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3 Beds
2 Baths
1,175 sqft

$625,000

1107 NE 16th Ct, Fort Lauderdale FL, 33305

Price per sqft$531.91
Built in1960
Property size1,175 sqft
Property typeResidential

Overview

Active

Listed Sep 9, 2026

Updated 6 days ago

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.

$4,158/mo

Est. mortgage payment based on a $625,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
A12085957

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.21 Acres

Other Property Details

Taxes
$9,596
Tax Frequency
Annually
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Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

©2026 Miami Association of REALTORS® all rights reserved. 

Data last updated 3:52 AM UTC, 10/2/2026.

Listed by:  Tribeca Development LLC, 646-261-1803

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