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$1,070,000
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Property Description
"Developer's dream!!!!! can built 2 multi-million single family homes or a total of 4 units, zoning RC15. Currently a two unit - 2/2 on south side. This property offers incredible potential. With the right vision, it could become a standout investment or a personalized dream home."
Full Property Details
Full Property Details for 1316 NE 16th Terrace
General
- Sold For: $1,070,000
- Taxes: $16,036 (2023)
- Status: Closed
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11658295
- Added to Site: 527 day(s) ago
Interior
- Interior Features: Cooking Island, Family Room, Utility Room/Laundry
- Appliances: Dishwasher, Disposal, Dryer, Electric Range, Wall Oven, Washer
- Furnishings: Unfurnished
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: Entry Level, Primary Bedroom Ground Level
Other Rooms
- Living Room: Family Room, Guest House, U Sq. Ft.
- Dining Room: Dining/Living Room
- Laundry: Utility Room/Laundry
Exterior
- Deck/Patio: Patio
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Driveway
Location
- Area: Progresso
- County: Broward County
- Subdivision: PROGRESSO
- Building Name: PROGRESSO
- Direction Faces: West
Community
- Community Name: Progresso
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Electric
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Attached, One Story
- Structure Type: R30-No Pool/No Water, House
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Windows: Blinds
- Doors: High Impact Doors
- Building Size: 2372
- Square Feet: 1,958
- Living Area: 1,958 Sq. Ft.
- Year Built: 1951
Additional Structures
- Other Structures: Guest House
Lot Features
- Property View: Garden
- Lot Size (Sq. Ft.): 13,508
- Lot Features: 1/4 To Less Than 1/2 Acre Lot
- Potential Use: Unknown/Withheld
- Zoning: RC-15
Financial Considerations
- Price Per Sq. Ft.: $546.48
- Tax Amount: $16,036
- Tax Year: 2023
- Terms: All Cash, Cryptocurrency
Disclosures and Reports
- Legal Description: PROGRESSO 2-18 D LOT 16, 17 BLK 91
- Restrictions: Other Restrictions
- Property ID: 494234028380
Listed and Sold by Fortune Christie's International Real Estate
Get Pre-Approved Today
Schools
Schools serving 1316 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 | 0.2 mi |
Sunrise Middle School 1750 Northeast 14th Street, Fort Lauderdale, FL 33304 | 6-8 | 0.2 mi |
Fort Lauderdale High School 1600 Northeast 4th Avenue, Fort Lauderdale, FL 33305 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1316 NE 16th Terrace
Date
Details
Price
Change
Source
11/15/2024
Sold
$1,070,000
-10.76%
MLS
9/18/2024
Price Reduced
$1,199,000
-40.02%
MLS
9/12/2024
Listed
$1,999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1316 NE 16th Ter, Fort Lauderdale, FL 33304 (MLS# A11658295) is a Single Family property that was sold at $1,070,000 on November 15, 2024. Want to learn more about 1316 NE 16th Ter? Do you have questions about finding other Single 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.

