Multifamily in Fort Lauderdale, FL 33304
Lake Ridge, 1040 NE 16th Ave

$1.2M22.5%
$930,000
5,097
SqFt
Status
Sold - Nov 10, 2025
Size
5,097 SqFt (474 m2)
Price
$182/SqFt ($1,964/m2)
Type
Multifamily
Built
1978
MLS Number
A11768220
On Site
538 Days
Updated
14 Days ago
Page Views
0
PRICE IMPROVEMENT on This fabulous triplex, located in beautiful Lake Ridge is super clean and well maintained. The owner’s unit is one level. The living space is open, with plenty of room for dining and entertainment areas. The third bedroom has potential to be the primary bedroom suite or an in-law suite. The two attached townhouses, each have two bedrooms, 1.5 baths, and separate utilities. Shared private pool/ patio oasis is tucked away in the back of the house. Laundry is coin op, and is is in an enclosed area. The owners unit is currently vacant, and could rent for $3000/month. The townhouses have long term tenants, month to month occupancy. Ideal for investment or owner operator. Conveniently located to shopping, dining, 2.5 miles to beach, call and make an appointment today!

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Fence
      Interior, Heating and Cooling
      • Heating Description: Other
      • Cooling Description: CentralAir
      Building and Construction
      • Floor Description: CeramicTile
      • Year Built: 1978
      • Year Built Description: Resale
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2025-03-22T12:04:53.000-00:00
        Taxes, Fees & More
        • Taxes: 16533

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        Price History

        Current
        $930K
        High
        $1.2M
        Low
        $930K
        Total Change
        -22.5%
        $1.2M$1.1M$898KMar 25Jul 25Sep 25Sep 25Nov 25
        Date
        Event
        Price
        Change
        Price Per
        11/10/2025
        Sold
        $930K
        0%
        $182 ft2
        $1,964 m2
        09/10/2025
        Price Reduced
        $930K
        -4.62%
        $182 ft2
        $1,964 m2
        09/10/2025
        Price Reduced
        $975K
        -18.61%
        $191 ft2
        $2,059 m2
        07/16/2025
        Price Reduced
        $1.2M
        -0.17%
        $235 ft2
        $2,530 m2
        03/21/2025
        Listed
        $1.2M
         
        $235 ft2
        $2,534 m2
        11/10/2025
        $930K
        Event
        Sold
        Change
        0%
        Price Per
        $182 ft2
        $1,964 m2
        09/10/2025
        $930K
        Event
        Price Reduced
        Change
        -4.62%
        Price Per
        $182 ft2
        $1,964 m2
        09/10/2025
        $975K
        Event
        Price Reduced
        Change
        -18.61%
        Price Per
        $191 ft2
        $2,059 m2
        07/16/2025
        $1.2M
        Event
        Price Reduced
        Change
        -0.17%
        Price Per
        $235 ft2
        $2,530 m2
        03/21/2025
        $1.2M
        Event
        Listed
        Price Per
        $235 ft2
        $2,534 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Anthony MauroLPT Realty, LLC • Buyer Agency Compensation .

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        Scores

        Walk Score®
        Very Walkable. Most errands can be accomplished on foot
        81

        100
        Transit Score®
        Some Transit. A few nearby public transportation options
        38

        100
        Bike Score®
        Bikeable. Some bike infrastructure
        57

        100
        Sound Score®
        Bearable noise
        77

        100
        Airport Score
        Close to airports. Noticeable airport activity
        0

        100
        Traffic Score
        Congested area. Frequent traffic delays
        29

        100
        Local Score
        Limited local amenities nearby
        1

        100
        Community Snapshot
        1 – 4 BR
        Bedrooms
        $145K – $1.6M
        Price Tier
        540 - 10,650
        SqFt Range
        2004
        Year Build
        2
        Total Floors

        Subdivision Amenities

        None
        Pool

        Fort Lauderdale
        Mid-Tier
        Mid-Tier Homes & Condos

        Lake Ridge Communities in Fort Lauderdale, FL