1116 NE 17th Terrace Fort Lauderdale, FL 33304
Lake Ridge NeighborhoodEstimated payment $4,280/month
Total Views
2,724
--
Bed
--
Bath
1,553
Sq Ft
$386
Price per Sq Ft
Highlights
- Tile Flooring
- Fort Lauderdale High School Rated A
- Central Heating and Cooling System
About This Home
Prime development opportunity in Lake Ridge! This 135' x 50' lot is perfect for building two luxury townhomes, each with 25' of frontage. New construction townhomes in the area are selling for upwards of $1.3M, making this an excellent investment for developers. Existing multifamily structure has month-to-month tenants who have been notified of the sale. Property is being sold at land value. Zoned for multifamily use and located just minutes from downtown Fort Lauderdale, beaches, and shopping. Don’t miss this chance to build in one of Fort Lauderdale’s fastest-growing neighborhoods.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,482
Year Built
- Built in 1953
Parking
- 3 Parking Spaces
Home Design
- Triplex
- Spanish Tile Roof
- Tar and Gravel Roof
Interior Spaces
- 1,553 Sq Ft Home
- 1-Story Property
- Tile Flooring
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- 4 Units
- Progresso 2 18 D Subdivision
Listing and Financial Details
- Assessor Parcel Number 494234044340
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,482 | $546,940 | $37,100 | $509,840 |
| 2024 | $3,365 | $515,100 | $20,240 | $494,860 |
| 2023 | $3,365 | $90,290 | $0 | $0 |
| 2022 | $3,091 | $86,000 | $0 | $0 |
| 2021 | $2,872 | $81,990 | $0 | $0 |
| 2020 | $2,723 | $102,160 | $0 | $0 |
| 2019 | $1,917 | $94,670 | $0 | $0 |
| 2018 | $1,678 | $90,560 | $0 | $0 |
| 2017 | $1,637 | $70,550 | $0 | $0 |
| 2016 | $1,613 | $68,030 | $0 | $0 |
| 2015 | $1,460 | $66,400 | $0 | $0 |
| 2014 | $1,442 | $64,830 | $0 | $0 |
| 2013 | -- | $84,520 | $20,240 | $64,280 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/02/2025 06/02/25 | For Sale | $600,000 | -- | $386 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
About the Listing Agent
Led by Vito Labalestra, the Vito & Ana Team combines over a decade of real estate expertise with established community connections and industry-leading marketing strategies.
At COMPASS, we’re thrilled to offer you the tools, strategies, and marketing expertise that set the standard in real estate. Our mission is simple: to provide THE EXPERIENCE YOU DESERVE—every step of the way.
We understand that real estate transactions can feel overwhelming, but that’s where we come in. From
Vito's Other Listings
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10506298
APN: 49-42-34-04-4340
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All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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