$625,000
1107 NE 16th Ct, Fort Lauderdale FL 33305
52 days on market
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,175 sqft
- Price per sqft
- $532
- Type
- Single Family Residence
- Year built
- 1960
- Taxes
- $9,596/yr
- MLS #
- A12085957
About this home
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 property's 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.
Estimated subtotal
$800/mo
- Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
- Not included
- Property taxMLS 2026 annual tax, shown monthly
- $800
- HOANot in the MLS record
- Not included
The current market rate is not available right now. Enter the rate your lender quoted.
Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.
Is this the right price?
We send written comps, the full cost of owning it and an offer strategy before you tour or offer.
The neighborhood
Fort Lauderdale, 33305
What to check here
Compare coastal condo obligations; for waterfront homes, check seawalls, dockage and bridge clearance.
Listing courtesy of Tribeca Development LLC
Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.