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$2,950,000   Price Analysis
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1037-1039 NE 16th Ave
Fort Lauderdale, FL 33304
8 bed 8 bath 5,276 SqFt ($559/SqFt)
6,753SqFt lot. Built 1951
Listed 2024-04-01, Taxes $6,057
Ⓧ USDA Ineligible
due to price & location

near Fort Lauderdale

Expected to be completed by Early 2025 This is a fantastic opportunity to purchase two new construction townhomes in the heart of Fort Lauderdale.

Walking distance to Holiday Park and close to Downtown. Fee simple and No HOA! Each townhome has 4 bedrooms and 4 full bathrooms which is adorned with an open-concept living space featuring volume ceilings, a gourmet chefs kitchen with top-of-the-line appliances, large primary suite with a private balcony and a spa-inspired en-suite bathroom, quartz countertops, 24x36 porcelain tile floors throughout and a private pool with a outdoor summer kitchen.

These townhomes are ideal for an end user or to rent both sides out for tremendous income opportunities. Airbnb, VRBO llowed.


Presented by Mark Howard at
Cypress Realty & Investments LLC.
Listing Agent Photo

Property MLS #F10432008 from BeachesMLSMatrix

Bedrooms: 8

Total Bathrooms: 8
Full Bathrooms: 8

Cooling Features: Ceiling Fans, Central Cooling
Heating Features: Central Heat

Window Features: High Impact Windows, Impact Glass

Balconies
Built-In Grill
Exterior Lights
Fence

Pool Features: Pool YN: Y, Pool Description: Below Ground Pool

Lot Description: Less Than 1/4 Acre Lot
Lot Size Acres: 0.1550275
Lot Size Dimensions: 6753
Lot Size Square Feet: 6753

Association: No
Calculated Total Monthly Association Fees: 0

Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 4
Full Bathrooms in Unit-1: 4
Full Bathrooms in Unit-2: 4
Unit-1 Furnished Description: Unfurnished
Unit-2 Furnished Description: Unfurnished

Annual Tax Amount: 7004
Source Listing Status: Active
County: Broward County
Directions: Take Sunrise East to NE 15th Avenue.
Tax Year: 2023
Source Property Type: Residential Income
Area: 3380
Source Neighborhood: Progresso 2-18 D
Parcel Number: 494234045830
Subdivision: Progresso 2-18 D
Zoning: RMM-25
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$236,410
$6,057
2021$unknown + $unknown
$214,920
$5,760
2020$unknown + $unknown
$195,390
$4,951
2019$unknown + $unknown
$177,630
$4,073
2018$unknown + $unknown
$161,490
$3,497
2017$98,140 + $54,020
$152,160
$3,243
2016$78,220 + $54,020
$132,240
$3,031
2015$60,400 + $54,020
$114,420
$2,693
2014$51,280 + $54,020
$105,300
$2,553
2013$unknown + $unknown
$99,330
$2,458
2012$unknown + $unknown
$88,210
$2,047
2011$unknown + $unknown
$86,550
$2,008
2010$unknown + $unknown
$89,070
$2,098
2008$unknown + $unknown
$160,250
$8,222
2007$unknown + $unknown
$206,090
$4,273

Listed 2024-04-01
$2,950,000
BeachesMLSMatrix
Listing removed 2020-12-07
$0
BeachesMLSMatrix
Price Changed 2020-12-01
$809,900
BeachesMLSMatrix
Listed 2020-11-23
$849,900
BeachesMLSMatrix
Sold 2015-11-23
$184,000
Public Record
Listing removed 2015-07-20
$199,000
SouthBroward
Listed 2015-04-27
$199,000
SouthBroward
Listing removed 2015-03-17
$1,000
BeachesMLSMatrix
Listed for rent 2015-02-16
$1,000
BeachesMLSMatrix
Listing removed 2012-08-26
$775
BeachesMLSMatrix
Price Changed for rent 2012-07-29
$775
BeachesMLSMatrix
Listed for rent 2012-07-23
$795
BeachesMLSMatrix
Sold 2012-07-09
$60,000
Public Record
Listing removed 2012-02-28
$60,000
BeachesMLSMatrix
Price Changed 2012-01-28
$60,000
BeachesMLSMatrix
Listed 2011-06-28
$49,900
BeachesMLSMatrix
Sold 2004-07-16
$90,400
Public Record
Sold 2004-05-06
$78,000
Public Record
Sold 1996-06-15
$57,200
Public Record
Sold 1989-11-18
$89,000
Public Record

Total Square Feet Living: 5276
Year Built: 1951
Construction Materials: Concrete Block Construction, Cbs Construction
Property Age: 73
Roof: Other Roof
Building Total Stories: 2.0
Structure Type: Duplex
Year Built Details: Pre Construction

Sewer: Municipal Sewer
Cable Satellite: Yes
Water Source: Municipal Water

Sunrise Middle School is a public middle school located approximately 0.4 miles away.
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Bennett Elementary School is a public elementary school located approximately 0.5 miles away.
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Fort Lauderdale High School is a public high school located approximately 1 miles away.
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Delmar Arts Academy is a private elementary school located approximately 0.7 miles away.
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Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.