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    1116 NE 16Th Ter, Unit 1 Fort Lauderdale, FL 33304

    For Lease
    $1,600 /Mo

    Charming 1-bedroom apartment near Las Olas Blvd.

    Lot size:
    0.15 Acres

    Property Features for 1116 NE 16Th Ter

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1951

    Source: EXP Realty LLC Agent Claudia Aparicio

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fort Lauderdale 1-Bedroom Apartment

    This charming unit in Fort Lauderdale features one bedroom and one bathroom. The property includes a bright, open living and dining area and a modern kitchen equipped with stainless steel appliances. The bedroom is spacious and includes a large closet. The bathroom has been updated, and the unit also features a washer and dryer. Additional features include a private entrance and assigned parking. The property is located minutes from Las Olas Boulevard, downtown, Wilton Manors, and the beach, with easy access to highways, shopping, dining, and entertainment.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1265884
    Latitude
    26.1397959

    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Apartment building - Charming 1-bedroom apartment near Las Olas Blvd.
    Where is this apartment building located?
    The property is located at 1116 NE 16Th Ter, Unit 1 Fort Lauderdale, FL.
    What are key features of this property?
    This property features: - Prime Location: Minutes from Las Olas Blvd, downtown, Wilton Manors, and the beach.; - Modern Kitchen: Features stainless steel appliances.; - In-Unit Laundry: Includes a washer and dryer.
    (754) 217-1688
    Request Owner's contact information
    1116 NE 16Th Ter, Unit 1 Fort Lauderdale, FL 33304
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1116 NE 16Th Ter, Unit 1 Fort Lauderdale, FL 33304
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