Progresso 2-18 D
1116 NE 17th Terrace, Fort Lauderdale FL 33304
1,553 ft²
$600,000
Est. Payment $3,193/mo
1,553
Sq. Ft.
1953
Year Built
1
Stories
27
Days on Market
Description
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.
Facts
- MLS#
- F10506298
- Subdivision
- Progresso 2-18 D
- Property Type
- Residential Income
- Property Sub Type
- Triplex
- Year Built
- 1953
- Lot Size
- 0 sqft
- Sq. Ft.
- 1,553 ft²
- Sq. Mt.
- 144 m²
- Price per sq. ft.
- $386/ft²
- Price per sq. mt.
- $4,167/m²
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 27 days
- Listed
- Jun 2, 2025
- Last Updated
- Aug 17, 2026
- Price/Lot Sq.Ft.
- —
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Market insights for Fort Lauderdale
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
September 2026
45
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).
| 8/17/2026 | Sold | $600,000 |
| 6/2/2025 | Listed for sale | $600,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$3,843/mo
Principal & Interest
$3,193
Property Tax
$500
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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