1020 NE 16th Terrace, Fort Lauderdale, FL 33304

$760,000

bedrooms

bathrooms

square feet

Acreage

0.16

Open Houses

year built

Full Baths

Half Baths

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Excellent opportunity for builders or investors looking to undertake a development in a sought-after urban development. Property is zooned for duplex or a multi-family structure ( 3 units) up to 5 story high ( 55 feet high) Lot is 6,762sf (0.16AC) Prime location with excellent visibility and accessibility. Strong demand for housing space in the area. Note: some of the photos depict renderings. Multifamily Ref's: Lot Size Min 5,000sfHeight Max: 55 ft Lot Width Min: 50ftFront Set Back: 25ftSide set back: 10ftRear Set-back: 20ftLand Density: 3.8 units rounded down 3 units Maxduplex #1 is 1bdr 1 bath* similar structure generates $2k a monthduplex#2 is 2br 1 bath* similar structure generates $2.5K a monthwater meter is shared, 2 meters for electricity, roof 2010

Location
Subdivision	PROGRESSO
County	Broward
Elementary School	-
Middle School	-
High School	-

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MLS number: RX-11056770

Listing agent: Marina Bartashnik

Listing broker: Douglas Elliman (561) 249-4808

Last update: Tuesday, April 1 2025 at 1:08 p.m. EDT

Kotohomes National