1621-1623 NE 16th Terrace NE, Fort Lauderdale, FL 33305 (MLS# B26033449)

1621-1623 NE 16th Terrace NE, Fort Lauderdale, FL 33305

$839,000
Property Type: Residential Income Square Footage: 2,342 Status: Active
Current Price: $839,000 List Date: 5/27/2026 Last Modified: 9/12/2026

Overview

Description

Prime Fort Lauderdale Investment Opportunity. This beautifully updated property offers an exceptional opportunity for homeowners or investors alike. The property features: Unit 1621: 2 Bedrooms / 3 Bathrooms Unit 1623: 1 Bedroom / 1 Bathroom. Enjoy modern upgrades throughout, including. Stainless steel appliances, updated kitchen & bathrooms, thoughtfully designed tile flooring, Impact windows, Fresh interior paint, Washer & dryer, and Private fenced backyard. Perfectly situated near major highways, restaurants, shopping, and entertainment, including: Minutes to Wilton Manors; near The Galleria at Fort Lauderdale Approx. 18 minutes to Fort Lauderdale-Hollywood International Airport, only 10 minutes to the beach, 11 minutes to I-95. 16 minutes to I-595 Property yearly gross income $63,480

Listing Details MLS# B26033449

General Property Information

Number Of Units Total
2
Property Sub Type
Duplex
Building Area Main
2342
Building Area Source
Appraiser
Living Area Main
2342
Living Area Source
Other
Adjusted Area Main
2342
Accessibility Features YN
No
Year Built
1956
Parking Total
2
Gated Community YN
No
Lot Size Area
6748
Lot Size Acres
0.15
Senior Community YN
No
Land Lease YN
No
Recreation Lease YN
No
Outdoor Living Spaces YN
No
Stories Total
Yes
Stories
Yes
Pool Private YN
No

Property Features

Documents Available: None Exterior Features: Garden; Lighting Fencing: Fenced Flooring: Ceramic Tile Foundation Details: Slab Property Condition: Resale Special Listing Conditions: Standard Structure Type: Duplex; Multi Family Tenant Pays: Cable TV; Electricity Source Of Expenses: Information Limited Construction Materials: CBS Cooling: Central Air Heating: Other Listing Terms: 1031 Exchange; Cash; Conventional Main Living Area: Entry Level Membership: No Membership Available Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Possession: Other Restrictions: No Restrictions Road Frontage Type: City Street Road Responsibility: Public Maintained Road Road Surface Type: Asphalt Roof: Shingle; Wood Sewer: Public Sewer Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler Storm Protection Details: None Tax Information: City/County Utilities: Cable Available; Sewer Available View: Garden; Other Water Access: Other Water Source: Public Showing Requirements: Text Listing Agent Unit 1 Appliances: Dryer; Range; Refrigerator; Washer Unit 1 Interior Features: Pantry Unit 1 Other Equipment: Smoke Detector(s) Unit 1 Parking Features: Parking Space Unit 1 Rooms: Family Room; Kitchen; Laundry Room Unit 2 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Washer/Dryer Hookups Unit 2 Parking Features: On Street Unit 2 Rooms: Kitchen; Laundry Room Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
839000
Negotiable Seller Concessions YN
Yes
Listing Service
Full Service
Seller Represented YN
Yes

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
1621-1623
Street Direction Prefix
NE
Street Name
16th
Street Suffix
Terrace
Street Direction Suffix
NE
City Name
Fort Lauderdale
Municipality Type
Incorporated
State Or Province
FL
Postal Code
33305
Postal Code +4
3409
Postal Zip
33305
Subdivision Name
PROGRESSO
Area
3380
Geographic Area
FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Elementary School
Bennett
Middle Or Junior School
Sunrise
High School
Fort Lauderdale
Special Assessment YN
No
Parcel Number
494234013510
Subdivision Number
Yes
Zoning
RS-8
Flood Zone
AE
Multiple Offers Accepted
Yes

Financial Information

Application Required YN
No
Master Association YN
No
Tax Annual Amount
12175.59
Tax Year
2025
Tax Legal Description
PROGRESSO 2-18 D LOT 7 BLK 19

Status Change Information

Major Change Timestamp
2026-05-27T19:08:09Z
Major Change Type
New Listing
Status Change Date
2026-05-27

More Information

Co-Ownership

Property Management YN
No

Leasing Permitted Details

Leasing Permitted YN
No

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
2
Separate Gas Meters YN
No
Separate Water Meters YN
No
Number Of Meters Total
2

Income and Expenses

Gross Income
63480

Pet Details

Pet Fee YN
Yes
Pet Fee
300

Storm Protection

Impact Glass
Complete
Other Protection
Partial

Unit 1 Details

Actual Rent
2295
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
850

Unit 1 Lease Description

Currently Leased YN
Yes
Lease Term
Month To Month
Lease Expiration
2026-05-27
Occupant Type
Tenant

Unit 1 Parking Details

Carport YN
No
Garage YN
No

Unit 2 Details

Actual Rent
2995
Baths Full
2
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
1350

Unit 2 Lease Description

Currently Leased YN
Yes
Lease Term
12 Months
Lease Expiration
2026-12-31
Occupant Type
Tenant

Unit 2 Parking Details

Carport YN
No
Garage YN
No

Price Calculations

Current Price To SqFt
358.24

Originating Details

Originating System Key
20260527181624461811000000
Originating System ID
M00000170
IDX
Listing Office: Charles Rutenberg Realty FTL
Last Updated: September - 12 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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