1 of 10 - 1020 Ne 16th Ter, Fort Lauderdale, FL Save the listing
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1020 Ne 16th Ter, Fort Lauderdale, FL

$579,000

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1,104

Square feet

About 1020 Ne 16th Ter

Redevelopment opportunity in the heart of Fort Lauderdale’s Lake Ridge neighborhood. This duplex sits on a 6,750 sq ft lot and is zoned RMM-25, allowing up to 25 units per acre with a maximum building height of 55 feet. Current use is a 2-unit duplex (2/1 + 1/1), providing immediate rental income while planning future development. Ideal for developers and investors, this site can support three townhomes or explore potential density bonuses with affordable/workforce housing programs. Located just minutes from Las Olas, Downtown, and the beach, Lake Ridge continues to attract new construction townhomes and multifamily projects. *Buyer to verify all zoning and density requirements with the municipality

Condo/co-op/villa/townhouse property for sale in Fort Lauderdale, FL at 1020 Ne 16th Ter. This Condo/co-op/villa/townhouse property is priced at $524/sqft

Features of 1020 Ne 16th Ter

MLS® # A11874270
Price $579,000
Bathrooms 0.00
Square Footage 1,104
Acres 0.00
Year Built 1951
Type Condo/co-op/villa/townhouse
Sub-Type Duplex
Status Pending

Community Information: Fort Lauderdale

Address 1020 Ne 16th Ter
Area 3380
Subdivision Lake Ridge Progresso
City Fort Lauderdale
County Broward
State FL
Zip Code 33304-2331

Amenities of 1020 Ne 16th Ter

Utilities Cable Available
Is Waterfront No
Has Pool No

Interior of 1020 Ne 16th Ter

Interior Terrazzo
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
# of Stories 1
Stories One

Exterior of 1020 Ne 16th Ter

Roof Flat, Shingle, Tile
Construction Brick, Block, Stucco

Additional Information On 1020 Ne 16th Ter

Listing Courtesy of Keller Williams Realty Service
Date Listed September 8th, 2025

Listing Details

OfficeKeller Williams Realty Service

Listing Map

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