1117 Northeast 16th Terrace

Fort Lauderdale, FL 33304

$799,999
Price
Beds
1,456 Sq. Ft.
$549 / Sq. Ft.
1,456
Sq. Ft.
$549
per Sq. Ft.

Description

Perfect income property / cash cow! The home has two separate meters, A/C's, water tanks, and two separate entrances. NEW MODERN POOL and common space for grilling & entertaining! The new landlord can continue renting as a single-family home certified as an Airbnb vacation property or for a fair price, the Seller will re-install the wall separating the 2 spaces back to a large 2/1 & 1/1 with pavers to the rear entrance. The kitchen is completely updated with white shaker cabinets and SS appliances....Perfect income property / cash cow! The home has two separate meters, A/C's, water tanks, and two separate entrances. NEW MODERN POOL and common space for grilling & entertaining! The new landlord can continue renting as a single-family home certified as an Airbnb vacation property or for a fair price, the Seller will re-install the wall separating the 2 spaces back to a large 2/1 & 1/1 with pavers to the rear entrance. The kitchen is completely updated with white shaker cabinets and SS appliances. Home has mostly impact windows & doors. Both areas have large bedrooms maxing out rental income potential. BEST location! est. 5 mins Uber to the ocean and downtown or walk to restaurants. Prime Street with new construction. Sold furnished. Move-in ready w/pre-bookings for future income.
  1. Listed by Jason Granieri • One Sotheby's Int'l Realty
  2. Listed by Lori Suarez • One Sotheby's Int'l Realty

Property Details for 1117 Northeast 16th Terrace

Subdivision
PROGRESSO
Style
Duplex
Waterfront
No
Area
3380
Geographic Area
Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
Auction
No
Total Units
1
Num Stories
1

Location

Listing Courtesy of One Sotheby's Int'l Realty
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LISTING UPDATED: 05/03/2024 03:16 PM

Property Details for 1117 Northeast 16th Terrace

StatusActive
MLS #A11475118
Days on Market152
Taxes$10,629 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Duplex
Year Built1951
Lot Size-
CountyBroward County

Location

Listing Courtesy of One Sotheby's Int'l Realty
Add your commute

Building Information for 1117 Northeast 16th Terrace

Stories-Residences1Year Built1951Building Size-Lot Size-

Payment Calculator

$5,252 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,366

Property Taxes

$886

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1117 Northeast 16th Terrace

Location Information
Location Information
  • Parcel Number Free Text: 494234043610
  • Parcel Number MLX: 3610
  • MLS Area: 3380
  • Township Range: 49
  • Section: 34
  • Subdivision Number: 4
  • Subdivision Complex Bldg: PROGRESSO
  • Unit Count: 0
  • Zoning Information: RC-15
General Information
Parking
  • Num Parking Spaces: 3
General Information
  • Property Type Information: Attached
  • Lot Description: Less Than 1/4 Acre Lot
  • Spa: No
  • Pool: Yes
  • Pool Description: Above Ground Pool
  • Construction: Concrete Block Construction, CBS Construction
  • Construction Type: Concrete Block Construction, CBS Construction
  • Roof Description: Flat Tile Roof, Shingle Roof
  • Flooring: Tile Floors, Vinyl Floors
  • Floor Description: Tile Floors, Vinyl Floors
Additional Property Information
Utilities
  • Heating Description: Electric Heat
  • Cooling Description: Ceiling Fans, Central Cooling
  • Sprinkler Description: Auto Sprinkler
  • Water Description: Municipal Water
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Num Ceiling Fans: 3
  • Rent Includes: Cable Tv, Lawn Care, Pool Maintenance, Trash Removal, Water
  • Windows Treatment: Impact Glass, Single Hung Metal, Sliding
  • Exterior Features: Fence, Patio
  • Storm Protection: Partial Impact Glass
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2022
  • Tax Information: Tax Reflects No Homestead Tax
  • Information Available: Financial Statement, Investment Analysis, Other Available Information

Property History for 1117 Northeast 16th Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1117 Northeast 16th Terrace

Taxable ValueLand$37,130Additions$499,420Total$536,550
Tax Record2023$10,718 ($893 / month)
Home Facts
Beds3Total Finished SqFt1,456 SqFtAbove Grade Finished SqFt1,456 SqFtStories1Lot Size6,751 SqFtStyleSingle Family ResidenceYear Built1951Year Renovated2015ZoningRC-15CountyBROWARDAPN49-42-34-04-3610

Schools near 1117 Northeast 16th Terrace

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Bennett Elementary School
PublicPK to 5

Sunrise Middle School
Public6 to 8

Fort Lauderdale High School
Public9 to 12

Virginia Shuman Young Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1117 Northeast 16th Terrace is a multi-family home for sale in Fort Lauderdale, FL 33304. This property was listed for sale on October 24, 2023 by One Sotheby's Int'l Realty, it's currently listed at $799,999. It has been on the market for a total of 152 days and was last sold on August 2, 2021. This listing's school district is Broward. Nearby schools include Bennett Elementary School, Sunrise Middle School and Fort Lauderdale High School. 1117 Northeast 16th Terrace is a 0-bed, 0-bath, 1,456 sqft multi-family home built in 1951.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of One Sotheby's Int'l Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.