House for Sale
$599,000
3 bd · 2 ba · 1,272 sqft
Fort Lauderdale, FL 33305 · MLS# A12085957 · Active · LAUDERDALE PARK 6-33 1/2
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.
School assignments are provided by the listing and should be independently verified.
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
1107 NE 16th Ct, Fort Lauderdale, FL 33305 · See all Fort Lauderdale homes for sale
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1107 NE 16th Ct is a single family home for sale in Fort Lauderdale, FL 33305. This property was listed for sale on September 9, 2026 by Tribeca Development LLC, it's currently listed at $599,888. This listing's school district is Broward County Public Schools. Nearby schools include Bennett, Sunrise and Fort Lauderdale. 1107 NE 16th Ct is a 3-bed, 2-bath, 1,175 sqft single family home built in 1960.