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$770,000
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Property 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.
Full Property Details
Full Property Details for 1215 NE 16th Ave
General
- Sold For: $770,000
- Taxes: $12,158 (2024)
- Status: Closed
- Type: Duplex
- Source: Greater_Miami
- MLS ID: A11809897
- Added to Site: 235 day(s) ago
Rental Information
- Rent Includes: Gardener
Interior
- Flooring: Ceramic Floor
Exterior
- Exterior Features: Fruit Trees, Room for Pool
- Deck/Patio: Patio
Parking
- Total Spaces: 4
Location
- Area: Progresso
- County: Broward County
- Subdivision: PROGRESSO
- Building Name: PROGRESSO
Community
- Community Name: Progresso
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Detached
- Structure Type: Duplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Shingle
- Doors: High Impact Doors
- Stories/Levels: 1
- Building Size: 2188
- Square Feet: 2,210
- Living Area: 2,210 Sq. Ft.
- Year Built: 1958
Unit Information
- Units in Complex: 2
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Potential Use: Investment
- Zoning: RC-15
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $348.42
- Tax Amount: $12,158
- Tax Year: 2024
- Terms: All Cash, Conventional, FHA
Disclosures and Reports
- Documents Avail.: Financial Statement
- Legal Description: PROGRESSO 2-18 D LOT 8 S 40, 9 N 40 BLK 102
- Property ID: 494234029200
Listed by Relux Realty Group - FTL
Sold by Bella Costa Properties
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Schools
Schools serving 1215 NE 16th Ave
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Bennett Elementary School 1755 Northeast 14th Street, Fort Lauderdale, FL 33304 | K-5 | 0.4 mi |
Sunrise Middle School 1750 Northeast 14th Street, Fort Lauderdale, FL 33304 | 6-8 | 0.4 mi |
Fort Lauderdale High School 1600 Northeast 4th Avenue, Fort Lauderdale, FL 33305 | 9-12 | 1 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 1215 NE 16th Ave
Date
Details
Price
Change
Source
11/14/2025
Sold
$770,000
-3.63%
MLS
10/10/2025
Price Reduced
$799,000
-5.89%
MLS
9/19/2025
Price Reduced
$849,000
-2.97%
MLS
6/16/2025
Price Reduced
$875,000
-5.41%
MLS
5/28/2025
Listed
$925,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1215-1217 NE 16th Ave, Fort Lauderdale, FL 33304 (MLS# A11809897) is a Duplex property that was sold at $770,000 on November 14, 2025. Want to learn more about 1215-1217 NE 16th Ave? Do you have questions about finding other Duplex 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.

