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1020 NE 16th Ter, Fort Lauderdale, FL 33304
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$760,000
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Home Details for 1020 NE 16th Ter
Price
$760,000
Type
Multi Family
Year Build
1952
Sq. Ft.
1104
County
Broward
Tax
$7,278
MLS®️ Listing#
A11733031
On exitrealty.com
276 days
Property Description
Excellent opportunity for builders or investors looking to undertake a development in a sought-after urban development. Property is zooned for duplex, or multi family structure (3 units) up to 5 story high (55 feet high)
Lot is 6,762sf (0.16 AC) Prime location with excellent visibility and accessibility, Strong demand for housing space in the area. Note: some of the photos depict renderings.
Multifamily Req's:
Lot Size Min: 5,000sf
Height Max: 55ft
Lot Width Min: 50ft
Front set Back: 25ft
Side Set-back: 10ft
Rear Set-back 20ft
Land Density: 3.8 units rounded down - 3 units max
duplex #1 is 1bdr 1 bath
* similar structure generates $2k a month
duplex#2 is 2br 1 bath
* similar structure generates $2.5K a month
water meter is shared, 2 meters for electricity, roof 2010
- Cooling Information
- Central Air
- Heating Information
- Central
- Utilities
- Cable Not Available
Listing Courtesy: Douglas Elliman - 561-245-2635
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
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Market statistics compiled from data from Realtor Association of Greater Miami and the Beaches.
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$760,000
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EXIT REALTY SYNERGY INTERNATIONAL
6351 NW 99th Avenue, Miami, FL 33178