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1621-1623 NE 16th Terrace NE, Fort Lauderdale FL 33305

Multi-family For Sale
$839,000

BTC: 14.00667780

ETH: 508.48484848

28 days
Waterfront
0 room(s)
2,342 sqft

Overview

Prime Fort Lauderdale Investment Opportunity Located in desirable Fort Lauderdale, this beautifully updated property offers an exceptional opportunity for homeowners or investors alike. The property features: Unit 1621: 2 Bedrooms / 3 Bathrooms Unit 1623: 1 Bedroom / 1 Bathroom. Enjoy modern upgrades throughout, including. Stainless steel appliances, updated kitchen & bathrooms, thoughtfully designed tile flooring, Impact windows, Fresh interior paint, Washer & dryer, and Private fenced backyard. Perfectly situated near major highways, restaurants, shopping, and entertainment, including: Minutes to Wilton Manors, Near The Galleria at Fort Lauderdale Approx. 18 minutes to Fort Lauderdale-Hollywood International Airport, only 10 minutes to the beach, 11 minutes to I-95. 16 minutes to I-595

Location

Florida • Fort Lauderdale • 33305 • Multi-family • For Sale • Waterfront

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1956
Lot:
0.15 Acres
Heating:
Other
Price/sqft:
$358
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$875,000
$719K – $1.3M
Confidence Low
List vs. estimate
$36K below estimate
List $839,000 · -4.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$358
-10.5% vs. city median $400
Based on
13 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,175
2025
View
Garden, Other
Waterfront
Waterfront
Pets
Allowed
All facts and features

  • Flooring

    • Ceramic Floor

    Heating

    • Other

    Cooling

    • Central Air

  • Property

    • Levels: 1

    • Exterior Features: Exterior Lights

    Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 494234013510

    • Zoning: RS-8

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Connected

    • Sewer Connected

    • Cable Available

    • Sewer Available

  • Other financial information

    • Annual tax amount: $12,175

  • Source details

    • MLS ID: B26033449

    Other facts

    • Construction Materials: CBS Construction / Slab Construction

    • Lot Features: Fenced

    • Window Features: Complete Impact Glass / Partial Other Protection

    • Architectural Style: Twin Home / Half Duplex / Twin Homes

    • Waterfront: Yes

    • Living Area: 2342

    • Water Source: Public

    • Subdivision Name: PROGRESSO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33305
236
median $1.1M
Active
Same city
Fort Lauderdale
2,931
median $709K
Active
Same type
Multi-family
192
median $929K
Active
Similar price
$587K – $1.1M
678
median $767K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Charles Rutenberg Realty FTL