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.
Property Details
Price:
$600,000
MLS #:
F10506940
Status:
Active
Baths:
0
Address:
1116 NE 17th Ter
Type:
Land
Subdivision:
Progresso 2-18 D
Neighborhood:
3380
City:
Fort Lauderdale
Listed Date:
Jun 2, 2025
State:
FL
ZIP:
33304
Lot Size:
6,746 sqft / 0.16 acres (approx)
Schools
Interior
Exterior
Front Exposure
West
Financial
Tax Amount
$11,482
Taxes
$11,482
Map
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Listing courtesy of Compass Florida, LLC, (954)–477–7332
© 2025 Information deemed reliable but not guaranteed. Information is provided, in part, by Ft. Lauderdale MLS. This information being provided is for consumers personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2025 Information deemed reliable but not guaranteed. Information is provided, in part, by Ft. Lauderdale MLS. This information being provided is for consumers personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
1116 NE 17th Ter
Fort Lauderdale, FL
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