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Fort Lauderdale, FL Just Listed Real Estate for Sale

Fort Lauderdale, FL Just Listed Real Estate for Sale

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Fort Lauderdale, FL Just Listed Real Estate for Sale

$625,000
3 Beds 2 Baths A12085957 MLS
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.

1107 NE 16th Court, Fort Lauderdale

$2,600,000
B26074004 MLS 1137 BLDG.
Rare opportunity to acquire a completely renovated 8-unit commercial building in the heart of East Fort Lauderdale, east of US 1. This turnkey property has been taken down to the studs and rebuilt with quality throughout, making it an ideal investment for an owner-user or investor seeking minimal future maintenance. Perfectly situated in the highly desirable Rio Vista area, just minutes from Las Olas Boulevard and the 17th Street Causeway, the property provides convenient access to Whole Foods, Starbucks, restaurants, boutique shopping, nightlife, fitness centers, and many of Fort Lauderdale's most popular destinations. This central East Fort Lauderdale location offers outstanding accessibility, strong demographics, and exceptional long-term investment potential in one of South Florida's most sought-after commercial corridors. The property consists of eight units and has undergone a complete gut renovation with extensive new systems and improvements throughout. Improvements include all-new impact doors and windows, interior gypsum-board walls with soundproofing, mini-split air-conditioning systems with 10-year warranties, a new fire-retardant roof system, and replacement of the cast-iron plumbing with PVC and copper. The property also features new electrical throughout, a contemporary driveway and outdoor patio, and updated systems throughout. Four of the units are configured as studio apartments and four as one-bedroom units. The residential-style improvements include four in-unit washers and dryers and four full ultra-modern kitchens. Overall, the property is presented in exceptional condition with substantial modern, high quality improvements and updated infrastructure.

1137 SE 6TH Terrace Unit 1-8, Fort Lauderdale

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