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Listed by Douglas Elliman
$ 799,999
Est. payment /mo
Active
1020 NE 16th TER Fort Lauderdale, FL 33304
6,751 Sqft Lot
UPDATED:
01/29/2025 07:02 AM
Key Details
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
Subdivision Progresso
MLS Listing ID RX-11056770
HOA Y/N No
Annual Tax Amount $7,277
Tax Year 2024
Lot Size 6,751 Sqft
Property Sub-Type Commercial Land
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 a multi-family structure ( 3 units) up to 5 story high ( 55 feet high) Lot is 6,762sf (0.16AC) Prime location with excellent visibility and accessibility. Strong demand for housing space in the area. Note: some of the photos depict renderings. Multifamily Ref's: Lot Size Min 5,000sfHeight Max: 55 ft Lot Width Min: 50ftFront Set Back: 25ftSide set back: 10ftRear Set-back: 20ftLand Density: 3.8 units rounded down 3 units Max
Location
State FL
County Broward
Area 3240
Zoning RMM-25
Exterior
Utilities Available Sewer
View City
Exposure East
Building
Lot Description < 1/4 Acre
Others
Miscellaneous Other
Acceptable Financing Cash, Conventional
Horse Property No
Listing Terms Cash, Conventional
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/1020-NE-16th-Terrace-Fort-Lauderdale-FL-33304/unbranded