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Multifamily in Fort Lauderdale, FL 33304Lake Ridge, 1232 NE 16th Ter
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Beds
2,177
SqFt$620
$/SqFtMid-Tier Multifamily
Built in 1952
Premium resort-style 7 Bed 5 Bath Duplex. Two independent, all-new, energy-efficient houses. Annual G Rev $158K (see T12). Insurance $3K/yr. Investor dream. Perfectly located just 4 minutes from Central Beach, shopping malls, Las Olas. 2 blocks to Victoria Park. Architectural design, bright, spacious layouts. Quiet street. Both homes are popular, licensed 5-star Airbnbs.
* House 1: 4 bed, 3 bath, 4 parking spaces, 2 decks, outdoor kitchen.
* House 2: 3 bed, 2 bath, 2 parking spaces, patio, garden.
Impact windows and doors. Hardwood floors. Quartzite countertops. Rainfall showers. Marble driveways, unique outdoor lighting design, flower trees, pergola, sculptures, magical feel day & night. Furniture negotiable.
Survey ready to split the 2 houses into 2 folios.
Do not disturb guests.
MLS Number: A12040060
On Site: 113 Days
Updated: 2 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Central
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Hardwood,Wood
- Year Built: 1952
- Year Built Description: Resale
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2026-06-19T11:34:50.000-00:00
Taxes, Fees & More
- Taxes: 12179
Apples-to-Apples Comparables
Price History
Current
$1.4M
High
$1.5M
Low
$1.3M
Total Change
-9%Date
Event
Price
Change
Price Per
08/07/2026
Price Increased
$1.4M
8%$620 ft2
$6,675 m2
07/11/2026
Price Reduced
$1.3M
-15.71%$574 ft2
$6,181 m2
06/19/2026
Price Reduced
$1.5M
0%$681 ft2
$7,333 m2
06/19/2026
Listed
$1.5M
$681 ft2
$7,333 m2
08/07/2026
$1.4M
Event
Price Increased
Change
8%Price Per
$620 ft2
$6,675 m2
07/11/2026
$1.3M
Event
Price Reduced
Change
-15.71%Price Per
$574 ft2
$6,181 m2
06/19/2026
$1.5M
Event
Price Reduced
Change
0%Price Per
$681 ft2
$7,333 m2
06/19/2026
$1.5M
Event
Listed
Price Per
$681 ft2
$7,333 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Steven Koleno • Beycome of Florida LLC • Buyer Agency Compensation .
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Scores
81
100
38
100
57
100
77
100
0
100
29
100
1
100
Community Snapshot
1 – 4 BR
Bedrooms
$145K – $1.6M
Price Tier
540 - 10,650
SqFt Range
2004
Year Build
2
Total Floors
Subdivision Amenities
None
Pool
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- Victoria Park Place Townhouse3
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- Village East Mixed12
- Waterside On The Intracoastal Condo4
- Waterview Condo1
- Waverly Place Mixed10
- Westchester House Condo0
- Westfield House1
- Williamsburg Condo0
- Wilshire East Condo1
- Wingate Ridge House1
- Woehlke House0
- Woodland Park House7
- Yellowstone Park House2
High-End
High-End75
- L'Ambiance Beach Condo0
- 100 Hendricks Townhouse1
- 100 Las Olas Condo5
- 160 Marina Bay Condo3
- 321 At Water Edge Condo0
- 33 Intracoastal Condo1
- 353 Sunset Las Olas Condo1
- 45 Hendricks Condo1
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- Aquablu Condo4
- Aqualuna Las Olas Condo1
- Aquarius Condo1
- Aria At Las Olas Condo3
- Beach Way Heights Mixed8
- Bossert Isles House1
- Central Park House2
- Coral Ridge North House10
- Coral Ridge South Mixed0
- Golf Estates House7
- Goulds Point House0
- Greens Multifamily0
- Harbors Edge Condo1
- Hemingway Landings Condo1
- Himmarshee Park House1
- Holiday Isle Yacht Club Condo1
- Idlewyld House7
- Illini Condo2
- L'Hermitage Condo19
- La Casa Del Rio Vista Townhouse2
- La Cascade Condo3
- La Coquina Co-Op1
- Lafayette Arms Mixed1
- Lago Mar North Lodge Condo1
- Landings At Las Olas Condo1
- Las Olas Beach Club Condo15
- Las Olas By The Sea House11
- Las Olas River House Condo14
- Lauder Gate Isles House2
- Livermore Estates Townhouse3
- Macarthur Park House1
- Miller Gardens House0
- North Bal Harbour House2
- Ocean Lane Villas Co-Op1
- Ocean Manor Condo6
- Orleans Chateau & Villas Co-Op1
- Palermo Yacht Club Townhouse0
- Palm Beach Farms House1
- Palms On Venice Condo1
- Panama Club Condo1
- Paramount Condo8
- Portofino On The Intracoastal Condo2
- Portside Yacht Club Mixed4
- Rio Vista Isles House17
- Riva Residences Condo11
- River Ridge House0
- Riviera Isles House7
- Selene Oceanfront Residences Condo1
- Seven Corners Townhomes House3
- South New River Isles House7
- Sunrise Intracoastal Mixed6
- The Almeda House0
- The Atlantic Hotel Condo13
- The Enclave At Coral Ridge Country Club House3
- The Ocean Resort Residences Condo18
- The Oceanage Condo5
- The Palms Condo10
- The Palms Townhouses Condo0
- Tiffany House Mixed11
- Townhouses At Harbor Beach Mixed1
- Tropical Point House0
- Vela Vista Condo0
- Victoria Highlands Mixed4
- Villas Of Sunrise Bay Condo1
- W Residences Fort Lauderdale Condo19
- Zuna Townhomes Townhouse1
Ultra Luxury
Ultra Luxury32
- Adagio Fort Lauderdale Beach Condo1
- Aqua Vista House3
- Aquamar Las Olas Condo2
- Auberge Beach Residences & Spa Condo11
- Barcelona Isle House6
- Breakwater Surf Club House0
- Castilla House2
- Coral Isles House9
- Davis Multifamily1
- De Sota House0
- Del Lago Isle House6
- Four Seasons Hotel & Residences Condo16
- Gould Island House4
- Grimm Miller House1
- Island Bahia House7
- Kents Island House2
- Laguna Isle House0
- Lauderdale Beach House12
- Lauderdale Shores House0
- Lucille Island House4
- Navarro Isle House2
- Nurmi Isles Mixed8
- One24 Residences Condo1
- Pelican Isle House3
- River Highlands House1
- River Lanes House1
- Sea Island House1
- Stilwell Isles House6
- Sunrise Key House3
- Sunrise Point House1
- The Ritz-Carlton Condo8
- Venice House8
Lake Ridge Communities in Fort Lauderdale, FL
Mid-Tier
Mid-Tier 4
Premium
Premium 2
Entry-Level
Entry-Level 4
Inactive Segment
Inactive Segment 2
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