$560,000
Sold · July 30, 2025
1116 NE 17th Terrace
Fort Lauderdale, FL 33304
Explore the area: Fort Lauderdale homes for sale · Broward County real estate
Sale Summary
What this home sold for
- Sold price
- $560,000
- Vs. list price
- 6.7% under
- Days on market
- 27
- Price per sq ft
- N/A
This lot in Progresso 2-18 D sold for $560,000 on July 30, 2025. That was 6.7% below its final list price of $600,000. It spent 27 days on the market.
Listing Snapshot
- Sold Price
- $560,000
- Sold On
- July 30, 2025
- Days on Site
- 27 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.16 Acres
- Property Type
- Land
- MLS #
- F10506940
- Property Tax
- $11,482 (2024)
- Subdivision
- Progresso 2-18 D
- County
- Broward
- Status
- Sold
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Land
- Status
- Sold
- Direction Faces
- West
- Lot Size (Acres)
- 0.16
- Zoning
- RC-15
Community & HOA
- Financing Terms
- Cash
- MLS Area
- 3380
About the Community
Progresso 2-18 D is a community in Fort Lauderdale, Broward County, Florida. Active listings are priced from $585,000 to $2,400,000. Homes were built between 1952 and 2026. Pure Equity lists homes in Progresso 2-18 D and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 11
- Median List Price
- $730,498
- Median $/Sq Ft
- $466
- Avg Days on Market
- 455
Frequently Asked Questions
- How do I schedule a tour of 1116 NE 17th Terrace, Fort Lauderdale, FL 33304?
- Use the Tour button on this listing to request a showing of 1116 NE 17th Terrace, Fort Lauderdale, FL 33304. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1116 NE 17th Terrace, Fort Lauderdale, FL 33304 still available?
- 1116 NE 17th Terrace, Fort Lauderdale, FL 33304 is currently listed as Sold, and has been on the market 27 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1116 NE 17th Terrace, Fort Lauderdale, FL 33304?
- With 20% down ($120,000) on the $600,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1116 NE 17th Terrace, Fort Lauderdale, FL 33304 is about $3,153/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1116 NE 17th Terrace, Fort Lauderdale, FL 33304?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1116 NE 17th Terrace, Fort Lauderdale, FL 33304. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 1116 NE 17th Terrace, Fort Lauderdale, FL 33304?
- Often, yes. The right offer on 1116 NE 17th Terrace, Fort Lauderdale, FL 33304 depends on how it's priced against comparable land sales in Fort Lauderdale, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Compass Florida, LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$560,000
Own a home nearby?
This sale is now a comparable for every home around it. Get a free estimate of what yours would sell for today.
Listed by Vito Anthony Labalestra, Compass Florida, LLC
Map & Location
Featured Communities
Cities in Broward County
Zip Codes in Broward County
Property Types
Recent Sales
Recently sold homes in Progresso 2-18 D
These are the last 6 recorded closings in Progresso 2-18 D, with the price each home actually sold for rather than what it was listed at. They closed at a median of $430 per square foot. The most recent closed on August 24, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$220,000
Sold · August 24, 2026
Xxxx NW 11th Street
0 bed · 0 bath
$14,000 under the asking price
Sold$1,900,000
Sold · August 19, 2026
615 & 617 NE 9th Avenue
0 bed · 0 bath · 4,655 sqft · $408/sqft
$335,000 under the asking price
Sold$320,000
Sold · July 13, 2026
1500 NW 2nd Avenue
0 bed · 0 bath · 744 sqft · $430/sqft
$205,000 under the asking price
Sold$885,000
Sold · June 11, 2026
1145 NE 18th Avenue
0 bed · 0 bath · 1,809 sqft · $489/sqft
$64,000 under the asking price
Sold$430,000
Sold · May 14, 2026
1219 NE 5th Terrace
0 bed · 0 bath · 1,000 sqft · $430/sqft
$69,000 under the asking price
Sold$1,475,000
Sold · May 7, 2026
804 N Victoria Park Road
0 bed · 0 bath · 3,464 sqft · $426/sqft
$25,000 under the asking price
See every recorded sale in Progresso 2-18 D or find out what your Progresso 2-18 D home is worth.
