$760,000
16th Ter

1020 NE 16th Ter, Fort Lauderdale FL 33304

Beds

Baths

SQFT 0

Garage

73 Years Built

Home Details

Excellent opportunity for builders or investors looking to undertake a development in a sought-after urban development. Property is zooned for duplex, or multi family structure (3 units) up to 5 story high (55 feet high) Lot is 6,762sf (0.16 AC) Prime location with excellent visibility and accessibility, Strong demand for housing space in the area. Note: some of the photos depict renderings. Multifamily Req's: Lot Size Min: 5,000sf Height Max: 55ft Lot Width Min: 50ft Front set Back: 25ft Side Set-back: 10ft Rear Set-back 20ft Land Density: 3.8 units rounded down - 3 units max duplex #1 is 1bdr 1 bath * similar structure generates $2k a month duplex#2 is 2br 1 bath * similar structure generates $2.5K a month water meter is shared, 2 meters for electricity, roof 2010

Other Interior Features

Heating
Central
Appliances
Living Area - SqFt
1104
Inside
Total - SqFt
0

General

MLS#
A11733031
Architectural Style
Other
Bathroom Features
Living Area - SqFt
1104
Construction Materials
CBS Construction
Window Features
Total - SqFt
0

Neighbourhood

Location

Excellent opportunity for builders or investors looking to undertake a development in a sought-after urban development. Property is zooned for duplex, or multi family structure (3 units) up to 5 story high (55 feet high) Lot is 6,762sf (0.16 AC) Prime location with excellent visibility and accessibility, Strong demand for housing space in the area. Note: some of the photos depict renderings. Multifamily Req's: Lot Size Min: 5,000sf Height Max: 55ft Lot Width Min: 50ft Front set Back: 25ft Side Set-back: 10ft Rear Set-back 20ft Land Density: 3.8 units rounded down - 3 units max duplex #1 is 1bdr 1 bath * similar structure generates $2k a month duplex#2 is 2br 1 bath * similar structure generates $2.5K a month water meter is shared, 2 meters for electricity, roof 2010

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