Amenities
- Community Features: Non Gated
1025-1027 NE 16 TerraceFort Lauderdale, FL 33304
For Sale
$750,000
Smart Buyer Rebate $7,500
Listed by Debra Temkin
·License #3049393
·CENTURY 21 Tenace Realty
·(954) 801-4114
Last updated December 23, 2025
·Source: BeachesMLS #RX-11132122
Listing Facts
- TypeMulti-family
- NeighborhoodLake Ridge
- Days on Prevu108
- Taxes$15,157/year
- Size4,223 sqft
- Price per sqft$178
Amenities
- Private Outdoor Space
- Pets Allowed
Location
Mortgage Calculator
Listing History
12/08/2025
Price Decreased
$750,000
10/28/2025
Status changed to Active
$799,000
10/24/2025
Status changed to In Contract
$799,000
10/14/2025
Listed by CENTURY 21 Tenace Realty
$799,000
Property Details for 1025-1027 NE 16 Terrace
Association
Exterior
Construction
- Number Of Units Total: 4
- Property Condition: Resale
- Roof: Other
- Stories: 2
- Year Built: 1960
- Year Built Details: Resale
- Construction Materials: Frame
- Exterior Features: Deck, Patio
Features
- Patio And Porch Features: Deck, Patio
Measurements
- Building Area Total: 6,753
- Lot Features: Less Than Quarter Acre
- Lot Size Area: 6,753
- Lot Size Dimensions: 14
- Lot Size Square Feet: 6,753
- Lot Size Units: SquareFeet
Financial
Residential Income
- Operating Expense: $19,200.00
Taxes
- Parcel Number: 494234045650
- Tax Annual Amount: $15,157.00
- Tax Year: 2024
Interior
Features
- Flooring: Tile
Measurements
- Living Area: 4,223
Other
Location
- Subdivision Name: Progresso
Utilities
Equipment
- Cooling: Ceiling Fans, Wall Window Units
- Has Cooling: Yes
- Heating: Other
- Sewer: PublicSewer
- Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
- Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 1025-1027 NE 16 Terrace.
What are the annual taxes for 1025-1027 NE 16 Terrace?
Annual taxes for this multi-family home are estimated at $15,157.
How does 1025-1027 NE 16 Terrace compare to other multi-family homes in Lake Ridge?
This multi-family home is listed 46% below the average price for multi-family homes in Lake Ridge and has been on the market for 17 more days than the typical home in this area.
What building or home owners association is the multi-family home part of?
This multi-family home is in the Progresso building.
What is the square footage on this multi-family home?
According to the MLS, this listing is 4,223 sqft.
1025-1027 NE 16 Terrace is a -bedroom multi-family home for sale in Fort Lauderdale FL 33304. On Prevu for 108 days at $750,000. This includes a recent price decrease of $49,000. This home features 4,223 square feet of living space, located in Lake Ridge. The median listing price for multi-family homes in this area is $699,999. Additional amenities include private outdoor space and pets allowed. Browse more multi-family home listings in Fort Lauderdale.
Based on information from Beaches MLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Full MLS DisclaimersRebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
