$560,000
$600,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
1116 NE 17th Ter Fort Lauderdale, FL 33304
6,746 Sqft Lot
Key Details
Sold Price $560,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Progresso 2-18 D
MLS Listing ID F10506940
Sold Date 07/30/25
Total Fin. Sqft 6746
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
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with Compass Florida, LLC