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Duplex with Two Independent Homes
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

Additional Details

Currently Operating Yes

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

2 decks
outdoor kitchen
patio
garden
pergola

Building Details

Year built 1952
Floors in Building 1
Flooring type Wood, Hardwood
Building materials Block, Frame, Stucco
Roof type Shingle
Buildings 2
Listing Agency: Beycome of Florida LLC
Listed By: Steven Koleno · License #3469487
Added: Oct 24 Last Checked: Oct 24 at 8:06PM
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.

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Investment Insights

Based on property information with market context.

This 2,177-square-foot duplex comprises two independent homes with a combined 7 bedrooms and 5 bathrooms. The 4-bedroom, 3-bathroom residence includes 4 parking spaces, two decks, and an outdoor kitchen. The second home has 3 bedrooms, 2 bathrooms, 2 parking spaces, a patio, and a garden. Features include impact windows and doors, hardwood floors, quartzite countertops, rainfall showers, and central air conditioning. A survey is available to split the homes into two folios.

The property is in Fort Lauderdale, two blocks from Victoria Park and a four-minute drive from Central Beach, shopping malls, and Las Olas. Both homes are licensed for Airbnb use.

Key Highlights

  • Two independent homes totaling 2,177 square feet, with 7 bedrooms and 5 bathrooms
  • House 1 has 4 bedrooms, 3 bathrooms, 4 parking spaces, two decks, and an outdoor kitchen
  • House 2 has 3 bedrooms, 2 bathrooms, 2 parking spaces, a patio, and a garden

Property Analytics

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Open Analytics

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

Frequently Asked Questions

What type of property is this?
Duplex - Two licensed Airbnb residences provide separate outdoor areas, parking, and a combined seven-bedroom, five-bathroom layout.
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 homes totaling 2,177 square feet, with 7 bedrooms and 5 bathrooms; House 1 has 4 bedrooms, 3 bathrooms, 4 parking spaces, two decks, and an outdoor kitchen; House 2 has 3 bedrooms, 2 bathrooms, 2 parking spaces, a patio, and a garden
More about this property
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