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$1,355,000

  • For Sale
  • Active
  • Multi-Family
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Renovated Turnkey Furnished 4-Plex with a Pool and HURRICANE IMPACT WINDOWS. PERFECT for Short Term Rental. HIGH OCCUPANCY. Less than 2 miles from the Beach and Downtown. Washer and dryer in each unit! It's not just a property, it's a lifestyle. This gem of an investment doesn't just come with a prime location - it's fully decked out with attractive furnishings, making it a breeze for anyone eyeing it. Dive into a sparkling pool, park without a worry, and let your tenants/guests soak up the Florida sun while enjoying all the perks on-site. Security gate and cameras for peace of mind. Everything you need is within arm's reach. Shopping, bars, entertainment, Galleria Mall, Publix - you name it, it's there! Come see for yourself!

Full Property Details for 1109 NE 16th Terrace

General

  • Price: $1,355,000
  • Taxes: $21,429 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A12022835
  • Updated: 5/29/2026
  • Added to Site: 50 day(s) ago

Rental Information

  • Rent Includes: None

Interior

  • Flooring: Vinyl

Additional Information

  • Pool: Yes
  • Pool Description: In Ground

Parking

  • Total Spaces: 5

Location

  • Area: Progresso
  • County: Broward County
  • Subdivision: PROGRESSO, Lake Ridge
  • Building Name: PROGRESSO
  • Driving Directions: From I-95, exit Sunrise Blvd east, turn south on NE 12th Ave, then east on NE 16th Terrace to home on right.

Community

  • Community Name: Progresso
  • Units Assoc/Comm: 4

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Other
  • Heating Type: Other

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water

Structural Information

  • Architectural Style: Attached
  • Structure Type: Quadruplex, Fourplex
  • Detached/Attached: Detached
  • Construction: CBS Construction
  • Roof: Shingle
  • Windows: Complete Impact Glass
  • Stories/Levels: 1
  • Building Size: 2276
  • Square Feet: 2,276
  • Living Area: 2,276 Sq. Ft.
  • Year Built: 1952

Unit Information

  • Units in Complex: 4

Lot Features

  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: RC-15

Financial Considerations

  • Price Per Sq. Ft.: $595.34
  • Tax Amount: $21,429
  • Tax Year: 2025
  • Terms: All Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Documents Avail.: None
  • Legal Description: PROGRESSO 2-18 D LOT 10 BLK 157
  • Property ID: 494234043630

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— 1109 NE 16th Terrace —

  • LoKation

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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Schools serving 1109 NE 16th Terrace

School District:Broward County School District
NameGradesDistance
Bennett Elementary School
1755 Northeast 14th Street, Fort Lauderdale, FL 33304
K-50.4 mi
Sunrise Middle School
1750 Northeast 14th Street, Fort Lauderdale, FL 33304
6-80.4 mi
Fort Lauderdale High School
1600 Northeast 4th Avenue, Fort Lauderdale, FL 33305
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1109 NE 16th Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/22/2026
Listed
$1,355,000
17.83%
MLS
9/08/2023
Sold
$1,150,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1109 NE 16th Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$21,438
9%
$957,100
-8%
2024
$19,604
—
$1,037,340
9%
2024
$19,604
50%
$954,070
61%
2023
$13,050
5%
$593,910
3%
2022
$12,392
15%
$574,000
7%
2021
$10,792
—
$538,410
29%
2021
$10,792
55%
$418,460
73%
2019
$6,978
23%
$242,060
10%
2018
$5,665
7%
$220,060
-12%
2017
$5,302
6%
$249,940
15%
2016
$4,990
14%
$217,280
31%
2015
$4,376
6%
$165,350
10%
2014
$4,139
5%
$150,320
10%
2013
$3,936
—
$136,660
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1109 NE 16th Ter, Fort Lauderdale, FL 33304 (MLS# A12022835) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 1109 NE 16th Ter is currently listed for $1,355,000 and was received on May 22, 2026. Want to learn more about 1109 NE 16th Ter? Do you have questions about finding other Multi-Family real estate for sale in Fort Lauderdale? You can browse all Fort Lauderdale real estate or contact a Coldwell Banker agent to request more information.

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