$429,900New
4 bd · 2 ba · 1,592 sqft
1101 NW 23RD Terrace, Fort Lauderdale, FL 33311
1 / 10
1107 NE 16th Ct, Fort Lauderdale, FL 33305
$625,0003 Beds2 Baths1,175 Sq. Ft.$532 / sq. ft.
Fort Lauderdale, FL 33305 · LAUDERDALE PARK 6-33 1/2
Status
Active
Type
Single Family Residence
Year Built
1960
Days on Market
11
Lot Size
9,350 sqft
MLS #
A12085957
About This Home
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.
Property Details
- Bathrooms Full
- 2
- Interior Features
- Second Floor Entry, Other
- Appliances
- Dryer, Electric Range, Electric Water Heater, Microwave, Washer
- Flooring
- Terrazzo, Vinyl
- Heating
- Central
- Cooling
- Ceiling Fan(s), Central Air
- Architectural Style
- Detached, One Story
- Garage Spaces
- 0
- Parking Features
- Detached Carport, Additional Spaces Available
Building & Association
- Building Name
- LAUDERDALE PARK 6-33 1/2
- Association
- No
Lot & Construction
- Lot Features
- Less Than 1/4 Acre Lot
- Lot Size Square Feet
- 9,350
- Waterfront
- No
- View
- None
- Construction Materials
- Brick
- Roof
- Shingle
- Exterior Features
- Fruit Trees
- New Construction
- No
Public Records
- Parcel Number
- 494235041650
- Tax Annual Amount
- $9,596
- Tax Year
- 2,026
- Zoning
- RM-15
- County Or Parish
- Broward County
Location
Courtesy of Tribeca Development LLC
