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$995,000   Price Analysis
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1225 NE 16th Ter
Fort Lauderdale, FL 33304
5 bed 5 bath 2,587 SqFt ($384/SqFt)
Built 1950
Listed 2024-02-02, Taxes $15,395
Ⓧ USDA Ineligible
due to price & location

near Fort Lauderdale

Introducing Villa Ilaria

An exclusive retreat nestled in East Fort Lauderdale. Set up as a duplex with 3 bedrooms and 3 bathrooms facing the pool in front and 2 bedroom 2 bathrooms facing the covered patio in the rear. That's FIVE full bedrooms and bathrooms! This is an ideal property for savvy investors, with No HOA and clos proximity to beaches, downtown and the airport.

A privacy wall surrounds the brick-pavered deck, heated pool and large entertaining backyard. The property showcases marble and vinyl floors, impact windows and doors, newer central A/C units, two insta-hot water heaters and 2020 metal roof. Don't miss the opportunity to see this unique property with incredible income potential!


Presented by Nicole C Ippolito, PA at
Coldwell Banker Realty.
Listing Agent Photo

Property MLS #F10420654 from BeachesMLSMatrix

Bedrooms: 5

Total Bathrooms: 5
Full Bathrooms: 5

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

Window Features: High Impact Windows

Fence
High Impact Doors
Open Porch

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

Lot Description: Less Than 1/4 Acre Lot

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 2
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Full Bathrooms in Unit-1: 3
Full Bathrooms in Unit-2: 2

Annual Tax Amount: 17594
Source Listing Status: Active
County: Broward County
Directions: US 1 to NE 13th Street West to NE 16th Terrace. Go South on NE 16th Terrace and property will be on your right.
Tax Year: 2023
Source Property Type: Residential Income
Area: 3380
List Development Name: Progresso
Source Neighborhood: Lake Ridge
Parcel Number: 494234028980
Subdivision: Lake Ridge
Zoning: RC-15
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$762,640 + $37,140
$799,780
$15,395
2021$unknown + $unknown
$440,590
$8,974
2020$363,400 + $37,140
$400,540
$7,959
2019$358,210 + $37,140
$395,350
$7,658
2018$337,870 + $37,140
$375,010
$7,064
2017$304,540 + $33,770
$338,310
$5,874
2016$258,230 + $20,260
$278,490
$5,330
2015$unknown + $unknown
$235,870
$4,911
2014$194,170 + $20,260
$214,430
$4,508
2013$unknown + $unknown
$198,420
$4,236
2012$unknown + $unknown
$199,720
$4,160
2011$unknown + $unknown
$148,210
$3,111
2010$unknown + $unknown
$151,930
$2,417
2008$unknown + $unknown
$209,090
$4,020
2007$unknown + $unknown
$306,000
$6,160

Listing removed 2024-05-28
$0
BeachesMLSMatrix
Listed for rent 2024-05-20
$6,500
Zumper
Listing removed 2024-05-19
$0
Zumper
Listed for rent 2024-04-22
$6,500
BeachesMLSMatrix
Listed 2024-04-16
$995,000
BeachesMLSMatrix
Listed for rent 2024-04-04
$6,500
Zumper
Price Changed 2024-03-21
$995,000
BeachesMLSMatrix
Listing removed 2024-02-03
$0
BeachesMLSMatrix
Listed 2024-02-02
$1,197,000
BeachesMLSMatrix
Listed 2024-01-17
$1,274,000
BeachesMLSMatrix
Listing removed 2022-02-03
$5,500
BeachesMLSMatrix
Price Changed for rent 2021-12-16
$5,500
BeachesMLSMatrix
Listed for rent 2021-12-15
$7,500
BeachesMLSMatrix
Sold 2021-05-10
$795,000
BeachesMLSMatrix
Listed 2021-03-26
$825,000
BeachesMLSMatrix
Sold 2011-12-09
$210,000
Public Record
Sold 2007-02-05
$340,000
Public Record
Sold 2007-01-29
$255,000
Public Record
Sold 2000-09-12
$135,000
Public Record
Sold 1995-12-27
$69,000
Public Record

Total Square Feet Living: 2587
Year Built: 1950
Construction Materials: Concrete Block Construction, Stucco Exterior Construction
Property Age: 74
Roof: Aluminum Roof
Building Total Stories: 1.0
Structure Type: Duplex
Year Built Details: Resale

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

Sunrise Middle School is a public middle school located approximately 0.2 miles away.
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Bennett Elementary School is a public elementary school located approximately 0.3 miles away.
directions icon Map directions

Fort Lauderdale High School is a public high school located approximately 0.9 miles away.
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Delmar Arts Academy is a private elementary school located approximately 0.6 miles away.
directions icon Map directions

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.