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.
- Swimming Pool
- Heating System
- Cooling System
- View
- Appliances
- Architectural Style
- Parking Features
- Roof
- Sewer
- State:
- FL
- County:
- Broward
- City:
- Fort Lauderdale
- Zipcode:
- 33305
- Street:
- 1107 Ne 16th Ct, Fort Lauderdale, Florida 33305
- Longitude:
- W81° 52' 1.6''
- Latitude:
- N26° 8' 53.4''
- Bathrooms Total:
- 2
- Building Area:
- 1,455 Sqft
- Carport Spaces:
- 1
- Construction Materials
- Cumulative DOM:
- 34
- DOM:
- 34
- Direction Faces:
- Southeast
- Directions:
- Use GPS/navigation to 1107 NE 16th Ct, Fort Lauderdale, FL 33305.
- Elementary School:
- Bennett
- Exterior Features
- Flooring
- Interior Features
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Lot Features
- Parcel Number:
- 494235041650
- Subdivision Name:
- LAUDERDALE PARK 6-33 1/2
- Tax Annual Amount:
- $9,596
- Virtual Tour:
- Click Here
Residential For Sale
1107 Ne 16th Ct, Fort Lauderdale, Florida 33305, Fort Lauderdale, Florida 33305
- Property Type :
- Residential
- Listing Type :
- For Sale
- Price :
- $625,000
- Bedrooms :
- 3
- Bathrooms :
- 2
- Square Footage :
- 1,175 Sqft
- Year Built :
- 1960
- Lot Area :
- 9,350 Sqft
- MLS # :
- A12085957
