









OFF MARKET
1020 16th Ter
Broward, Lake Ridge Progresso, Fort Lauderdale, FL
OFF MARKET
Asking
$579,000
BTC
6.427
ETH
186.61
Home Size
1,104 sq. ft.
Year Built
1951
Redevelopment opportunity in the heart of Fort Lauderdale’s Lake Ridge neighborhood. This duplex sits on a 6,750 sq ft lot and is zoned RMM-25, allowing up to 25 units per acre with a maximum building height of 55 feet. Current use is a 2-unit duplex (2/1 + 1/1), providing immediate rental income while planning future development.
Ideal for developers and investors, this site can support three townhomes or explore potential density bonuses with affordable/workforce housing programs. Located just minutes from Las Olas, Downtown, and the beach, Lake Ridge continues to attract new construction townhomes and multifamily projects. *Buyer to verify all zoning and density requirements with the municipality
LOADING
Location
Market Area
Broward
Neighborhood
Lake Ridge Progresso
Agent
Caroline Sesi
+1 310 910 1722