1020 16th Ter ,Other, Duplex, Progresso for Sale

1020 16th Ter for Sale

Price $799,999.00

• Lot size 1104
• Year Build 1952
• Waterfront
• Zip 33304
• Style Other
• Parking Description
• Pool Yes
• Status Active

Description

Excellent opportunity for builders or investors looking to undertake a development in a sought-after urban development. Property is zooned for duplex, or multi family structure (3 units) up to 5 story high (55 feet high) Lot is 6,762sf (0.16 AC) Prime location with excellent visibility and accessibility, Strong demand for housing space in the area. Note: some of the photos depict renderings. Multifamily Req's: Lot Size Min: 5,000sf Height Max: 55ft Lot Width Min: 50ft Front set Back: 25ft Side Set-back: 10ft Rear Set-back 20ft Land Density: 3.8 units rounded down - 3 units max

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PROGRESSO 2-18 D LOT 18 BLK 169

1/2 To Less Than 3/4 Acre Lot

Excellent opportunity for builders or investors looking to undertake a development in a sought-after urban development. Property is zooned for duplex, or multi family structure (3 units) up to 5 story high (55 feet high) Lot is 6,762sf (0.16 AC) Prime location with excellent visibility and accessibility, Strong demand for housing space in the area. Note: some of the photos depict renderings. Multifamily Req's: Lot Size Min: 5,000sf Height Max: 55ft Lot Width Min: 50ft Front set Back: 25ft Side Set-back: 10ft Rear Set-back 20ft Land Density: 3.8 units rounded down - 3 units max

City:Fort Lauderdale,Zoning:RMM-25,List A O R:A-Miami Association of REALTORS,Stories:5,Tax Year:2024,Latitude:26.1381784,Cooling Y N:1,Heating Y N:1,List Price:799999,Listing Id:A11733031,Longitude:-80.1265991,Mls Status:Active,Year Built:1952,Directions:Sheridan to the East until 15th Ave, turn to the North. One block North of Sunrise Blvd and 2 blocks NE from 15th Ave.,Living Area:1104,Postal Code:33304,Street Name:16th Ter,Coordinates:1:26.1381784,Photos Count:21,Building Name:PROGRESSO,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:3240,M L S Area Major:Progresso,On Market Date:2025-01-28,Parcel Number:494234045530,Parking Total:8,Property Type:Residential Income,Stories Total:5,Street Number:1020,M I A M I R E_ Style:Duplex,Public Remarks:Excellent opportunity for builders or investors looking to undertake a development in a sought-after urban development. Property is zooned for duplex, or multi family structure (3 units) up to 5 story high (55 feet high) Lot is 6,762sf (0.16 AC) Prime location with excellent visibility and accessibility, Strong demand for housing space in the area. Note: some of the photos depict renderings. Multifamily Req's: Lot Size Min: 5,000sf Height Max: 55ft Lot Width Min: 50ft Front set Back: 25ft Side Set-back: 10ft Rear Set-back 20ft Land Density: 3.8 units rounded down - 3 units max,County Or Parish:Broward County,List Office Name:Douglas Elliman,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2331,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:PROGRESSO,Tax Annual Amount:7278,Unparsed Address:1020 NE 16th Ter, Fort Lauderdale FL 33304,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:1104,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:724.6368,Original List Price:799999,Public Survey Range:49,I D X Participation Y N:1,Number Of Units Total:3,Syndication Remarks:Excellent opportunity for builders or investors looking to undertake a development in a sought-after urban development. Property is zooned for duplex, or multi family structure (3 units) up to 5 story high (55 feet high) Lot is 6,762sf (0.16 AC) Prime location with excellent visibility and accessibility, Strong demand for housing space in the area. Note: some of the photos depict renderings. Multifamily Req's: Lot Size Min: 5,000sf Height Max: 55ft Lot Width Min: 50ft Front set Back: 25ft Side Set-back: 10ft Rear Set-back 20ft Land Density: 3.8 units rounded down - 3 units max,Listing Contract Date:2025-01-28,Originating System I D:miamire,Public Survey Section:34,Showing Instructions:Call Listing Agent,Street Number Numeric:1020,Tax Legal Description:PROGRESSO 2-18 D LOT 18 BLK 169,Public Survey Township:49,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:1104,M I A M I R E_ Internet Remarks:Zoned for RMM-25 mid rise multifamily development,Contract Status Change Date:2025-01-28,Internet Address Display Y N:1,Number Of Units In Community:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:724.64,Internet Automated Valuation Display Y N:1,