1020 NE 16th Terrace Fort Lauderdale, FL 33304
Other
MLS #: RX-11056770
Courtesy Of Douglas Elliman
Property InformationDescription
Excellent opportunity for builders or investors looking to undertake a development in a sought-after urban development. Property is zooned for duplex or a multi-family structure ( 3 units) up to 5 story high ( 55 feet high) Lot is 6,762sf (0.16AC) Prime location with excellent visibility and accessibility. Strong demand for housing space in the area. Note: some of the photos depict renderings. Multifamily Ref's: Lot Size Min 5,000sfHeight Max: 55 ft Lot Width Min: 50ftFront Set Back: 25ftSide set back: 10ftRear Set-back: 20ftLand Density: 3.8 units rounded down 3 units Maxduplex #1 is 1bdr 1 bath* similar structure generates $2k a monthduplex#2 is 2br 1 bath* similar structure generates $2.5K a monthwater meter is shared, 2 meters for electricity, roof 2010
Features
- Architecture Style: Other
- Legal Description: PROGRESSO 2-18 D LOT 18 BLK 169
- MLSID: RX-11056770
- View Type: City
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