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1109 NE 16th Ter, Fort Lauderdale, FL 33304
$1,150,000
1109 NE 16th Ter, Fort Lauderdale, FL 33304View this property at 1109 NE 16th Ter, Fort Lauderdale, FL 33304
1109 NE 16th TerFort LauderdaleFL33304
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Property Description
This beautifully Fort Lauderdale fourplex is a turnkey sale, offering an unbeatable location just moments away from the beach. Situated on a prime road with new construction in progress and excellent access to both the downtown area and the sandy shores, this property is a real gem for investors. This income property comes complete with all the furnishings, making it a hassle-free option for potential buyers. With a sparkling swimming pool and ample parking space, your tenants will bask in the Florida sunshine while enjoying convenient on-site amenities. Located in the highly desirable Lake Ridge area, residents will have everything at their fingertips, including shopping, bars, entertainment, Galleria Mall, Publix, and so much more! FHA VA ok
Full Property Details
Full Property Details for 1109 NE 16th Terrace
General
- Sold For: $1,150,000
- Taxes: $12,392 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: A11427163
- Added to Site: 322 day(s) ago
Rental Information
- Rent Includes: Trash Collection
Interior
- Flooring: Vinyl
Additional Information
- Pool: Yes
- Pool Description: In Ground
Parking
- Total Spaces: 5
Location
- Area: Progresso
- County: Broward County
- Subdivision: PROGRESSO
- Building Name: PROGRESSO
- Driving Directions: GPS
Community
- Community Name: Progresso
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Window/Wall
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Detached
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 2276
- Square Feet: 2,276
- Living Area: 2,276 Sq. Ft.
- Year Built: 1951
Unit Information
- Units in Complex: 4
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Potential Use: Investment
- Zoning: RC-15
Financial Considerations
- Price Per Sq. Ft.: $505.27
- Tax Amount: $12,392
- Tax Year: 2022
- Terms: Cash, Conventional, FHA, FHA-Va Approved, VA Loan
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Documents Avail.: Inventory
- Legal Description: PROGRESSO 2-18 D LOT 10 BLK 157
- Property ID: 494234043630
Listed by Eagle Realty of South Florida
Sold by LoKation
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Schools
Schools serving 1109 NE 16th Terrace
School District:Broward County School District
Rating | Name | Grades | Distance |
---|---|---|---|
1755 Ne 14th St, Ft Lauderdale, FL 33304 | PK-5 | 0.4 mi | |
1750 Ne 14th St, Ft Lauderdale, FL 33304 | 6-8 | 0.3 mi | |
1600 Ne 4th Ave, Ft Lauderdale, FL 33305 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1109 NE 16th Terrace
Date
Details
Price
Change
Source
9/13/2023
Sold
$1,150,000
—
MLS
7/29/2023
Listed
$1,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1109 NE 16th Ter, Fort Lauderdale, FL 33304 (MLS# A11427163) is a Multi-Family property that was sold at $1,150,000 on September 13, 2023. Want to learn more about 1109 NE 16th Ter? Do you have questions about finding other Multi-Family real estate for sale in Lake Ridge? You can browse all Lake Ridge real estate or contact a Coldwell Banker agent to request more information.