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$1,350,000
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Property Description
Premium resort-style 7 Bed 5 Bath Duplex. Two independent, all-new, energy-efficient houses. Annual G Rev $158K (see T12). Insurance $3K/yr. Investor dream. Perfectly located just 4 minutes from Central Beach, shopping malls, Las Olas. 2 blocks to Victoria Park. Architectural design, bright, spacious layouts. Quiet street. Both homes are popular, licensed 5-star Airbnbs. * House 1: 4 bed, 3 bath, 4 parking spaces, 2 decks, outdoor kitchen. * House 2: 3 bed, 2 bath, 2 parking spaces, patio, garden. Impact windows and doors. Hardwood floors. Quartzite countertops. Rainfall showers. Marble driveways, unique outdoor lighting design, flower trees, pergola, sculptures, magical feel day & night. Furniture negotiable. Survey ready to split the 2 houses into 2 folios. Do not disturb guests.
Full Property Details
Full Property Details for 1232 NE 16th Terrace
General
- Price: $1,350,000
- Taxes: $12,179 (2025)
- Status: Active
- Type: Duplex
- Source: Greater_Miami
- MLS ID: A12040060
- Updated: 8/21/2026
- Added to Site: 78 day(s) ago
Rental Information
- Rent Includes: Other Rent Incl
Interior
- Flooring: Wood
Parking
- Total Spaces: 6
Location
- Area: Progresso
- County: Broward County
- Subdivision: PROGRESSO
- Building Name: PROGRESSO
- Driving Directions: Drive northeast on North Federal Highway/US 1. Left to NE 13th St. Turn left. Property is on the left.
Community
- Community Name: Progresso
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Detached
- Structure Type: Duplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction, Frame With Stucco
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 2177
- Square Feet: 2,177
- Living Area: 2,177 Sq. Ft.
- Year Built: 1952
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: RC-15
Financial Considerations
- Price Per Sq. Ft.: $620.12
- Tax Amount: $12,179
- Tax Year: 2025
- Terms: Conventional, FHA, VA Loan
Disclosures and Reports
- Documents Avail.: None
- Legal Description: PROGRESSO 2-18 D LOT 21 BLK 100
- Property ID: 494234028890
Listed by Beycome of Florida LLC
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Schools
Schools serving 1232 NE 16th Terrace
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Bennett Elementary School 1755 Northeast 14th Street, Fort Lauderdale, FL 33304 | K-5 | 0.3 mi |
Sunrise Middle School 1750 Northeast 14th Street, Fort Lauderdale, FL 33304 | 6-8 | 0.3 mi |
Fort Lauderdale High School 1600 Northeast 4th Avenue, Fort Lauderdale, FL 33305 | 9-12 | 1.1 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 1232 NE 16th Terrace
Date
Details
Price
Change
Source
8/07/2026
Price Increased
$1,350,000
8%
MLS
7/11/2026
Price Reduced
$1,250,000
-15.71%
MLS
6/19/2026
Listed
$1,483,000
212.21%
MLS
11/11/2021
Sold
$475,000
—
Public Record
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
Tax History for 1232 NE 16th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,179
6%
$634,940
10%
2024
$11,530
—
$577,220
-3%
2024
$11,530
12%
$594,110
20%
2023
$10,322
108%
$494,250
57%
2021
$4,972
-46%
$315,510
-27%
2022
$9,185
85%
$434,220
38%
2021
$4,972
21%
$314,950
78%
2019
$4,114
15%
$176,810
6%
2018
$3,569
7%
$166,040
-24%
2017
$3,335
6%
$217,360
14%
2016
$3,141
14%
$191,060
37%
2015
$2,766
7%
$139,240
7%
2014
$2,588
2%
$129,790
7%
2013
$2,546
—
$120,770
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1232 NE 16th Terrace
1232 NE 16th Ter, Fort Lauderdale, FL 33304 (MLS# A12040060) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1232 NE 16th Ter is currently listed for $1,350,000 and was received on June 19, 2026. Want to learn more about 1232 NE 16th Ter? Do you have questions about finding other Duplex 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.

