Lake Ridge, 1116 NE 17th Ter, Fort Lauderdale, FL 33304

$600,000Price
1,553SqFt

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Details

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Status:
Backup
Size: 1,553 SqFt (144 m2)
Price: $386/SqFt ($4,159/m2)
Type: Multi Family
Built: 1953
MLS Number: F10506298
On Site: 57 Days
Updated: 28 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
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Tile
        • Year Built: 1953
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-06-02T15:57:50.000-00:00
          Taxes, Fees & More
          • Taxes: 11482
          • Total Units in Building: 4

          Price History

          06/02/2025

          Date

          Listed

          Event

          $600K

          Price

          $386 ft2 / $4,159 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Vito LabalestraCompass Florida, LLC • Buyer Agency Compensation .

          Instant Comps

          $100/ft²
          $500/ft²
          $1,000/ft²
          $1,600/ft²

          Unit 1116 NE 17th Ter – Asking

          $386/ft²

          (-7%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $416/ft²
          Community $/Price Range (Closed) $206/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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