ChristopherStein
BEDS3
BATHS2 full
SQUARE FEET1,175
MLS#A12085957
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONLAUDERDALE PARK 6-33 1-2
Property Description
Rare income + redevelopment opportunity in Middle River Terrace! Situated on an oversized 9,350 SF lot with approx. 88 frontage and RM-15 zoning, this property features two legal living units: a 2BR/1BA main residence with full kitchen plus a separate legal 1BR/1BA ADU with its own full kitchen. Main home is 2BR/1BA with full kitchen plus separate legal 1BR/1BA ADU with full kitchen, currently leased at $2,000/mo with utilities included for 1 year?helping offset carrying costs from day one.Ideal for rental income, multigenerational living, guests, or an owner-occupant looking to offset expenses. Spacious interiors, updated kitchen, stainless appliances, mature tropical landscaping and an exceptionally large private backyard. RM-15 zoning offers compelling future development potential, including the possibility of 2?3 townhomes or other multifamily redevelopment, subject to City approval and buyer due diligence. Newer townhouse development directly across the street further highlights the propertys long-term potential. Live, rent, hold or redevelop?an increasingly rare combination of income, land and development upside minutes from Wilton Manors, Downtown Fort Lauderdale, Las Olas and the beaches.
Property Features
Property Type: Residential - Single Family
Cooling: Ceiling Fan(s), Central Air
Fenced: Yes
Heating: Central
Home Style: Detached, One Story
Lot Size: 0.21 Acres
Roof Type: Shingle
Taxes: $9,596
Year Built: 1960
Amenities
Second Floor Entry
Other
Fruit Trees
Feature Descriptions
Appliances: Dryer, Electric Range, Electric Water Heater, Microwave, Washer
Community Features: None
Crops Included Y/N: No
Days on Site: 25
Directions: Use GPS/navigation to 1107 NE 16th Ct, Fort Lauderdale, FL 33305.
Exterior: Brick
Fencing: Fenced
Flooring: Terrazzo, Vinyl
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional, FHA
Lot: Less Than 1/4 Acre Lot
Parcel#: 494235041650
Parking: Detached Carport, Additional Spaces Available
Parking Notes: Detached Carport, Additional Spaces Available
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Special View Info: None
Water: Municipal Water
Local Schools
High School: Fort Lauderdale
Middle School: Sunrise
Elementary School: Bennett
Listed By / Shown By
Listed By
Agency Name: Tribeca Development LLC
Agency Phone: 646-261-1803
Shown By
Agent Name: Christopher Stein
Agent Phone: Cell: (954) 369-6531
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 2,372.94 per month $1,390.98 Principal & Interest $799.67 Property Tax $182.29 Homeowner's InsuranceChange Payment Information
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1107 NE 16th Ct | MLS# A12085957
This single family home located at 1107 NE 16th Ct, Fort Lauderdale, FL 33305 is currently listed for sale with an asking price of $625,000. This property was built in 1960 and has 3 bedrooms and 2 full baths with 1175 sq. ft. NE 16th Ct is located in the LAUDERDALE PARK 6-33 1-2 subdivision. Search LAUDERDALE PARK 6-33 1-2 real estate on crstein.realty100.com today.