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MLS ID: A11809897
List Price: $ 799 000
Sold Price: $ 770 000 (-4%)
Status: Closed
List date: 05/28/2025
Closing Dt: 11/14/2025
Days on Market: 170
Sell $ 352 per SqFt
1215-1217 NE 16th Ave, Fort Lauderdale
#MLS: A11809897
$ 799 000
Listing date05/28/2025
CityFort Lauderdale, FL 33304
Address1215-1217 NE 16th Ave
Area2188 sqft
Tax/year$ 12 158
Built year1958

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 Lauderdales 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 Lauderdales most desirable locationsjust minutes from Las Olas, the beach, and downtown.

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