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1107 NE 16th Ct, Fort Lauderdale FL 33305

House For Sale
$625,000

BTC: 7.89141414

ETH: 255.20620661

+$100 (2026/09/09)
New
3 bds
2 ba
1,175 sqft

Overview

Rare income + redevelopment opportunity in Middle River Terrace! Situated on an oversized 9,350 SF lot with approx. 88' frontage and RM-15 zoning, this property features two legal living units: a 2BR/1BA main residence with full kitchen plus a separate legal 1BR/1BA ADU with its own full kitchen. Ideal for rental income, multigenerational living, guests, or an owner-occupant looking to offset expenses. Spacious interiors, updated kitchen, stainless appliances, mature tropical landscaping and an exceptionally large private backyard. RM-15 zoning offers compelling future development potential, including the possibility of 2–3 townhomes or other multifamily redevelopment, subject to City approval and buyer due diligence. Newer townhouse development directly across the street further highlights the property's long-term potential. Live, rent, hold or redevelop—an increasingly rare combination of income, land and development upside minutes from Wilton Manors, Downtown Fort Lauderdale, Las Olas and the beaches.

Location

Details

Type:
Residential
Parking:
Detached Carport / Additional Spaces Available
Year Built:
1960
Lot:
9350 Square Feet
Heating:
Central
Price/sqft:
$532
Cooling:
Ceiling Fan(s) / Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$559,500
$352K – $853K
Confidence Low
List vs. estimate
$65K above estimate
List $625,000 · +11.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$531
+1.5% vs. city median $524
Based on
14 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,596
2026
View
None
All facts and features
  • Flooring

    • Terrazzo

    • Vinyl

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Dryer

    • Electric Range

    • Electric Water Heater

    • Microwave

    • Washer

    Other interior features

    • Second Floor Entry

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Detached Carport

    • Additional Spaces Available

    Property

    • Exterior Features: Fruit Trees

    Lot

    • Lot: 9350 Square Feet

    Other Property Information

    • Parcel Number: 494235041650

    • Zoning: RM-15

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $9,596

  • Source details

    • MLS ID: A12085957

    Other facts

    • Construction Materials: Brick

    • Lot Features: Less Than 1/4 Acre Lot

    • Direction Faces: Southeast

    • Architectural Style: Detached / One Story

    • Living Area: 1175

    • Water Source: Municipal Water

    • Subdivision Name: LAUDERDALE PARK 6-33 1/2

Private inquiry
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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: Tribeca Development LLC