With the booming development of luxury high end townhomes in the area, this expansive lot holds immense potential. The lush, exotic garden offers the chance to create a stunning oasis for future residents, with the existing flora providing an unparalleled landscape that can be preserved and replanted post-development. Two houses, each equipped with solar panels, City water for interiors, and well water for landscaping ensuring low utility costs. Abundant natural light with numerous windows, metal roofs and fully fenced offering privacy and tranquility. Whether you're seeking income generation, a personal haven, or a lucrative development project. Don't miss the chance to capitalize on this rare opportunity to own or transform this into a premier residential destination.
Sold for $1,078,000 on 12/13/24
$1,078,000
1332 NE 16th Ter, Fort Lauderdale, FL 33304
5beds
2,385sqft
Single Family Residence
Built in 1959
0.31 Acres Lot
$1,296,200 Zestimate®
$452/sqft
$6,640 Estimated rent
Home value
$1,296,200
$1.13M - $1.48M
$6,640/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 16, 2025 at 09:18am
Listed by:
Khalid Bryan 954-348-2954,
Keller Williams Realty SW,
Jazmine Menders 305-900-0355,
Keller Williams Realty SW
Bought with:
Jazmine Menders, 3474141
Keller Williams Realty SW
Source: MIAMI,MLS#: A11557761
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
- Laundry: Laundry Room
Features
- Built-in Features, Separate Guest/In-Law Quarters, Storage
- Flooring: Terrazzo, Wood
- Windows: Hurricane Shutters
Interior area
- Total structure area: 2,585
- Total interior livable area: 2,385 sqft
Property
Parking
- Parking features: Driveway, On Street
- Has uncovered spaces: Yes
Features
- Stories: 1
- Entry location: First Floor Entry
- Patio & porch: Deck
- Exterior features: Lighting
- Pool features: R30-No Pool/No Water
- Has spa: Yes
- Fencing: Fenced
- Has view: Yes
- View description: Garden
Lot
- Size: 0.31 Acres
- Features: 1/4 To Less Than 1/2 Acre Lot
- Residential vegetation: Fruit Trees
Details
- Additional structures: Extra Building/Shed, Guest House
- Parcel number: 494234028420
- Zoning: RC-15
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Concrete Block Construction, Stucco
- Roof: Metal
Condition
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water, Well
Community & neighborhood
Community
- Community features: None, No Subdiv/Park Info
Location
- Region: Fort Lauderdale
- Subdivision: Progresso
Other
Other facts
- Listing terms: All Cash,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 12/13/2024 | Sold | $1,078,000-20.1%$452/sqft |
Source:  MIAMI #A11557761 | ||
| 10/23/2024 | Pending sale | $1,350,000$566/sqft |
Source: MIAMI #A11557761 | ||
| 10/10/2024 | Contingent | $1,350,000$566/sqft |
Source: MIAMI #A11557761 | ||
| 7/25/2024 | Price change | $1,350,000-10%$566/sqft |
Source: MIAMI #A11557761 | ||
| 4/19/2024 | Price change | $1,500,000-16.7%$629/sqft |
Source: MIAMI #A11557761 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $14,995 +1.3% | $423,890 +3% |
| 2023 | $14,804 +3.1% | $411,550 +3% |
| 2022 | $14,359 +15% | $399,570 +3% |
Find assessor info on the county website
Neighborhood: Poinsettia Heights
Nearby schools
GreatSchools rating
- 5/10Bennett Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 6/10Sunrise Middle SchoolGrades: 6-8Distance: 0.2 mi
- 6/10Fort Lauderdale High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$1,296,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,296,200