1025-1027 NE 16 Terrace Fort Lauderdale, FL 33304

Multi-Family (2-4 Units) MLS #: RX-11062860 Courtesy Of CENTURY 21 Tenace Realty

$899,000

6 beds | 4 baths | 3,026 sq ft
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Est. Property Tax: $15,157
Estimated monthly payments: $5,193/mo.* (recalculate)

Property InformationDescription

Don't miss this great investment opportunity in HOT Lake Ridge! This Quadplex needs work but offers strong income potential, or builders can develop up to 3 units on the lot, setbacks depend on building height. 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, all featuring private yards or patios. 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. Call the listing agent for details!
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Features

  • Age: Over 50 Years Old
  • Amenities: Porch, Patio, Ceiling Fan
  • Architecture Style: Other
  • Cooling System: Ceiling Fan(s)
  • Floor Covering: Tile

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MAP & DIRECTIONS

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1025-1027 NE 16 Terrace, Fort Lauderdale, FL 33304
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School Information

1025-1027 NE 16 Terrace, Fort Lauderdale, FL 33304

Elementary School
Grades KG-5 | Public School
BENNETT ELEMENTARY SCHOOL
Fort Lauderdale, FL 33304
1755 NE 14th St
754.­322.5450
Distance: 0.5 mi
School Rating
C
Student:Teacher Ratio
13:1
Total Students
308
Middle School
Grades 6-8 | Public School
SUNRISE MIDDLE SCHOOL
Fort Lauderdale, FL 33304
1750 NE 14th St
754.­322.4700
Distance: 0.4 mi
School Rating
C+
Student:Teacher Ratio
20:1
Total Students
1248
High School
Grades 9-12 | Public School
FORT LAUDERDALE HIGH SCHOOL
Fort Lauderdale, FL 33305
1600 NE 4th Ave
754.­322.1100
Distance: 1.0 mi
School Rating
A
Student:Teacher Ratio
23:1
Total Students
2309
Other Nearby Schools Distance Type Grades School Rating
Bayview Elementary School 0.7 mi Public KG-5 A+
Delmar Arts Academy 0.7 mi Private PK-3
North Side Elementary School 1.0 mi Public PK-5 C+
St Anthony Catholic School 1.1 mi Private PK-8
Virginia Shuman Young Elementary School 1.1 mi Public PK-5 A-
Sunrise High School 1.4 mi Public 9-12 D
Happyland Day School 1.4 mi Private PK-KG
Thurgood Marshall Elementary School 1.6 mi Public PK-5 C+
Little Flower Montessori School 1.6 mi Private PK-6
Wilton Manors Elementary School 1.7 mi Public PK-5 C+
Pace Center For Girls Inc. 1.8 mi Public 6-12 D
Mount Bethel Christian Academy 1.9 mi Private PK-8
Holy Temple Christian Academy 1.9 mi Private KG-12
St Mark's Episcopal School 1.9 mi Private PK-8
Walker Elementary School 2.0 mi Public PK-5 C-
Bethany Christian School 2.0 mi Private PK-8
Jack And Jill Children's Center 2.0 mi Private KG-5
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Fort Lauderdale, FL 33304

Median Age: 47.3
Married: 30%
Number of Households: 11,142
Households with Children: 12.5%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.