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Renovation-Needed Quadplex Opportunity
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1025 - 1027 NE 16th Ter, Fort Lauderdale, FL 33304

Two-building quadplex with private yards or patios and separate utilities, offered for sale with renovation needed.

Property SizeContact for details
Days on Market119

Property Features for 1025 - 1027 NE 16th Ter

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 4
Listing Agency: Compass Fort Lauderdale
Listed By: Jeffrey Corriolan · License #3259001
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Jul 21 at 11:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Fort Lauderdale

Investment Insights

Based on property information with market context.

This quadplex consists of two separate buildings. The first building is one story and includes two 1-bedroom, 1-bath units. The second building is two stories and includes two 2-bedroom, 1-bath units. Each unit has private outdoor space in the form of a yard or patio. The property requires some renovation.

The buildings have separate water meters, and each unit is individually metered for electricity.

The current configuration totals four individually metered rental units across two buildings, with private yards or patios supporting tenant use of outdoor space. Please do not disturb tenants or access the property without an appointment.

Key Highlights

  • Two‑building quadplex with 4 total units in the Lake Ridge neighborhood
  • Unit mix: two 1‑bedroom, 1‑bath units and two 2‑bedroom, 1‑bath units
  • Each unit has private yard or patio space

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Parking Lot & Garage Butcher Food Market Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,393
Businesses Nearby

Demographics for 33304, FL

19,978
Population
12,367
Households
1.6
Avg Household Size
46
Median Age
51%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
6,445
Density / Sq Mi
$84,951
Median Household Income
$55,527
Median Earnings
$1,727
Median Rent
$556,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Two-building quadplex with private yards or patios and separate utilities, offered for sale with renovation needed.
Where is this quadplex located?
The property is located at 1025 - 1027 NE 16th Ter Fort Lauderdale, FL.
What are key features of this property?
This property features: Two‑building quadplex with 4 total units in the Lake Ridge neighborhood; Unit mix: two 1‑bedroom, 1‑bath units and two 2‑bedroom, 1‑bath units; Each unit has private yard or patio space
(305) 542-6470 Call to check price and availability
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