South Florida
Lake Ridge, 1215 NE 16th Ave, Fort Lauderdale, FL 33304
925,000(-5.41% )
$875,000Price
2,210SqFt
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Details
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Status:
Active
Size: 2,210 SqFt (205 m2)
Price: $396/SqFt ($4,262/m2)
Type: Multi Family
Built: 1958
MLS Number: A11809897
On Site: 63 Days
Updated: 2 Days ago
Page Views: 0
Exceptional investment opportunity – zoned rm-15 in lake ridge/ Progresso
not your average duplex! This income-producing property is located in the heart of fort lauderdale’s lake ridge/ Progresso neighborhood and offers significant future development potential. Zoned rm-15, it allows for up to 8 units. Each unit includes its own oversized, fenced backyard, providing rare privacy and outdoor space in a multifamily setting. Split and private main entry for tenants or owner/ Tenant
property is tenant-occupied and generating income. Ideal for investors looking to hold or redevelop in one of fort lauderdale’s most desirable locations—just minutes from las olas, the beach, and downtown.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: Fence, FruitTrees, SecurityHighImpactDoors, Patio, RoomForPool
Interior, Heating and Cooling
- Heating Description: Central,Electric
- Cooling Description: CentralAir, CeilingFans
Building and Construction
- Floor Description: CeramicTile
- Year Built: 1958
- Year Built Description: Resale
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2025-05-28T10:53:06.000-00:00
Taxes, Fees & More
- Taxes: 12158
Price History
06/16/2025
Date
Price Reduced
Event
$875K
Price
-5.41%
Change Rate
$396 ft2 / $4,262 m2
Price Per
05/26/2025
Date
Listed
Event
$925K
Price
$419 ft2 / $4,505 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Stephanie Pinder • Relux Realty Group - FTL • Buyer Agency Compensation .
Instant Comps
$100/ft²
$500/ft²
$1,000/ft²
$1,600/ft²
Unit 1215 NE 16th Ave – Asking
$396/ft²
(-5%) 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.
THINKING OF SELLING IN Lake Ridge at Fort Lauderdale?
Request a Comparative Market Analysis (CMA), It's free and comes with no obligation.
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Lake Ridge Communities in Fort Lauderdale, FL
Mid-Tier 3
Entry-Level 5
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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