1316 NE 16th Terrace, Fort Lauderdale, FL 33304 (MLS# FX-10307791)
$749,000
Fort Lauderdale, FL 33304
MLS# FX-10307791
Status: Closed
3 beds | 3 baths | 1958 sqft

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Property Description
Amazing Multi Family Opportunity on a true DOUBLE LOT. Only 3 Streets with RC15 Zoning in Poinsettia-4 Total Units Possible. Currently a Two Unit - 2/2 on south side with a beautiful remodel including impact windows and doors, newer roof, Newer AC. The 1/1 is separated by a carport. This home is perfect for redevelopment or use it as your multifamily compound. Both units metered separately. Poinsettia Heights is the ideal suburb of Downtown Fort Lauderdale Walking distance to Federal Hwy Shops and restaurants like Nordstrom Rack, Trader Joes, Whole Foods, Gyms and more. Less than 2 Miles to the Ocean and Fort Lauderdale Beach, Less than 1.5 Miles to Galleria Mall. 1.5 Miles to Largest Park in Fort Lauderdale, Holiday Park. 2 Miles to Las Olas Blvd Shopping and Night Life.
Details
Maps
Contract Information
Listing Date: 2021-11-10
Status: Closed
Original List Price: 749000
List Price: $749,000
Current Price: $770,000
List Price/SqFt: 382.53
General Property Description
Type: Single Family Detached
Total Bedrooms: 3
Baths - Full: 3
Baths - Total: 3
Property Condition: Resale
Year Built: 1951
SqFt - Living: 1958
Guest House: No
Homeowners Assoc: None
Membership Fee Required: No
Subdivision: Poinsettia Heights
Development Name: Poinsettia Heights
Legal Desc: PROGRESSO 2-18 D LOT 16,17 BLK 91
Lot SqFt: 13508
Waterfront: No
Front Exp: West
Private Pool: No
Total Floors/Stories: 1
Location Tax Legal
Area: 3380
County: Broward
Parcel ID: 494234028380
Street #: 1316
Street Dir: NE
Street Name: 16th
Street Suffix: Terrace
Zip Code: 33304
Geo Lat: 26.143241
Geo Lon: -80.126701
Status Change Info
Under Contract Date: 2021-11-21
Sold Date: 2022-01-13
Sold Price: 770000
Terms of Sale: Conventional
Sold Price/SqFt: 393.26
Property Features
Design: < 4 Floors
Construction: Block; Concrete
View: Garden
Lot Description: 1/4 to 1/2 Acre
Interior Features: Kitchen Island
Rooms: Family; Laundry-Util/Closet
Parking: Carport - Attached; Driveway
Flooring: Tile; Wood Floor
Heating: Electric
Cooling: Ceiling Fan; Central
Dining Area: Dining-Living
Roof: Comp Shingle
Terms Considered: Cash; Conventional
Utilities: Public Water
Window Treatments: Blinds; Impact Glass
Possession: Funding