Multifamily in Fort Lauderdale, FL 33304Lake Ridge, 1116 NE 17th Ter #1-3
Share
Closed
1,553
SqFtStatus
Sold - Jul 30, 2025
Size
1,553 SqFt (144 m2)
Price
$361/SqFt ($3,881/m2)
Type
Multifamily
Built
1953
MLS Number
F10506298
On Site
466 Days
Updated
22 Days ago
Page Views
0
Prime development opportunity in Lake Ridge! This 135' x 50' lot is perfect for building two luxury townhomes, each with 25' of frontage. New construction townhomes in the area are selling for upwards of $1.3M, making this an excellent investment for developers. Existing multifamily structure has month-to-month tenants who have been notified of the sale. Property is being sold at land value. Zoned for multifamily use and located just minutes from downtown Fort Lauderdale, beaches, and shopping. Don’t miss this chance to build in one of Fort Lauderdale’s fastest-growing neighborhoods.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: Balcony
Interior, Heating and Cooling
- Heating Description: Central
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Tile
- Year Built: 1953
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2025-06-02T16:57:50.000-00:00
Taxes, Fees & More
- Maintenance Includes: Sewer
- Taxes: 11482
- Real Estate Taxes: 546940
- Total Floors in Building: 1
- Total Units in Building: 4
- Total Units in Complex: 4
Apples-to-Apples Comparables
Price History
Current
$560K
High
$600K
Low
$560K
Total Change
-6.7%Date
Event
Price
Change
Price Per
07/30/2025
Sold
$560K
0%$361 ft2
$3,881 m2
07/30/2025
Price Reduced
$560K
-6.67%$361 ft2
$3,881 m2
06/02/2025
Listed
$600K
 $386 ft2
$4,159 m2
07/30/2025
$560K
Event
Sold
Change
0%Price Per
$361 ft2
$3,881 m2
07/30/2025
$560K
Event
Price Reduced
Change
-6.67%Price Per
$361 ft2
$3,881 m2
06/02/2025
$600K
Event
Listed
Price Per
$386 ft2
$4,159 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Vito Labalestra • Compass Florida, LLC • Buyer Agency Compensation .
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Scores
81
100
38
100
57
100
77
100
0
100
29
100
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
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Lake Ridge Communities in Fort Lauderdale, FL
Mid-Tier
Mid-Tier 4
Premium
Premium 2
Entry-Level
Entry-Level 4
Inactive Segment
Inactive Segment 2
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