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Back 1116 Northeast 17th Terrace
Off Market

1116 Northeast 17th Terrace

Fort Lauderdale FL 33304

1553 sq. ft.
Duplex
Last sold for $560,000
Vito LabalestraVito Labalestra, last sold this property on 30 July 2025 after 57 days on market.

Overview

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.

Features

1553 sq. ft. floor area
Duplex

Estimated Value

Based on this property and similar duplexes sold in Fort Lauderdale over the last 12 months, the estimated median property value of 1116 Northeast 17th Terrace is $750k.

Median value
$750k
Estimated value range
$415k - $8.75m
Median days on market
70
Estimated value trend
-14%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Fort Lauderdale. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1116 Northeast 17th Terrace

2025
Sold
$560,000
30 Jul 2025 by Vito Labalestra, of COMPASS FLORIDA, LLC

Happy sellers in Fort Lauderdale

88%
88% of sellers in Fort Lauderdale reported that their sale price either exceeded or met their price expectations.

Fort Lauderdale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Fort Lauderdale over the last 12 months.

Local market activity for duplexes in Fort Lauderdale

In the last 12 months, 30 duplexes similar to 1116 Northeast 17th Terrace, have been sold.

This represents a 7% increase in duplexes sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Fort Lauderdale

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Olivier Turina

Olivier Turina is a recommended agent for Fort Lauderdale.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   5   (36 reviews)
  •  2 Reviews in Fort Lauderdale
  •  2 Sales in Fort Lauderdale
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Kenny Silverman

Kenny Silverman is a recommended agent for Fort Lauderdale.  They have 4 local sales and collected 1 local review across the last 12 months.

  •   5   (93 reviews)
  •  1 Review in Fort Lauderdale
  •  4 Sales in Fort Lauderdale
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Nancy Wesley

Nancy Wesley is a recommended agent for Fort Lauderdale.  They have 4 local sales and collected 1 local review across the last 12 months.

  •   5   (3 reviews)
  •  1 Review in Fort Lauderdale
  •  4 Sales in Fort Lauderdale
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Adela Philipson

Adela Philipson is a recommended agent for Fort Lauderdale.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   5   (6 reviews)
  •  1 Review in Fort Lauderdale
  •  3 Sales in Fort Lauderdale
View profile
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