Don't miss this great investment opportunity in Lake Ridge!

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Townhome/Townhouse For Sale

1025-1027 NE 16 Terrace

Fort Lauderdale, Florida 33304

Broward County

Community: Progresso

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$750,000 5 br, 4.0 bath 4223 sq. ft. 0.000 acres

Don't miss this great investment opportunity in Lake Ridge! This Quadplex needs work to become an updated property. It is currently rented & offers strong income potential. Or, if preferred, it can be quickly readied for tear down. It's in a prime walkable location near downtown, beaches, shopping, and dining. The lot includes two buildings: a one-story with two 1/1s, and a two-story with two 2/1s, one of which has 25 feet ceilings. Each unit features a private yard or patio. Each building has separate water meters, and each unit has its own electric meter. Please do not disturb tenants or walk the property without an appointment.

Interior:
  • Bedrooms: 5
  • Baths: 4.0
  • Sq Ft: 4223
  • Year Built: 1960
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: Other (Heating)
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Frame
  • Roof: Other
  • Property Taxes: $15,157
  • MLS #: RX-11132122
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Contact Information:
Beach Townhome/Townhouse For Sale in Fort Lauderdale, Florida
Listing Agent: Debra J Temkin, CENTURY 21 Tenace Realty, 954-801-4114, 561-740-2100 Listing Site, Listing Status: Active
Copyright © 2025 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6722486
Viewed 43 times.
Updated: Dec 08, 2025

This property is a Townhome/Townhouse located at 1025-1027 NE 16 Terrace, Fort Lauderdale, Florida 33304, and is currently For Sale at $750,000. This Townhome/Townhouse has 5 bedrooms, 4.0 baths, 4223 sq ft.