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Paragon Real Estate Solutions, LLC
1025-1027 Ne 16 Terrace, Fort Lauderdale, FL 33304
- $585,000
- 4
- BA
- 4,223
- SqFt
- Sold Price
- $585,000
- List Price
- $750,000
- Closing Date
- Apr 14, 2026
- MLS
- R11132122
- Status
- CLOSED
- Type
- Multifamily
- Living Area
- 4,223
Property Description
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.
Additional Information
- Days on Market
- 105
- Style
- Fourplex
- Lot Size
- 6,753
- Year Built
- 1960
- Development Name
- Progresso
- #Stories
- 2
- Construction Type
- Frame, Frame With Stucco
Mortgage Calculator
Listing Courtesy of CENTURY 21 Tenace Realty, Contact:
Selling Office: MLS Brokers LLC.