Lake Ridge, 1020 NE 16th Ter Multifamily in Fort Lauderdale, FL 33304
Closed
$515,000
1,104
SqFtStatus
Sold - Nov 18, 2025
Size
1,104 SqFt (103 m2)
Price
$466/SqFt ($5,021/m2)
Type
Multifamily
Built
1951
MLS Number
A11874270
On Site
233 Days
Updated
162 Days ago
Page Views
0
Redevelopment opportunity in the heart of Fort Lauderdale’s Lake Ridge neighborhood. This duplex sits on a 6,750 sq ft lot and is zoned RMM-25, allowing up to 25 units per acre with a maximum building height of 55 feet. Current use is a 2-unit duplex (2/1 + 1/... Read more
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: WallFurnace
- Cooling Description: WallWindowUnits
Building and Construction
- Floor Description: Terrazzo
- Year Built: 1951
- Year Built Description: Resale
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2025-09-08T12:43:47.000-00:00
Taxes, Fees & More
- Taxes: 7278
Apples-to-Apples Comparables
THINKING OF SELLING
IN Lake Ridge at Fort Lauderdale?
IN Lake Ridge at Fort Lauderdale?
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pricing strategy and targeted marketing plan
pricing strategy and targeted marketing plan
Price History
11/18/2025
Date
Sold
Event
$515K
Price
0%
Change Rate
$466 ft2 / $5,021 m2
Price Per
10/09/2025
Date
Price Reduced
Event
$515K
Price
-11.05%
Change Rate
$466 ft2 / $5,021 m2
Price Per
10/09/2025
Date
Price Reduced
Event
$579K
Price
-17.29%
Change Rate
$524 ft2 / $5,645 m2
Price Per
09/08/2025
Date
Listed
Event
$700K
Price
$634 ft2 / $6,825 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Caroline Sesi • Keller Williams Realty Service • Buyer Agency Compensation .
Listing Location & Street View
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