PROGRESSO

1215-1217 NE 16th Ave, Fort Lauderdale FL 33304

2,210 ft²

Closed

$799,000

13.62%

Est. Payment $4,253/mo

MLS Sheet Video

2,210

Sq. Ft.

1958

Year Built

1

Stories

145

Days on Market

Description

Exceptional Investment Opportunity – Zoned RM-15 in Lake Ridge/ Progresso Not your average duplex! This income-producing property is located in the heart of Fort Lauderdale’s Lake Ridge/ Progresso neighborhood and offers significant future development potential. Zoned RM-15, it allows for up to 8 units. Each unit includes its own oversized, fenced backyard, providing rare privacy and outdoor space in a multifamily setting. Split and private main entry for Tenants or Owner/ Tenant Property is tenant-occupied and generating income. Ideal for investors looking to hold or redevelop in one of Fort Lauderdale’s most desirable locations—just minutes from Las Olas, the beach, and downtown.

Facts

MLS#
A11809897
Subdivision
PROGRESSO
Property Type
Residential Income
Property Sub Type
Duplex
Year Built
1958
Lot Size
0 sqft
Sq. Ft.
2,210 ft²
Sq. Mt.
205 m²
Price per sq. ft.
$362/ft²
Price per sq. mt.
$3,898/m²
Stories
1
Garage
Pool
Days on Market
145 days
Listed
May 28, 2025
Last Updated
Nov 14, 2025
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Fort Lauderdale

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

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).

11/14/2025Sold$799,000
10/11/2025Price change$799,000-13.6%
5/28/2025Listed for sale$925,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1215-1217 NE 16th Ave, Fort Lauderdale FL 33304Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$5,068/mo

Principal & Interest

$4,253

Property Tax

$666

Insurance

$150

HOA

$0

20% ($159,800)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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