1025-1027 NE 16 Terrace, Fort Lauderdale, Florida 33304
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$750,000 USD

Multi Family Home for Sale, 1025-1027 NE 16 Terrace, Fort Lauderdale, Florida 33304

  • MLS#R11132122
  • 627 m² (6,753 ft²)

Listed By CENTURY 21 Tenace Realty

The Multi Family Home for Sale located at 1025-1027 NE 16 Terrace, Fort Lauderdale, Florida 33304 is currently for sale. 1025-1027 NE 16 Terrace, Fort Lauderdale, Florida 33304 is listed for $750,000.

Date Updated : Dec 9, 2025

Property features

Property

  • Property size: 627 m² (6,753 ft²)

Lot/Land

  • Land/Lot size: 647 m² (0.16 ac)

Construction

  • Year built: 1960

Utilities

  • Other utilities: Public Sewer

Description

Don't miss this great investment opportunity in Lake Ridge! This Quadplex needs work to become an updated property. It is currently rented & offers strong income potential. Or, if preferred, it can be quickly readied for tear down. It's in a prime walkable location near downtown, beaches, shopping, and dining. The lot includes two buildings: a one-story with two 1/1s, and a two-story with two 2/1s, one of which has 25 feet ceilings. Each unit features a private yard or patio. Each building has separate water meters, and each unit has its own electric meter. Please do not disturb tenants or walk the property without an appointment.

Location

1025-1027 NE 16 Terrace, Fort Lauderdale, Florida 33304

1025-1027 NE 16 Terrace, Fort Lauderdale, Florida 33304