LAKE RIDGE
1040 NE 16th Ave, Fort Lauderdale FL 33304
5,097 ft²
5,097
Sq. Ft.
1978
Year Built
2
Stories
186
Days on Market
Description
PRICE IMPROVEMENT on This fabulous triplex, located in beautiful Lake Ridge is super clean and well maintained. The owner’s unit is one level. The living space is open, with plenty of room for dining and entertainment areas. The third bedroom has potential to be the primary bedroom suite or an in-law suite. The two attached townhouses, each have two bedrooms, 1.5 baths, and separate utilities. Shared private pool/ patio oasis is tucked away in the back of the house. Laundry is coin op, and is is in an enclosed area. The owners unit is currently vacant, and could rent for $3000/month. The townhouses have long term tenants, month to month occupancy. Ideal for investment or owner operator. Conveniently located to shopping, dining, 2.5 miles to beach, call and make an appointment today!
Facts
- MLS#
- A11768220
- Subdivision
- LAKE RIDGE
- Property Type
- Residential Income
- Property Sub Type
- Triplex
- Year Built
- 1978
- Lot Size
- 0 sqft
- Sq. Ft.
- 5,097 ft²
- Sq. Mt.
- 474 m²
- Price per sq. ft.
- $191/ft²
- Price per sq. mt.
- $2,057/m²
- Stories
- 2
- Garage
- —
- Pool
- —
- Days on Market
- 186 days
- Listed
- Mar 22, 2025
- Last Updated
- Nov 11, 2025
- Price/Lot Sq.Ft.
- —
Comparable homes
Same ZIP, similar price + bedrooms.
SOLD$1,030,000
— bd · 0 ba · 2,079 sqft
1413 NE 15th Ave, Fort Lauderdale FL 33304

$1,050,000
— bd · 0 ba · 1,785 sqft
1324 NE 14th Ave, Fort Lauderdale FL 33304

$890,000
— bd · 0 ba · —
650 NE 15TH ST, Fort Lauderdale FL 33304

$1,125,000
— bd · 0 ba · 2,317 sqft
1432 NE 5th ave, Fort Lauderdale FL 33304
SOLD$799,000
— bd · 0 ba · 2,210 sqft
1215-1217 NE 16th Ave, Fort Lauderdale FL 33304

$1,150,000
1 bd · 2 ba · 832 sqft
1 N Fort Lauderdale Beach Blvd # 1605, Fort Lauderdale FL 33304

$1,150,000
1 bd · 2 ba · 995 sqft
1 N Fort Lauderdale Beach Blvd # 1606, Fort Lauderdale FL 33304
Market insights for Fort Lauderdale
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
36
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 11/11/2025 | Sold | $975,000 |
| 9/10/2025 | Price change | $975,000-18.7% |
| 3/22/2025 | Listed for sale | $1,200,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
West Broward High SchoolPK,9,10,11,12 · public · 0.4 mi
Somerset Academy Middle School6,7,8 · charter · 0.7 mi
Somerset Arts Conservatory9,10,11,12 · charter · 0.7 mi
Somerset AcademyKG,1,2,3,4,5 · charter · 0.7 mi
Somerset Academy Charter High9,10,11,12 · charter · 0.8 mi
American Master AcademyPK,TK,KG,1,2,3,4,5,6 · private · 1.6 mi
Pal AcademyKG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.9 mi
Chapel Trail Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.9 mi
Montessori AcademyPK,KG,1,2,3,4,5,6,7,8 · private · 1.9 mi
Montessori AcademyPK,KG,1,2,3,4,5,7,8 · private · 1.9 mi
Estimated Monthly Payment
$6,152/mo
Principal & Interest
$5,189
Property Tax
$813
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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