Basic Information
- MLS # F10506940
- Type Residential
- Status Active
- Subdivision/Complex Progresso 2-18 D
- Total Sqft 6,746
- Date Listed 06/02/2025
- Days on Market 18
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.
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description
- Style Residential
Interior Features
- Adjusted Sqft 6,746Sq.Ft
- Sqft 6,746 Sq.Ft
Property Features
- Address 1116 NE 17th Ter
- Aprox. Lot Size 6,746
- City Fort Lauderdale
- County Broward
- Direction Faces West
- Furnished Info no
- Listing Terms Cash
- Possession Close Of Escrow
- Postal City Fort Lauderdale
- Public Survey Township 4942
- HOA Fees $0
- Subdivision Complex
- Subdivision Info Progresso 2-18 D
- Tax Amount $11,482
- Tax Legal desc P R O G R E S S O2-18 D L O T17 B L K160
- Tax Year 2024
- Terms Considered Cash
- Type of Property Residential
1116 NE 17th Ter
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC. tel: (954) 477-7332
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