft²
$406/ft²
Community $/Price Range (Closed) $229/ft² – $1429/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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