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Duplex with Outdoor Living Areas

1232 NE 16th Ter, Fort Lauderdale, FL 33304

For Sale
New
$1,350,000

Two separately equipped residences offer distinct outdoor features, including decks, a kitchen, a patio, and a garden.

Property Size2,177 SF
Price / SF$620.12
Days on Market3

Property Features for 1232 NE 16th Ter

General Information

Standard status Active
Size 2,177 SF
Total Parking Spaces 6
Property subtype Residential Income
Zoning RC-15

Site & Location

Neighborhood Lrra

Units

Unit Mix 1 x 4BR/3BA, 1 x 3BR/2BA
Multifamily Units 2

Additional Details

Gross Income $158,000
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $12,179

Amenities

decks
outdoor kitchen
patio
garden
impact windows and doors
hardwood floors
quartzite countertops
rainfall showers
marble driveways
unique outdoor lighting design
flower trees
pergola
sculptures

Building Details

Building Size 2,177 SF
Year Built 1952
Buildings 2
Stories 1
Listing Agency: Beycome of Florida LLC
Listed By: Steven Koleno · License FL #3469487
Source: Futureoptionrealty
Added: Nov 7 Changed: Nov 8 Last Checked: Nov 8 at 5:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Beycome of Florida LLC

Rey
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Investment Insights

Based on property information with market context.

Built in 1952, this 2,177-square-foot duplex comprises two independent houses. The first has 4 bedrooms, 3 bathrooms, four parking spaces, two decks, and an outdoor kitchen; the second offers 3 bedrooms, 2 bathrooms, two parking spaces, a patio, and a garden. Both residences have impact windows and doors, hardwood floors, and quartzite countertops. The property is zoned RC-15, and a survey is prepared for separating the houses into two folios.

The residences operate as licensed Airbnb rentals and are described as five-star properties. The location is four minutes from Central Beach and shopping malls, with Victoria Park two blocks away and Las Olas also nearby.

Key Highlights

  • Two independent houses totaling 7 bedrooms and 5 bathrooms
  • 2,177 square feet; built in 1952
  • First house: 4 bedrooms, 3 bathrooms, four parking spaces, two decks, and an outdoor kitchen

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,444
Businesses Nearby

Demographics for 33304, FL

19,978
Population
12,367
Households
1.6
Avg Household Size
46
Median Age
51%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
6,445
Density / Sq Mi
$84,951
Median Household Income
$55,527
Median Earnings
$1,727
Median Rent
$556,400
Median Home Value
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Market

Average Price Trend$/SF for Duplexes in Fort Lauderdale, FL

$447 Jul
$412 Aug
$394 Sep
$396 Oct

Properties on Market for Duplexes in Fort Lauderdale

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separately equipped residences offer distinct outdoor features, including decks, a kitchen, a patio, and a garden.
Where is this duplex located?
The property is located at 1232 NE 16th Ter Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Two independent houses totaling 7 bedrooms and 5 bathrooms; 2,177 square feet; built in 1952; First house: 4 bedrooms, 3 bathrooms, four parking spaces, two decks, and an outdoor kitchen
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