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1107 NE 16th, Fort Lauderdale, FL 33305

$625,000
3
BD
2
BA
1,175
SqFt

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List Price
$625,000
MLS#
A12085957
Status
ACTIVE
Bedrooms
3
Bathrooms
2
Sq. Ft
1,175
Lot Size
9,350
Subtype
Detached
County
Broward
Subdivision
Lauderdale Park 6-33 1/2
Region
3380
Year Built
1960

Property Description

Rare income + redevelopment opportunity in Middle River Terrace! Situated on an oversized 9,350 SF lot with approx. 88' frontage and RM-15 zoning, this property features two legal living units: a 2BR/1BA main residence with full kitchen plus a separate legal 1BR/1BA ADU with its own full kitchen. Ideal for rental income, multigenerational living, guests, or an owner-occupant looking to offset expenses. Spacious interiors, updated kitchen, stainless appliances, mature tropical landscaping and an exceptionally large private backyard. RM-15 zoning offers compelling future development potential, including the possibility of 2–3 townhomes or other multifamily redevelopment, subject to City approval and buyer due diligence. Newer townhouse development directly across the street further highlights the property's long-term potential. Live, rent, hold or redevelop—an increasingly rare combination of income, land and development upside minutes from Wilton Manors, Downtown Fort Lauderdale, Las Ol

Additional Information

Heating
Central
Cooling
Central Air, Ceiling Fan(s)
Roof
Composition, Shingle
Sewer
Public Sewer
Water
Public
Exterior Features
Fence, Fruit Trees
Parking Spaces
1
Flooring
Terrazzo, Vinyl
Construction
Brick
Living Area
1,175
Elementary School
Bennett
High School
Fort Lauderdale

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Calculator source: Real Geeks

Listing courtesy of Tribeca Development LLC. Contact: