Multifamily in Fort Lauderdale, FL 33304
Lake Ridge, 1232 NE 16th Ter

$1.5M9%
$1,350,000
2,177
SqFt
Status
Active
Size
2,177 SqFt (202 m2)
Price
$620/SqFt ($6,675/m2)
Type
Multifamily
Built
1952
MLS Number
A12040060
On Site
85 Days
Updated
16 Days ago
Page Views
0
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.

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

           Closest-Match Comparables
          See closest-match comps for this subdivision
          No obligation
          Verified
          Trends
          Insights
          Best of Luxury Realty
          Talk to a local advisor
          Licensed advisors answering your questions across Fort Lauderdale, FL
          01
          Licensed Brokerage
          02
          Local Advisors
          03
          Direct Answers
          Exclusive real estate service partner

          Price History

          Current
          $1.4M
          High
          $1.5M
          Low
          $1.3M
          Total Change
          -9%
          $1.5M$1.4M$1.2MJun 26Jun 26Jul 26Aug 26
          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 .

          Listing Location & Street View
          MapStreet View

          Peer Listings

          Active listings from matched communities
          Results 0 of 0
          No listings found
          Try adjusting your filters or changing your location to see available listings
          Turn on listing alerts and we'll notify you
          when matching listings appear

          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          81

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          38

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          57

          100
          Sound Score®
          Bearable noise
          77

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          29

          100
          Local Score
          Limited local amenities nearby
          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

          Fort Lauderdale
          Mid-Tier
          Mid-Tier Homes & Condos

          Lake Ridge Communities in Fort Lauderdale, FL