1215-1217 16th Ave ,Detached, Duplex, Progresso for Sale

1215-1217 16th Ave for Sale

Price $925,000.00

• Lot size 2210
• Year Build 1958
• Waterfront
• Zip 33304
• Style Detached
• Parking Description
• Pool Yes
• Status Active

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.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=

PROGRESSO 2-18 D LOT 8 S 40,9 N 40 BLK 102

Less Than 1/4 Acre Lot

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.

City:Fort Lauderdale,Zoning:RC-15,Cooling:1:Central Air,Heating:1:Electric,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2024,Latitude:26.1412991,Cooling Y N:1,Heating Y N:1,List Price:925000,Listing Id:A11809897,Longitude:-80.1280639,Mls Status:Active,Year Built:1958,Living Area:2210,Postal Code:33304,Street Name:16th Ave,Coordinates:1:26.1412991,Photos Count:65,Building Name:PROGRESSO,Listing Terms:1:Conventional,2:FHA,Lot Size Units:Square Feet,M I A M I R E_ Area:3280,M L S Area Major:Progresso,On Market Date:2025-05-28,Parcel Number:494234029200,Parking Total:4,Property Type:Residential Income,Stories Total:1,Street Number:1215-1217,M I A M I R E_ Style:Duplex,Public Remarks: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.,County Or Parish:Broward County,List Office Name:Relux Realty Group - FTL,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2318,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:PROGRESSO,Tax Annual Amount:12158,Unparsed Address:1215-1217 NE 16th Ave, Fort Lauderdale FL 33304,Exterior Features:1:Room For Pool,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:2188,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:418.552,Original List Price:925000,Public Survey Range:49,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2025-05-28,Originating System I D:miamire,Public Survey Section:34,Showing Instructions:24 Hour Notice,Call Listing Agent,Street Number Numeric:1215,Tax Legal Description:PROGRESSO 2-18 D LOT 8 S 40,9 N 40 BLK 102,Public Survey Township:49,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:2188,M I A M I R E_ Internet Remarks:Investor dream! Zoned RM-15 for up to 8 units. Duplex with oversized private yards in prime Fort Lauderdale location.,Contract Status Change Date:2025-05-28,Internet Address Display Y N:1,Number Of Units In Community:2,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:418.55,