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MLS ID: R11132122
List price: $ 750 000
Sold price: $ 585 000 (-22%)
Status: Closed
Listing date: 10/14/2025
Closing date: 04/14/2026
Days on market: 182
Sold price per unit of area: $ 139 /sqft

1025-1027 NE 16, Fort Lauderdale

#MLS: R11132122
$ 750 000
1025-1027 NE 16, Fort Lauderdale — R11132122

Property details and amenities

Listing date10/14/2025
CityFort Lauderdale, FL 33304
Address1025-1027 NE 16
Area4223 sqft
Tax/year$ 15 157
Built year1960

Property description

Dont miss this great investment opportunity in Lake Ridge! This Quadplex needs work to become an updated property. It is currently rented & offers strong income potential. Or, if preferred, it can be quickly readied for tear down. Its in a prime walkable location near downtown, beaches, shopping, and dining. The lot includes two buildings: a one-story with two 1/1s, and a two-story with two 2/1s, one of which has 25 feet ceilings. Each unit features a private yard or patio. Each building has separate water meters, and each unit has its own electric meter. Please do not disturb tenants or walk the property without an appointment.

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1025-1027 NE 16, Fort Lauderdale, FL 33304 · MLS# R11132122

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Mariusz MajchrzakLondon Foster RealtyEnglish & Polish

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