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1332 NE 16th Ter, Fort Lauderdale, FL, 33304

$1,500,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
2,385 SqFt
$629/SqFt
House
Schools Nearby

Location

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1332 NE 16th Ter, Fort Lauderdale$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, On Street
Year Built1959
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
ViewGarden
MLS #A11557761
StatusActive

About 1332 NE 16th Ter

Introducing '13 Palms Resort', a unique gem nestled minutes away from Fort Lauderdale Beach. This extraordinary property features two houses joined on a double lot, boasting a total of 13,509 sqft. Each house is equipped with solar panels & uses City water for interiors, supplemented by well water for landscaping, keeping utility costs low. With metal roofs, fenced yards adorned with lush fruit trees and plants, and abundant natural light streaming through numerous windows, this oasis offers both privacy and tranquility. Three decks, a tiki hut, and a spa set the stage for gatherings or serene lounging. Whether seeking income generation or a personal haven, the versatile layout accommodates various lifestyles and preferences. Don't miss the opportunity to make '13 Palms Resort' your own.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, Twin Home
  • Year Built: 1959
  • Living Area: 2,385 SqFt

Listing Office:

  • Office Name: The Investment Property Gurus, LLC
  • Office Phone: (954) 348-2954
  • Listing Agent: Khalid Bryan

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Flooring Type: Terrazzo, Wood
  • Interior: Built-in Features, Bedroom on Main Level, First Floor Entry, Sitting Area in Primary

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Garden
  • Exterior: Deck, Fence, Fruit Trees, Lighting, Shed, Storm/Security Shutters

Parking Information:

  • Parking: Driveway, On Street

Virtual/3D Tour

  • Virtual Tour: 1332 NE 16th Ter

Virtual Tour

Lot Features

Lot Information:

  • Lot: Sprinklers

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Fort Lauderdale High School, Public Magnet Grades 9-12
  • Sunrise Middle School, Public Magnet Grades 6-8
  • Bennett Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $629/SqFt

Tax Information:

  • Annual Amount: $7,437
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Fort Lauderdale, FL.

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Fort Lauderdale, FL

City

Med. Sold Price

$475K

Med. Price/SqFt

$366

Avg. Days On Market

66

# of Sold Homes

137

1332 NE 16th Ter vs Fort Lauderdale

30 DAYS ON ROCKET

-36 Days

$1,500,000

+$1.0M More

$629/SqFt

+$263 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $263/SqFt more than other homes in Fort Lauderdale, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11557761

Listing Office:

  • Office Name: The Investment Property Gurus, LLC
  • Office Phone: (954) 348-2954
  • Listing Agent: Khalid Bryan

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 2:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$7,437$382,590
2019$6,427$373,990
2018$6,393$367,020
2017$6,393$359,480

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-990824
5
/10

  • Bennett Elementary School

  • 1755 NE 14th St

  • 0.24 miles

  • Public District Grades PK-5

Middle School

school-card-donut-990825
4
/10

  • Sunrise Middle School

  • 1750 NE 14th St

  • 0.24 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-990826
6
/10

  • Fort Lauderdale High School

  • 1600 NE 4th Ave

  • 0.87 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,633. The majority of Fort Lauderdale, FL residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1332 NE 16th Ter

What is the listing price of this property?

The listing price of 1332 NE 16th Ter property is $1,500,000.

What type of property is this?

The property 1332 NE 16th Ter is a house located in Fort Lauderdale, Florida, 33304.

Is this property for sale now?

Active Listing: 1332 NE 16th Ter is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1332 NE 16th Ter are:
Bennett Elementary School: GreatSchools Rating 5/10
Sunrise Middle School: GreatSchools Rating 4/10
Fort Lauderdale High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,437 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1332 NE 16th Ter has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1332 NE 16th Ter is 2,385 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1332 NE 16th Ter is 1959.

Rocket Homes›Florida›Broward County›Fort Lauderdale›33304›1332 NE 16th Ter

This home is located at 1332 NE 16th Ter in Fort Lauderdale, FL and zip code 33304 in the Poinsettia Heights neighborhood. This 2,385 square foot home was built in 1959. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $1,500,000.

While more than 15 listings in Fort Lauderdale, FL in March 2024 were sold above asking price, there were more than 18 listings sold at asking price, and more than 104 were sold below. The inventory of homes for sale in Fort Lauderdale, FL between February 2024 and March 2024 increased by 10%. The median list price of listings available in March 2024 was $475,006, while the average time on the real estate market was 66 days.

From Rocket Homes Real Estate and based on county public records data.

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