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Duplex With Two Independent Houses
New
For Sale
$1,350,000

1232 NE 16th Ter, Fort Lauderdale, FL 33304

Residential Income, Fort Lauderdale, FL

Property Size2,177 SF
Price / SF$620.12
Days on Market4

Property Features for 1232 NE 16th Ter

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description RC-15
Parking 6
Subdivision PROGRESSO
Lot features < 1/4 Acre
Directions Drive northeast on North Federal Highway/US 1. Left to NE 13th St. Turn left. Property is on the left.
Standard status Active
APN 494234028890
Size 2,177 SF

Taxes and HOA fees

Tax Year 2025
Tax Description PROGRESSO 2-18 D LOT 21 BLK 100
Tax Annual Amount 12179
Legal Description PROGRESSO 2-18 D LOT 21 BLK 100

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air

Amenities

deck
outdoor kitchen
patio
garden
pergola

Building Details

Year built 1952
Floors in Building 1
Flooring type Hardwood, Wood
Building materials Block, Frame, Stucco
Roof type Shingle
Listing Agency: Beycome of Florida LLC
Listed By: Steven Koleno · License #3469487
Added: Aug 21 Last Checked: Aug 24 at 9:06PM
MLS# A12040060

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,177-square-foot duplex comprises two independent, newly built-out houses with a combined seven bedrooms and five bathrooms. The first residence provides four bedrooms, three bathrooms, four parking spaces, two decks, and an outdoor kitchen. The second includes three bedrooms, two bathrooms, two parking spaces, a patio, and a garden. Both homes feature impact windows and doors, hardwood flooring, quartzite countertops, rainfall showers, central heating, and central air conditioning. Furnishings are negotiable, and a survey is ready to support separation of the two houses into individual folios.

The property is located at 1232 NE 16th Ter in Fort Lauderdale, four minutes from Central Beach and two blocks from Victoria Park. Shopping malls and Las Olas are also nearby. Both residences are licensed Airbnbs, and the property has public sewer service, cable availability, shingle roofing, and block, frame, and stucco construction.

Key Highlights

  • Two independent houses with a combined 7 bedrooms and 5 bathrooms
  • 2,177 square feet with a survey ready to split the residences into 2 folios
  • House 1: 4 bedrooms, 3 bathrooms, 4 parking spaces, 2 decks, and outdoor kitchen

Property Analytics

Current Use

TESBLU Technologies Marketing & Advertising Blue Ocean Vacation ... Vacation Rental Blue Ocean Vacation ... Vacation Rental

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Daycare Center Butcher Electrical Service Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences offer updated interiors, outdoor living areas, and dedicated parking for short-term rental operation.
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 with a combined 7 bedrooms and 5 bathrooms; 2,177 square feet with a survey ready to split the residences into 2 folios; House 1: 4 bedrooms, 3 bathrooms, 4 parking spaces, 2 decks, and outdoor kitchen
More about this property
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