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Lake Ridge, 1129 NE 16th Ave #1-5, Fort Lauderdale, FL, 33304
1,279,000(-2.28% )
2,840SqFt
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Details
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Status:
Active
Size: 2,840 SqFt (264 m2)
Price: $440/SqFt ($4,737/m2)
Type: Multi Family
Built: 1964
MLS Number: F10519209
On Site: 204 Days
Updated: 5 Days ago
Page Views: 0
Legal 5 Units Building Now Operated As 6unit 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
      • Exterior Features: Balcony
      Interior, Heating and Cooling
      • Heating Description: Central, Electric, SeparateMeters, WallFurnace
      • Cooling Description: CentralAir, Electric, WallWindowUnits
      Building and Construction
      • Floor Description: Tile
      • Windows/Treatment: ImpactGlass
      • 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
        • Maintenance Includes: Sewer,Trash,Water
        • Taxes: 23250
        • Real Estate Taxes: 1073570
        • Total Floors in Building: 1
        • Total Units in Complex: 4
        Apples-to-Apples Comparables
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        Price History
        01/29/2026
        Date
        Price Reduced
        Event
        $1.2M
        Price
        -2.28%
        Change Rate
        $440 ft2 / $4,737 m2
        Price Per
        11/13/2025
        Date
        Price Reduced
        Event
        $1.3M
        Price
        -7.25%
        Change Rate
        $450 ft2 / $4,848 m2
        Price Per
        10/02/2025
        Date
        Price Reduced
        Event
        $1.4M
        Price
        -6.76%
        Change Rate
        $486 ft2 / $5,227 m2
        Price Per
        09/04/2025
        Date
        Price Reduced
        Event
        $1.5M
        Price
        -7.56%
        Change Rate
        $521 ft2 / $5,606 m2
        Price Per
        08/06/2025
        Date
        Listed
        Event
        $1.6M
        Price
        $563 ft2 / $6,064 m2
        Price Per
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Antonio VurroRE/MAX Select Group • Buyer Agency Compensation .
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