Florida
Fort Lauderdale
1116 NE 17th Ter

$600,000

1116 NE 17th Ter, Fort Lauderdale, FL 33304

1,553 sqft

Triplex
Built in 1953
—— sqft lot
—— car garage
$386/sqft
Listed 17 days ago

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.

Listing Status:: Active
Date Added:: June 2, 2025 at 05:00AM
Listing Office:: Compass Florida, LLC : (954) 477-7332
Listing Agent:: Vito Labalestra : (954) 401-9450
MLS ID:: F10506298

Flooring: Tile
A/C: Central Air
Heating: Central

This listing courtesy of Vito Labalestra, Compass Florida, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Bennett Elementary School

1755 NE 14th St, Fort Lauderdale, FL, 33304

Grades KG-5

0.37 miles away

Sunrise Middle School

1750 NE 14th St, Fort Lauderdale, FL, 33304

Grades 6-8

0.29 miles away

Fort Lauderdale High School

1600 NE 4th Ave, Fort Lauderdale, FL, 33305

Grades 9-12

1.09 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.