Commercial property in Fort Lauderdale, Florida 102.56 sq.m. № 1925693

Commercial property in Fort Lauderdale, Florida 102.56 sq.m. № 1925693
ID1925693 $ 699 999
  • EUR €
  • USD $
  • RUB ₽
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1925693

Property description

Redevelopment opportunity in the heart of Fort Lauderdale’s Lake Ridge neighborhood. This duplex sits on a 6,750 sq ft lot and is zoned RMM-25, allowing up to 25 units per acre with a maximum building height of 55 feet. Current use is a 2-unit duplex (2/1 + 1/1), providing immediate rental income while planning future development. Ideal for developers and investors, this site can support three townhomes or explore potential density bonuses with affordable/workforce housing programs. Located just minutes from Las Olas, Downtown, and the beach, Lake Ridge continues to attract new construction townhomes and multifamily projects. *Buyer to verify all zoning and density requirements with the municipality
MLS #: A11874270
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CityFort Lauderdale
Address1020 NE 16th Ter, Fort Lauderdale FL 33304
TypeCommercial property
Living space102.56 m²
  • sq. ft
Completion dateIV quarter, 1951
Parking places4
Price
  • Price
  • per m²
$ 699 999
  • EUR €
  • USD $
  • RUB ₽
  • GBP £