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Two-Home Duplex with Outdoor Kitchens

1232 NE 16th Ter, Fort Lauderdale, FL 33304

For Sale
New
$1,350,000

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

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
Buildings 2
Listing Agency: Beycome of Florida LLC
Listed By: Steven Koleno · License #3469487
Added: Nov 7 Last Checked: Nov 7 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.

Rey
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Investment Insights

Based on property information with market context.

This 2,177-square-foot duplex comprises two independent residences with a combined seven bedrooms and five bathrooms. One home has four bedrooms, three bathrooms, two decks, an outdoor kitchen, and four parking spaces; the other includes three bedrooms, two bathrooms, a patio, a garden, and two parking spaces. Interior features include hardwood floors, quartzite countertops, and impact-rated windows and doors. The property was built in 1952 and has central heating and air conditioning.

The Fort Lauderdale property is two blocks from Victoria Park and a four-minute drive from Central Beach and shopping malls. Las Olas is also nearby. Both residences are licensed for short-term rentals. A survey is available to support a division into two folios, and furniture is negotiable.

Key Highlights

  • Two separate residences totaling 2,177 square feet, 7 bedrooms, and 5 bathrooms
  • Four‑bedroom home includes 2 decks, an outdoor kitchen, and 4 parking spaces
  • Three‑bedroom home features a patio, garden, and 2 parking spaces

Property Analytics

Who owns this building? See the owner, sales and loan history
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

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 - Separate three- and four-bedroom residences offer distinct outdoor living areas and licensed short-term rental use.
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 separate residences totaling 2,177 square feet, 7 bedrooms, and 5 bathrooms; Four‑bedroom home includes 2 decks, an outdoor kitchen, and 4 parking spaces; Three‑bedroom home features a patio, garden, and 2 parking spaces
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