1215 NORTH EAST 16TH AVE #2, Fort Lauderdale
$849,000 USD
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Address | 1215 NORTH EAST 16TH AVE #2, Fort Lauderdale |
Building Name | PROGRESSO |
Type of Property | Duplex |
Property Style | Duplex |
Price | $849,000 |
Previous Price | $875,000 (13 days ago) |
Property Status | Active |
MLS Number | A11809897 |
Living Area | 2210 |
Year Built | 1958 |
Parking Space Number | 4 |
Folio Number | 494234029200 |
Zoning Information | RC-15 |
Days on Market | 128 |
Detailed 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.
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Address Information
State | Florida |
City | Fort Lauderdale |
County | Broward County |
Zip Code | 33304 |
Address | 1215 NORTH EAST 16TH AVE |
Section | 34 |
Zip Code (4 Digits) | 2318 |
Financial Information
Price | $849,000 |
Price per Foot | $0 |
Previous Price | $875,000 |
Folio Number | 494234029200 |
Tax Amount | $12,158 |
Tax Year | 2024 |
Possession Information | Funding |
Full Descriptions
Detailed 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. |
Roof Description | Shingle |
Floor Description | Ceramic Floor |
Cooling Description | Ceiling Fan (s), Central Air |
Heating Description | Central, Electric |
Sewer Description | Public Sewer |
Property parameters
Living Area | 2210 |
Zoning Information | RC-15 |
Year Built | 1958 |
Type of Property | Duplex |
Style | Duplex |
Building Name | PROGRESSO |
Development Name | PROGRESSO |
Construction Type | Concrete Block Construction |
Stories Number | 1.000 |
Street Direction | North East |
Parking Space Number | 4 |
Listed with | Relux Realty Group – FTL |