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$930,000

  • Sold
  • Closed
  • Triplex
  • 5,097 Sq. Ft.
  • Updated 6 hours ago
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PRICE IMPROVEMENT on This fabulous triplex, located in beautiful Lake Ridge is super clean and well maintained. The owner's unit is one level. The living space is open, with plenty of room for dining and entertainment areas. The third bedroom has potential to be the primary bedroom suite or an in-law suite. The two attached townhouses, each have two bedrooms, 1.5 baths, and separate utilities. Shared private pool/ patio oasis is tucked away in the back of the house. Laundry is coin op, and is is in an enclosed area. The owners unit is currently vacant, and could rent for $3000/month. The townhouses have long term tenants, month to month occupancy. Ideal for investment or owner operator. Conveniently located to shopping, dining, 2.5 miles to beach, call and make an appointment today!

Full Property Details for 1040 NE 16th Ave

General

  • Sold For: $930,000
  • Taxes: $16,533 (2024)
  • Status: Closed
  • Type: Triplex
  • Source: Greater_Miami
  • MLS ID: A11768220
  • Added to Site: 302 day(s) ago

Rental Information

  • Rent Includes: Gardener, Pool Maintenance

Interior

  • Flooring: Ceramic Floor

Additional Information

  • Pool: Yes
  • Pool Description: In Ground

Parking

  • Total Spaces: 6

Location

  • Area: Lake Ridge
  • County: Broward County
  • Subdivision: LAKE RIDGE
  • Building Name: LAKE RIDGE

Community

  • Community Name: Lake Ridge
  • Units Assoc/Comm: 3

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Other

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water

Structural Information

  • Architectural Style: Attached
  • Structure Type: Triplex
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction
  • Roof: Composition Roll, Shingle
  • Stories/Levels: 2
  • Building Size: 6509
  • Square Feet: 5,097
  • Living Area: 5,097 Sq. Ft.
  • Year Built: 1978
  • Other Struct. Feat.: Laundry Facility

Unit Information

  • Units in Complex: 3

Lot Features

  • Lot Features: Less Than 1/4 Acre Lot
  • Potential Use: Primary
  • Zoning: RMM-25
  • Fencing (Description): Fenced

Financial Considerations

  • Price Per Sq. Ft.: $182.46
  • Tax Amount: $16,533
  • Tax Year: 2024
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Copy Of Lease(S)
  • Legal Description: PROGRESSO 2-18 D LOT 23 BLK 170
  • Property ID: 494234045790

Listed by LPT Realty, LLC
Sold by Miami New Realty

Listing agent

— 1040 NE 16th Ave —

  • LPT Realty, LLC

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1040 NE 16th Ave

School District:Broward County School District
NameGradesDistance
Bennett Elementary School
1755 Northeast 14th Street, Fort Lauderdale, FL 33304
K-50.5 mi
Sunrise Middle School
1750 Northeast 14th Street, Fort Lauderdale, FL 33304
6-80.4 mi
Fort Lauderdale High School
1600 Northeast 4th Avenue, Fort Lauderdale, FL 33305
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1040 NE 16th Ave

Date
Details
Price
Change
Source
11/10/2025
Sold
$930,000
-4.62%
MLS
9/10/2025
Price Reduced
$975,000
-18.61%
MLS
7/16/2025
Price Reduced
$1,198,000
-0.17%
MLS
3/22/2025
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by LPT Realty, LLC
Sold by Miami New Realty

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1040 NE 16th Ave, Fort Lauderdale, FL 33304 (MLS# A11768220) is a Triplex property that was sold at $930,000 on November 10, 2025. Want to learn more about 1040 NE 16th Ave? Do you have questions about finding other Triplex real estate for sale in Fort Lauderdale? You can browse all Fort Lauderdale real estate or contact a Coldwell Banker agent to request more information.