1116 NE 17th Terrace
Fort Lauderdale, FL 33304
1218 sqft | #FX-10506298
Description
Prime development opportunity in Lake Ridge! This 135' x 50' lot is perfect for building two luxury townhomes, each with 25' of frontage. New construction townhomes in the area are selling for upwards of $1.3M, making this an excellent investment for developers. Existing multifamily structure has month-to-month tenants who have been notified of the sale. Property is being sold at land value. Zoned for multifamily use and located just minutes from downtown Fort Lauderdale, beaches, and shopping. Don't miss this chance to build in one of Fort Lauderdale's fastest-growing neighborhoods.
Property Details
- Utility FeaturesCable Connected, Public Sewer
- RoofTile, Tar/Gravel
- SubdivisionProgresso 2-18 D
- Property TypeMulti-Family
- MLS #FX-10506298
- MLS #FX-10506298
- Lot Features< 1/4 Acre
- Lot Description< 1/4 Acre
- Original List Price$600,000
- CoolingCentral
- CountyBroward
- Taxes Annual$11,482
- Property SubtypeTriplex
- Cost600000
- ZoningRC-15
- Square Feet1218
- Year Built1953
- Stories1
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Vito Anthony Labalestra (#3310670)
Listing Office: Compass Florida, LLC (#279622832)
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