1122 Northeast 16th Terrace

Fort Lauderdale, FL 33304

$375,000
Last Sold Price
Beds
1,440 Sq. Ft.
$260 / Sq. Ft.
1,440
Sq. Ft.
$260
per Sq. Ft.

Description

Great East Fort Lauderdale, Lake Ridge income (duplex) opportunity. Each unit on this property consists of 2 bedrooms 1 bath and the property is situated on a 50 X 135 lot. Central air conditioning. Original Roof. Many many possibilities. 5 minutes to beach and downtown. Situated next to townhomes that are selling for over $500,000.Great East Fort Lauderdale, Lake Ridge income (duplex) opportunity. Each unit on this property consists of 2 bedrooms 1 bath and the property is situated on a 50 X 135 lot. Central air conditioning. Original Roof. Many many possibilities. 5 minutes to beach and downtown. Situated next to townhomes that are selling for over $500,000.
  1. Listed by Bryan Sawchuk • A-1 Florida Real Estate
  2. Listed by Diane Sawchuk • A-1 Florida Real Estate

Property Details for 1122 Northeast 16th Terrace

Subdivision Name
Lake Ridge
Style
Duplex
Waterfront
No

Location

Listing Courtesy of A-1 Florida Real Estate

Sold By The Keyes Company

Add your commute
LISTING UPDATED: 10/01/2018 03:00 PM

Property Details for 1122 Northeast 16th Terrace

StatusClosed Sale
MLS #F10129871
Days on Market79
Taxes$3,748 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1951
Lot Size-
CountyBroward County

Location

Listing Courtesy of A-1 Florida Real Estate

Sold By The Keyes Company

Add your commute

Building Information for 1122 Northeast 16th Terrace

Stories-Residences2Year Built1951Building Size-Lot Size-

Payment Calculator

$2,359 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,047

Property Taxes

$312

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1122 Northeast 16th Terrace

General Information
General Information
  • Sq Ft Liv Area: 1440.0
  • Sq Ft Total: 1621
  • Information Available: Other Available Information
  • Township Range: 4942
  • Street Number Numeric: 1122
  • Street Number: 1122
  • Street Direction Prefix: NE
  • Street Name: 16th Ter
  • County Or Parish: Broward County
  • Postal Code: 33304
  • City and Location Text: Fort Lauderdale
  • City Postal ID: 33304
  • Price Per Square Foot: $231
Maintenance / Tax Information
  • Tax Amount: $3,748
  • Tax Information: Tax Reflects No Exemptions
  • Tax Year: 2017
Building Information
  • Property Type: Residential Income
  • Property Type Information: Detached
  • Subdivision Complex Bldg: Lake Ridge
  • Total Units: 2
  • Type of Property: Duplex
  • Year Built Numeric: 1951
  • Year Built Description: Resale
  • MLS Area: 3380
Virtual Tour / Features / Utilities
Interior
  • Floor Description: Other Floors, Terrazzo Floors
  • Flooring: Other Floors, Terrazzo Floors
Exterior
  • Exterior Features: Fence
  • Construction Type: Cbs Construction
  • Pool: No
  • Roof Description: Barrel Roof
  • Windows Treatment: Other Windows
  • Construction: Cbs Construction
  • Roof: Barrel Roof
Utilities
  • Cooling Description: Central Cooling, Electric Cooling
  • Heating Description: Central Heat, Electric Heat
  • Cable Available: Yes
  • Separate Meter: Yes
  • Sewer Description: Municipal Sewer
Property / Lot Information
Building Information
  • Unit Count: 2
  • Type of Association: None
  • Zoning Information: RC-15
  • Num Parking Spaces: 4
  • Num Stories: 1
Location Information
  • Area: 3380
  • Directions: Sunrise Boulevard East to Northeast 15th Avenue. North on Northeast 15th Avenue to Northeast 11th Street, East on Northeast 11th Street to Northeast 16th Terrace. North on Northeast 16th Terrace to property in the right.
  • Geographic Area: Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
  • Parcel Number Free Text: 494234043890
  • Section: 34
  • State: FL
Lot Information
  • Approximate Lot Size: 50x135
  • Lot Description: Less Than 1/4 Acre Lot
Multi Family Information
Expense Information
  • Exp Incl Electric: Yes
  • Exp Incl Insurance: Yes
  • Exp Incl Lawn Maintenance: No
  • Exp Incl Management: No
  • Exp Incl Retax: Yes
  • Exp Incl Trash: Yes
  • Exp Incl Water Sewer: Yes
  • Total Expenses: $10,644
Income Information
  • Gross Rent Income: $24,000
  • Net Operating Income: $13,356
Rent Information
Rent Information
  • Rent Includes: Lawn Care, Sewer, Trash Removal

Property History for 1122 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 1122 Northeast 16th Terrace

Taxable ValueLand$54,010Additions$379,880Total$433,890
Tax Record2023$9,083 ($757 / month)
Home Facts
Total Finished SqFt1,500 SqFtAbove Grade Finished SqFt1,500 SqFtStories1Lot Size6,751 SqFtStyleDuplexYear Built1951Year Renovated1952ZoningRC-15CountyBROWARDAPN49-42-34-04-3890

Schools near 1122 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.

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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 A-1 Florida Real Estate

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.