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$1,575,000   Price Analysis
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1108 NE 16th Ter
Fort Lauderdale, FL 33304
7 bed 5 bath 3,300 SqFt ($477/SqFt)
Built 1946
Listed 2024-05-14, Taxes $15,294
Ⓧ USDA Ineligible
due to price & location

near Fort Lauderdale

Renovated 4 Units operating as long-term rentals in Lake Ridge.

Hurricane impact windows, central AC, ample parking. Can operate as long term or short term tenancy. Private courtyard, mixed with marble and turf grass for guests.

Must see property. Showings depend on availability. Please do not d isturb gusts or walk the property without an appointment. Call listing agent for details


Presented by John Bray at
Fisher Bray Real Estate.


Property MLS #F10399789 from BeachesMLSMatrix

Bedrooms: 7

Total Bathrooms: 5
Full Bathrooms: 5

Cooling Features: Central Cooling, Electric Cooling
Heating Features: Central Heat, Electric Heat

Lot Description: Less Than 1/4 Acre Lot

Association: No
Calculated Total Monthly Association Fees: 0

Rent Includes: Sewer, Trash Removal, Water

Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 3
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 2
Full Bathrooms in Unit-3: 2
Unit 1 Total Actual Rent: 2208.00
Unit 2 Total Actual Rent: 2300.00
Unit 3 Total Actual Rent: 2900.00
Unit 4 Total Actual Rent: 1800.00

Annual Tax Amount: 15294
Source Listing Status: Active
County: Broward County
Tax Year: 2022
Source Property Type: Residential Income
Area: 3380
Source Neighborhood: Progresso 2-18 D
Parcel Number: 494234043860
Postal Code Plus 4: Post
Subdivision: Progresso 2-18 D
Zoning: RC-15
Property Subtype: Fourplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$640,150 + $81,010
$721,160
$15,294
2021$608,390 + $81,010
$689,400
$14,681
2020$587,890 + $81,010
$668,900
$14,236
2019$359,380 + $81,010
$440,390
$9,428
2018$unknown + $unknown
$358,130
$8,092
2017$310,370 + $81,010
$391,380
$7,466
2016$259,300 + $81,010
$340,310
$6,966
2015$unknown + $unknown
$268,880
$6,307
2014$unknown + $unknown
$244,440
$5,888
2013$unknown + $unknown
$222,220
$5,320
2012$unknown + $unknown
$202,020
$4,476
2011$unknown + $unknown
$186,600
$4,152
2010$unknown + $unknown
$174,850
$3,993
2008$unknown + $unknown
$310,610
$7,999
2007$unknown + $unknown
$414,440
$8,498

Listed 2024-05-14
$1,575,000
BeachesMLSMatrix
Listing removed 2022-12-29
$2,195
BeachesMLSMatrix
Price Changed for rent 2022-12-08
$2,195
BeachesMLSMatrix
Listed for rent 2022-12-05
$2,225
BeachesMLSMatrix
Sold 2020-11-06
$785,000
BeachesMLSMatrix
Listing removed 2020-05-23
$0
BeachesMLSMatrix
Price Changed 2020-04-24
$799,000
BeachesMLSMatrix
Listed for rent 2020-03-25
$2,200
BeachesMLSMatrix
Price Changed 2020-03-18
$849,000
BeachesMLSMatrix
Listed 2020-01-13
$899,000
BeachesMLSMatrix
Sold 2019-04-17
$710,000
BeachesMLSMatrix
Listed 2018-12-13
$725,000
BeachesMLSMatrix

Total Square Feet Living: 3300
Year Built: 1946
Construction Materials: Concrete Block Construction
Property Age: 78
Roof: Wood Shingle Roof
Building Total Stories: 1.0
Structure Type: Fourplex
Year Built Details: Resale

Sewer: Municipal Sewer
Cable Satellite: Yes

Sunrise Middle School is a public middle school located approximately 0.3 miles away.
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Bennett Elementary School is a public elementary school located approximately 0.4 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 0.6 miles away.
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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.