$925,000
1516 SW 15th Terrace
Fort Lauderdale, FL 33312
Explore the area: Fort Lauderdale homes for sale · Broward County real estate
Price Check
How this price compares
- Asking price
- $925,000
- Price per sq ft
- N/A
- Original price
- $1,050,000
- Days on market
- 311
This lot in Shady Banks On New River went under contract with an asking price of $925,000. The asking price has come down 11.9% from its original $1,050,000. It spent 311 days on the market before going under contract.
Estimated monthly payment
$4,861 /mo
Principal and interest only, based on $185,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $925,000
- Days on Site
- 311 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.43 Acres
- Property Type
- Land
- MLS #
- F10529682
- Property Tax
- $4,936 (2025)
- Subdivision
- Shady Banks On New River
- County
- Broward
- Status
- Under Contract
About This Property
PROPERTY IS SOLD!! CLOSED ON 9-3-26 MLS #F10545760 DO NOT CALL OWNER NEW OR PRIOR** THE PROPERTY IS SOLD DO NOT CALL*** Rare Opportunity, on an 18,592 sf lot in Shady Banks. A chance to build your dream home and have a spacious yard in East Ft Lauderdale Also, Zoned RS-8, possible for 1 OR 2 homes. This property has Mature Oak Trees and foliage. Located on a Beautiful Tree lined street 2 blocks from 5+acre Hortt Park with Tennis Volleyball Walking Paths Fitness Stations. Fantastic Neighborhood- Old Florida Feel-Serene, Tranquil and the location is ideal, minutes to the Airport, Downtown, Transportation, 4.5 miles to the beach.
Virtual TourGeneral Features
- Property Type
- Land
- Status
- Under Contract
- Direction Faces
- West
- Lot Size (Acres)
- 0.43
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- RS-8
Exterior Features
- Lot Features
- City Lot / Quarter To Half Acre Lot
Community & HOA
- Utilities
- Electricity Available / Natural Gas Available / Water Available
- Financing Terms
- Cash
- MLS Area
- 3480
About the Community
- Homes for Sale
- 0
Frequently Asked Questions
- How do I schedule a tour of 1516 SW 15th Terrace, Fort Lauderdale, FL 33312?
- Use the Tour button on this listing to request a showing of 1516 SW 15th Terrace, Fort Lauderdale, FL 33312. 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 1516 SW 15th Terrace, Fort Lauderdale, FL 33312 still available?
- 1516 SW 15th Terrace, Fort Lauderdale, FL 33312 is currently listed as Under Contract, and has been on the market 311 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 1516 SW 15th Terrace, Fort Lauderdale, FL 33312?
- With 20% down ($185,000) on the $925,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1516 SW 15th Terrace, Fort Lauderdale, FL 33312 is about $4,861/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 1516 SW 15th Terrace, Fort Lauderdale, FL 33312?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1516 SW 15th Terrace, Fort Lauderdale, FL 33312. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 1516 SW 15th Terrace, Fort Lauderdale, FL 33312?
- Often, yes. The right offer on 1516 SW 15th Terrace, Fort Lauderdale, FL 33312 depends on how it's priced against comparable land 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 Douglas Elliman
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.
$925,000
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Listed by Rosemary S Purswell, Douglas Elliman
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Recent Sales
Recently sold homes in Shady Banks On New River
These are the last 3 recorded closings in Shady Banks On New River, with the price each home actually sold for rather than what it was listed at. They closed at a median of $376 per square foot. The most recent closed on September 3, 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$900,000
Sold · September 3, 2026
1516 SW 15th Terrace
4 bed · 3 bath · 2,292 sqft · $393/sqft
$25,000 under the asking price
- Photo Coming SoonSold
$525,000
Sold · February 18, 2026
1436 SW 16th Terrace
3 bed · 2 bath · 1,470 sqft · $357/sqft
- Photo Coming SoonSold
$565,000
Sold · October 30, 2025
1462 SW 16th Terrace
4 bed · 3 bath · 1,504 sqft · $376/sqft
$50,000 under the asking price
See every recorded sale in Shady Banks On New River or find out what your Shady Banks On New River home is worth.
