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1331 NE 16th Ter, Fort Lauderdale FL 33304

House For Sale
$2,625,000

BTC: 40.27308990

ETH: 1,379.66194340

38 days
4 bds
4 ba
3,438 sqft

Overview

1 SOLD 2 LEFT! Brand-new construction coming soon in the highly desirable Lake Ridge neighborhood. One of three exclusive single-family residences being developed on this rapidly transforming street, with one already under contract pre-construction and only two opportunities remaining. This thoughtfully designed residence will offer approximately 3,460 SQFT under air with 4 bedrooms and 4 bathrooms, including a first-floor bedroom with a private en-suite bath. Open-concept floor plan featuring spacious living areas, high ceilings, large impact windows and doors, and luxury finishes throughout. Buyers who secure the property during construction will have the opportunity to customize select finishes, colors, and design elements with the developer. Estimated completion approximately 11 months. ( early/mid 2027) Located on one of Lake Ridge's most active redevelopment streets, surrounded by new construction. The developer is also constructing 10 modern townhomes directly across the street, contributing to the area's continued growth and transformation. Conveniently located minutes from Las Olas Boulevard, Downtown Fort Lauderdale, Fort Lauderdale Beach, shopping, dining, and entertainment. A rare opportunity to own a new construction home in one of Fort Lauderdale's fastest-growing neighborhoods. Features, specifications, finishes, and dimensions are subject to change without notice. Estimated completion dates are approximate. Buyer to verify all information.

Location

Details

Type:
Residential
Parking:
Other
Year Built:
2026
Lot:
13497 Square Feet
Heating:
Central
Price/sqft:
$764
Cooling:
Ceiling Fan(s) / Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,399,000
$1.5M – $2.8M
Confidence Low
List vs. estimate
$226K above estimate
List $2,625,000 · +9.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$763
+49.3% vs. city median $511
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,553
2025
Pool
Other
View
Pool
Garage
2 car garage
All facts and features
  • Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Washer

    Other interior features

    • First Floor Entry

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 4

  • Parking

    • Other

    Property

    • Exterior Features: Barbeque / Open Balcony / Other

    Lot

    • Lot: 13497 Square Feet

    Other Property Information

    • Parcel Number: 494234028060

    • Zoning: RC-15

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $10,553

  • Source details

    • MLS ID: A12042579

    Other facts

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Open Balcony

    • Pool Features: Other

    • Direction Faces: East

    • Architectural Style: Attached / Two Story

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 3438

    • Water Source: Municipal Water

    • Subdivision Name: PROGRESSO

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: REI By Zip LLC