$1,355,000
1109 NE 16th Terrace
Fort Lauderdale, FL 33304
Explore the area: Fort Lauderdale homes for sale · Broward County real estate
Price Check
How this price compares
- List price
- $1,355,000
- Price per sq ft
- $595
- Original price
- Unchanged
- Days on market
- 124
This multi-family property in Progresso is listed at $1,355,000, or $595 per square foot. It has been on the market for 124 days.
Estimated monthly payment
$7,121 /mo
Principal and interest only, based on $271,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,355,000
- Days on Site
- 124 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 2,276 sqft
- Total Sq Ft
- 2,276 sqft
- Year Built
- 1952
- Property Type
- Multi-Family
- MLS #
- A12022835
- Property Tax
- $21,429 (2025)
- Subdivision
- PROGRESSO
- Development
- Lake Ridge
- County
- Broward
- Status
- Active
About This Property
Renovated Turnkey Furnished 4-Plex with a Pool and HURRICANE IMPACT WINDOWS. PERFECT for Short Term Rental. HIGH OCCUPANCY. Less than 2 miles from the Beach and Downtown. Washer and dryer in each unit! It's not just a property, it's a lifestyle. This gem of an investment doesn't just come with a prime location – it's fully decked out with attractive furnishings, making it a breeze for anyone eyeing it. Dive into a sparkling pool, park without a worry, and let your tenants/guests soak up the Florida sun while enjoying all the perks on-site. Security gate and cameras for peace of mind. Everything you need is within arm's reach. Shopping, bars, entertainment, Galleria Mall, Publix – you name it, it's there! Come see for yourself!
Virtual TourGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1952
- Property Condition
- Resale
- Number of Stories
- 1
- Living Sq Ft
- 2,276
- Total Sq Ft
- 2,276
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- RC-15
Interior Features
- Cooling
- Other
- Heating
- Other / Separate Meters
- Flooring
- Vinyl
Exterior Features
- Construction
- Block
- Roof
- Shingle
- Private Pool
- Yes
- Pool Features
- In Ground
Community & HOA
- Utilities
- Cable Available
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- MLS Area
- 3380
Schools
- Elementary School
- Bennett
- Middle School
- Sunrise
- High School
- Fort Lauderdale
Features & Amenities
About the Community
Progresso is a community in Fort Lauderdale, Broward County, Florida. Active listings are priced from $244,900 to $2,900,000. Homes were built between 1931 and 2027. Pure Equity lists homes in Progresso and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 128
- Under Contract
- 20
- Median List Price
- $799,918
- Median Sale Price (September)
- $640,000
- Median $/Sq Ft
- $470
- Avg Days on Market
- 100
Frequently Asked Questions
- How do I schedule a tour of 1109 NE 16th Terrace, Fort Lauderdale, FL 33304?
- Use the Tour button on this listing to request a showing of 1109 NE 16th Terrace, Fort Lauderdale, FL 33304. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1109 NE 16th Terrace, Fort Lauderdale, FL 33304 still available?
- 1109 NE 16th Terrace, Fort Lauderdale, FL 33304 is currently listed as Active, and has been on the market 124 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1109 NE 16th Terrace, Fort Lauderdale, FL 33304?
- With 20% down ($271,000) on the $1,355,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1109 NE 16th Terrace, Fort Lauderdale, FL 33304 is about $7,121/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1109 NE 16th Terrace, Fort Lauderdale, FL 33304?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1109 NE 16th Terrace, Fort Lauderdale, FL 33304. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 1109 NE 16th Terrace, Fort Lauderdale, FL 33304?
- 1109 NE 16th Terrace, Fort Lauderdale, FL 33304 is zoned for Bennett (elementary), Sunrise (middle), Fort Lauderdale (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1109 NE 16th Terrace, Fort Lauderdale, FL 33304?
- Often, yes. The right offer on 1109 NE 16th Terrace, Fort Lauderdale, FL 33304 depends on how it's priced against comparable multi-family sales in Fort Lauderdale, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of LoKation
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$1,355,000
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Listed by Rebecca Guy, LoKation
Map & Location
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Recent Sales
Recently sold homes in Progresso
These are the last 6 recorded closings in Progresso, with the price each home actually sold for rather than what it was listed at. They closed at a median of $468 per square foot. The most recent closed on October 2, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$480,000
Sold · October 2, 2026
1223 NE 3rd Avenue 1-3
0 bed · 0 bath · 1,372 sqft · $350/sqft
$20,000 under the asking price
Sold$640,000
Sold · September 30, 2026
1519-1521 NW 8th Avenue
0 bed · 0 bath · 2,504 sqft · $256/sqft
$50,000 under the asking price
Sold$610,000
Sold · September 30, 2026
1432 NE 2ND Avenue
3 bed · 2 bath · 1,272 sqft · $480/sqft
$19,000 under the asking price
Sold$520,000
Sold · September 28, 2026
1625 NW 2nd Avenue
3 bed · 2 bath · 1,111 sqft · $468/sqft
$29,800 under the asking price
Sold$690,000
Sold · September 25, 2026
1436 NE 17TH Terrace
5 bed · 4 bath · 1,668 sqft · $414/sqft
$60,000 under the asking price
Sold$1,170,000
Sold · September 25, 2026
1424 NE 16TH Avenue
4 bed · 3 bath · 1,780 sqft · $657/sqft
$25,000 under the asking price
See every recorded sale in Progresso or find out what your Progresso home is worth.
