USAFLFort LauderdaleLauderdale Park 6-33 1/21107 Ne 16Th Ct

1107 Ne 16Th Ct, Fort Lauderdale, FL

House

For Sale

Listed price in listed location currency (USD).

$625,000

320

MLS® A12085957

Overview

Key Facts

Type Single Family Residence

Levels Residential

Size 1175 sqft

Garage

Taxes $9,596

Days Active 0

Lot Size 0.21 Acres

Approx. Age 1960

Avg. Price Per Sqft $531

MLS® Number A12085957

Property Address: 1107 Ne 16th Ct, Fort Lauderdale, FL, 33305-3132

Average square foot calculated using Size range provided by listing agent.

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. 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. Rare income-producing property with redevelopment potential in Middle River Terrace. Situated on an oversized approximately 9, 350 SF lot with approximately 88 feet of frontage and desirable RM-15 multifamily zoning, this property offers a combination of immediate usability, rental-income potential and long-term development upside.The main residence features 2 bedrooms, 1 bathroom, a full kitchen, spacious living area and dining space. The kitchen offers modern cabinetry, generous counter space and stainless-steel appliances. Large windows provide abundant natural light throughout the home.In addition to the main residence, the property includes a separate legal 1-bedroom, 1-bathroom ADU located along the side of the property. The ADU includes its own full kitchen, creating excellent flexibility for rental income, extended family, guests, a home office or an owner-occupant seeking to offset housing expenses.Together, the property provides the functionality of three bedrooms and two bathrooms distributed between two separate living spaces.The oversized lot offers a large private backyard surrounded by mature tropical landscaping, providing substantial outdoor space while preserving valuable future development potential.RM-15 zoning is a significant component of the property's value. Buyers and developers may explore redevelopment possibilities including two townhomes, potentially three townhomes, or another multifamily configuration, subject to density, setbacks, parking, drainage, utilities and all applicable City of Fort Lauderdale approvals.Newer townhouse construction in the immediate surrounding area, including townhouse development directly across the street, further demonstrates the continued evolution of this neighborhood.Whether the buyer chooses to live in the main residence and rent the ADU, operate both spaces as an investment, hold the property for appreciation, or pursue redevelopment, this property offers multiple paths to create value.Conveniently located near Wilton Manors, Downtown Fort Lauderdale, Flagler Village, Las Olas, beaches, restaurants, shopping and major transportation corridors.Offered at $624, 900.Buyer and buyer's agent should independently verify all property information, zoning, ADU documentation, development density and redevelopment potential with the appropriate governmental authorities.

MLS® NumberA12085957

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1960

Basement

DrivewayCarport, Detached Carport

Garage Spaces

HeatCentral

A/CCentral Air, Ceiling Fans

Extras

How Much House Can I Afford?

Home Estimate Zoopraisal®

This property is estimated to sell between: $625,000 and $819,000.

Similar properties in this area sold on average for: $753,996

Expected to sell in 79 days. Similar properties sold in 79 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Map

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