Multifamily in Fort Lauderdale, FL 33304Lake Ridge, 1129 NE 16th Ave #1-5
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OFF MARKET
2,840
SqFtStatus
OFF MARKETExpired
Size
2,840 SqFt (264 m2)
Price
$440/SqFt ($4,737/m2)
Type
Multifamily
Built
1964
MLS Number
F10519209
On Site
402 Days
Updated
139 Days ago
Page Views
0
this property just sold and closed residential income property, 4- 1 bed 1 bath units, 1 efficiency and a 2 bedroom 1 bath unit. gross yr income now 99,600 with potential income 117,600, Separate laundry room for additional income, impact windows. Good for owner occupied or Airbnb. Great location Close to beach and downtown. Separate electrical meters, owner pays water, sewer and garbage. Please also refer to MLS F10517299 as commercial property listing. Rents are low due to long term tenants and owner generosity
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Central, Electric, SeparateMeters, WallFurnace
- Cooling Description: CentralAir, Electric, WallWindowUnits
Building and Construction
- Floor Description: Tile
- Year Built: 1964
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2025-08-05T20:00:00.000-00:00
Taxes, Fees & More
- Taxes: 23250
- Real Estate Taxes: 1073570
- Total Floors in Building: 1
- Total Units in Building: 4
- Total Units in Complex: 4
Apples-to-Apples Comparables
Price History
Current
$1.2M
High
$1.6M
Low
$1.2M
Total Change
-21.9%Date
Event
Price
Change
Price Per
01/29/2026
Price Reduced
$1.2M
-2.28%$440 ft2
$4,737 m2
11/13/2025
Price Reduced
$1.3M
-7.25%$450 ft2
$4,848 m2
10/02/2025
Price Reduced
$1.4M
-6.76%$486 ft2
$5,227 m2
09/04/2025
Price Reduced
$1.5M
-7.56%$521 ft2
$5,606 m2
08/06/2025
Listed
$1.6M
 $563 ft2
$6,064 m2
01/29/2026
$1.2M
Event
Price Reduced
Change
-2.28%Price Per
$440 ft2
$4,737 m2
11/13/2025
$1.3M
Event
Price Reduced
Change
-7.25%Price Per
$450 ft2
$4,848 m2
10/02/2025
$1.4M
Event
Price Reduced
Change
-6.76%Price Per
$486 ft2
$5,227 m2
09/04/2025
$1.5M
Event
Price Reduced
Change
-7.56%Price Per
$521 ft2
$5,606 m2
08/06/2025
$1.6M
Event
Listed
Price Per
$563 ft2
$6,064 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Antonio Vurro • RE/MAX Select Group • 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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