1116 NE 17th Ter Active

Fort Lauderdale,FL 33304

$ 600000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision Progresso 2-18 D

MLS Listing ID F10506940

Annual Tax Amount $11,482

Tax Year 2024

Lot Size 6,746 Sqft

Property Sub-Type Residential

Property Description

Prime development opportunity in Lake Ridge! This 135' x 50' lot is perfect for building two luxury townhomes, each with 25' of frontage. New construction townhomes in the area are selling for upwards of $1.3M, making this an excellent investment for developers. Existing multifamily structure has month-to-month tenants who have been notified of the sale. Property is being sold at land value. Zoned for multifamily use and located just minutes from downtown Fort Lauderdale, beaches, and shopping. Don't miss this chance to build in one of Fort Lauderdale's fastest-growing neighborhoods.

Location

State FL

County Broward County

Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)

Zoning RC-15

Exterior

Water Access N

Others

Acceptable Financing Cash

Listing Terms Cash

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