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Duplex with Private Outdoor Areas
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 Market1

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
marble driveway
outdoor lighting
flower trees
pergola
sculptures

Building Details

Year built 1952
Floors in Building 1
Flooring type Wood, Hardwood
Building materials Block, Frame, Stucco
Roof type Shingle
Listing Agency: Beycome of Florida LLC
Listed By: Steven Koleno · License #3469487
Added: Oct 8 Last Checked: Oct 8 at 10:06PM
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 in Fort Lauderdale comprises two independent houses with a combined 7 bedrooms and 5 bathrooms. One residence has 4 bedrooms and 3 bathrooms; the other has 3 bedrooms and 2 bathrooms. Built in 1952, the property features hardwood floors, impact-resistant windows and doors, central heating and air conditioning, and quartzite countertops. Outdoor amenities include two decks and an outdoor kitchen at one house, plus a patio and garden at the other. Each residence has its own parking spaces.

The property is 4 minutes from Central Beach and shopping malls, 2 blocks from Victoria Park, and near Las Olas. Both homes are licensed Airbnb rentals. A survey is available to support splitting the houses into two folios.

Key Highlights

  • Two independent houses with 7 bedrooms and 5 bathrooms combined
  • 2,177 square feet; built in 1952
  • House 1: 4 bedrooms, 3 bathrooms, 4 parking spaces, 2 decks, and an outdoor kitchen

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Two separate residences offer distinct layouts, dedicated parking, and a mix of decks, patio, garden, and outdoor kitchen.
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 7 bedrooms and 5 bathrooms combined; 2,177 square feet; built in 1952; House 1: 4 bedrooms, 3 bathrooms, 4 parking spaces, 2 decks, and an outdoor kitchen
More about this property
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