1215-1217 Ne 16th Ave, Fort Lauderdale, FL 33304

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Sold Price
$770,000
List Price
$799,000
Closing Date
Nov 14, 2025
MLS
A11809897
Complex Name
Progresso
Status
CLOSED
Type
Multifamily
Living Area
2,210

Property Description

Exceptional Investment Opportunity – Zoned RM-15 in Lake Ridge/ Progresso Not your average duplex! This income-producing property is located in the heart of Fort Lauderdale’s Lake Ridge/ Progresso neighborhood and offers significant future development potential. Zoned RM-15, it allows for up to 8 units. Each unit includes its own oversized, fenced backyard, providing rare privacy and outdoor space in a multifamily setting. Split and private main entry for Tenants or Owner/ Tenant Property is tenant-occupied and generating income. Ideal for investors looking to hold or redevelop in one of Fort Lauderdale’s most desirable locations—just minutes from Las Olas, the beach, and downtown.

Additional Information

Days on Market
145
Style
Duplex
Exterior Features
Fruit Trees, Room For Pool
#Parking Spaces
4
Year Built
1958
Development Name
Progresso
#Stories
1
Construction Type
Concrete Block Construction
Section
34

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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy of Relux Realty Group - FTL, Contact:

Selling Office: Bella Costa Properties.