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Lake Ridge, FL Homes for Sale

Lake Ridge, Fort Lauderdale, FL Homes for Sale

Discover the charm and elegance of Lake Ridge, Fort Lauderdale, a highly sought-after neighborhood offering a diverse selection of stunning homes for sale. From beautifully renovated mid-century modern residences to luxurious waterfront estates, Lake Ridge real estate caters to a variety of tastes and lifestyles. Enjoy picturesque tree-lined streets, meticulously manicured lawns, and a sense of community that truly sets this neighborhood apart. Find your dream home in Lake Ridge and experience the best of Fort Lauderdale living.

Beyond its exquisite homes, Lake Ridge boasts an enviable location close to everything Fort Lauderdale has to offer. Residents enjoy easy access to world-class beaches, vibrant nightlife, and upscale shopping and dining destinations. Embrace an active lifestyle with nearby parks, marinas, and golf courses, or explore the numerous cultural attractions that make Fort Lauderdale so dynamic. Lake Ridge offers a perfect balance of peaceful residential living and convenient access to urban amenities.

Investing in a Lake Ridge home means more than just acquiring property; it's investing in a lifestyle. Imagine evenings spent strolling along the Intracoastal Waterway, weekends exploring nearby Las Olas Boulevard, or enjoying the tranquility of your own private oasis. With its prime location, beautiful homes, and strong sense of community, Lake Ridge presents an exceptional opportunity for homebuyers seeking the ultimate Fort Lauderdale experience. Explore the available Lake Ridge homes for sale and discover your own piece of paradise.

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Lake Ridge, Fort Lauderdale, FL Homes for Sale

$1,550,000
A12081704 MLS
EXCEPTIONAL TURNKEY MULTIFAMILY INVESTMENT OPPORTUNITY IN THE HEART OF FORT LAUDERDALE! This fully renovated and fully furnished 5-unit property offers immediate income from day one and is currently generating an approximate 7% annual return based on current operations. The unit mix includes three 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and one studio. Four units are currently operated as short-term rentals, while one 1-bedroom unit is leased long-term at $1,800/month, providing a diversified rental strategy. All five units were renovated within the past three years and are offered fully furnished and equipped, making this a true turnkey investment. The property also features 5 parking spaces, a common laundry area, outdoor patio and BBQ area, tropical landscaping, smart locks, and CCTV surveillance.Ideally located approximately 3.5 miles from Fort Lauderdale Beach and just 2.3 miles from I-95, with convenient access to Downtown Fort Lauderdale, Las Olas, shopping, dining, entertainment, and major transportation routes. Additional upside potential exists through optimized short-term rental management and further enhancement of the outdoor amenities, including the potential addition of a swimming pool.A rare opportunity to acquire a renovated, furnished, income-producing multifamily property in one of South Florida's most desirable and active rental markets. Please contact the listing agent to schedule a private showing. Minimum 24-hour advance notice required.

1017 NE 14th Avenue, Fort Lauderdale

$649,900
B26068708 MLS
This triplex in Fort Lauderdale's Progresso subdivision offers a compelling investment opportunity. Excellent income-producing property legally configured as a duplex with massive value-add potential. The property features stable cash flow across three currently occupied spaces, with the immediate ability to capitalize on a pre-configured 4th unit. The property comprises 1,413 square feet of finished living space across a single-story layout, providing straightforward ownership and management. As a residential income property, it delivers multiple revenue streams from one strategically positioned asset. Located in the established Progresso community, this triplex presents a tangible path to building equity while generating consistent returns. Unit 1 (Efficiency): Generates $1,200/month in rental income. Unit 2 (1BR / 1BA): Generates $1,500/month in rental income. Unit 3 (2BR / 2BA): Generates $1,950/month in rental income.Value-Add Potential: The 2BR/2BA space is already physically split and closed off into two distinct sections, each featuring its own private exterior entry. It is currently being leased to a single family as a whole 2/2. However, a future investor can effortlessly lease them out separately to maximize yield:Side A: A complete 1BR/1BA setup with a full kitchen.Side B: A standalone 1BR/1BA efficiency setup. Electric: The 2BR/2BA unit has its own separate electric meter and those tenants pay their own electric bill directly. The other units share a combined electric meter paid for by the owner. Water: Master metered for the entire building and paid for by the owner. Water Bill approximately $165.00 a month for the building FPL for the efficiency and 1/1 are approximately $150 a month garbage included in the water bill

1044 NE 10th Avenue, Fort Lauderdale

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