$875,000
For Sale

1215 NE 16th Ave

Fort Lauderdale, FL 33304
Browse 65 photos
Type:Multi-Family
Structure:2 Family
Zone:Commercial

Description

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.

  • Property Details
      • Exterior MaterialsFruit Trees, Room For Pool
      • Lot DescriptionLess Than 1/4 Acre Lot
      • CountyBroward County
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • SubdivisionPROGRESSO
      • MLS #A11809897
      • MLS #A11809897
      • Cost875000
      • Property SubtypeDuplex
      • Structure TypeDuplex
      • Square Feet2210
      • Year Built1958
      • Stories1

Location

Atlantic 360 Luxury Residences ArubaZENWAVE
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Interest Rate

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6.0%

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2.6%
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