$1,425,000
1322 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
- Asking price
- $1,425,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- N/A
This 3-bedroom townhouse in Progresso went under contract with an asking price of $1,425,000.
Estimated monthly payment
$7,489 /mo
Principal and interest only, based on $285,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,425,000
- Days on Site
- 0 Days
- Bedrooms
- 3
- Total Baths
- 4
- Full Baths
- 3
- Partial Baths
- 1
- Year Built
- 2026
- Property Type
- Townhouse
- MLS #
- A12094073
- Property Tax
- $9,000 (2025)
- Subdivision
- Progresso
- County
- Broward
- Status
- Under Contract
About This Property
Welcome to 1322 NE 16th Terrace, part of an exclusive collection of just 10 brand-new luxury residences. Only 2 residences remain available. approximately 2,600 SF under air. 3 oversized bedrooms 3.5 bathrooms, private resort-style pool, open-concept, sleek, modern & aesthetic. Step inside and immediately experience the difference. The home features soaring ceilings with custom architectural drop ceilings, oversized impact glass, large-format porcelain flooring, solid wood doors, designer lighting, and carefully curated finishes throughout. The location is equally exciting. This stretch of NE 16th Terrace is undergoing a complete transformation, with these 10 luxury residences plus three brand-new single-family homes directly across the street, creating one of the largest concentrations of new construction in the immediate area. Comparable new single-family construction across the street is currently being marketed above $2.6 million. Perfect as a primary residence, second home, or long-term investment, all while being minutes from Fort Lauderdale Beach, Las Olas, Downtown Fort Lauderdale, dining, shopping, and entertainment. 10 residences. Individual designs. 3 bedrooms. 3.5 bathrooms. Approximately 2,600 SF under air. Private pools. Modern luxury. Only 3 opportunities remain.
MLS media linkGeneral Features
- Property Type
- Townhouse
- Status
- Under Contract
- Year Built
- 2026
- Property Condition
- New Construction
- New Construction
- Yes
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 1
- Parking
- Garage / Garage Door Opener
- Structure Type
- Townhouse
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal
- Cooling
- Central Air / Ceiling Fans
- Heating
- Central
- Interior Features
- Other
Exterior Features
- Exterior Features
- Barbecue
- Architectural Style
- Other
- Private Pool
- Yes
- Pool Features
- Private / Association
- View
- Pool
Community & HOA
- Association Amenities
- Pool
- Security
- Other
- Pets Allowed
- Yes
- Financing Terms
- Other
- Restrictions
- No Restrictions
- MLS Area
- 3380
Schools
- Elementary School
- Bennett
- Middle School
- Sunrise
- High School
- Fort Lauderdale
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
- 124
- Under Contract
- 19
- Median List Price
- $782,381
- Median Sale Price (September)
- $640,000
- Median $/Sq Ft
- $468
- Avg Days on Market
- 103
Frequently Asked Questions
- How do I schedule a tour of 1322 NE 16th Terrace, Fort Lauderdale, FL 33304?
- Use the Tour button on this listing to request a showing of 1322 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 1322 NE 16th Terrace, Fort Lauderdale, FL 33304 still available?
- 1322 NE 16th Terrace, Fort Lauderdale, FL 33304 is currently listed as Under Contract. 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 1322 NE 16th Terrace, Fort Lauderdale, FL 33304?
- With 20% down ($285,000) on the $1,425,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1322 NE 16th Terrace, Fort Lauderdale, FL 33304 is about $7,489/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 1322 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 1322 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 1322 NE 16th Terrace, Fort Lauderdale, FL 33304?
- 1322 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 1322 NE 16th Terrace, Fort Lauderdale, FL 33304?
- Often, yes. The right offer on 1322 NE 16th Terrace, Fort Lauderdale, FL 33304 depends on how it's priced against comparable townhouse 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 REI By Zip LLC
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 September 27, 2026.
$1,425,000
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Listed by Amit Drore, REI By Zip LLC
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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 $463 per square foot. The most recent closed on October 15, 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$1,470,000
Sold · October 15, 2026
1133 NE 12th Avenue
3 bed · 3.5 bath · 2,717 sqft · $541/sqft
$80,000 under the asking price
Sold$695,000
Sold · October 9, 2026
1728 NE 17th Terrace
3 bed · 2 bath · 1,482 sqft · $469/sqft
$50,000 under the asking price
Sold$510,000
Sold · October 9, 2026
1142 NW 2nd Avenue
3 bed · 2 bath · 1,102 sqft · $463/sqft
Sold$453,000
Sold · October 8, 2026
1115 NW 7th Avenue
3 bed · 2 bath · 1,180 sqft · $384/sqft
$5,500 over the asking price
Sold$415,000
Sold · October 8, 2026
1605 NW 7th Terrace
2 bed · 1 bath · 965 sqft · $430/sqft
$24,000 under the asking price
Sold$900,000
Sold · October 8, 2026
1749 NE 9th Street
3 bed · 3.5 bath · 2,436 sqft · $369/sqft
$10,000 under the asking price
See every recorded sale in Progresso or find out what your Progresso home is worth.
