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Sold
34 Days on Market
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$999,999

Sold · November 17, 2025

1540 SW 16th Street

Fort Lauderdale, FL 33312

Shady Banks

Explore the area: Fort Lauderdale homes for sale · Broward County real estate

What this home sold for

Sold price
$999,999
Vs. list price
4.8% under
Days on market
34
Price per sq ft
$583

This 4-bedroom single-family home in Shady Banks sold for $999,999 on November 17, 2025. That was 4.8% below its final list price of $1,050,000. It spent 34 days on the market. At $583 per square foot, it closed 35.6% above the $430 median of the 6 other single-family home sales in the recent closings shown below.

4
Bedrooms
2
Bathrooms
1,715
Living Sq Ft
1958
Year Built

Listing Snapshot

Sold Price
$999,999
Sold On
November 17, 2025
Days on Site
34 Days
Bedrooms
4
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,715 sqft
Lot Size
0.22 Acres
Year Built
1958
Property Type
Single Family
MLS #
F10523561
Property Tax
$6,017 (2024)
Subdivision
Shady Banks
Development
Bossert Isles 46-42
County
Broward
Status
Sold

About This Property

Welcome to your private tropical oasis! A waterfront pool home featuring 4 bedrooms 2 baths on a spacious 9,548 sq ft corner lot. This home offers multiple living spaces including a separate living room, dining room, & den, with an open-concept kitchen that flows seamlessly into the main living & dining areas -perfect for entertaining. Enjoy vaulted exposed beam ceilings, a built-in bar & a one-of-a-kind tree house deck ideal for morning coffee or evening cocktails with serene water views. Park your boat at your dock & enjoy the waterways with no fixed bridges Expansive patio for outdoor gatherings, & a beautiful setting inside & out. Tucked in the east corner of the neighborhood surrounded by riverfront estates, Shady Banks is just minutes to downtown, Las Olas, the Airport & the Beach

Virtual Tour

General Features

Property Type
Single Family
Status
Sold
Year Built
1958
Property Condition
Resale
Number of Stories
1
Levels
One
Garage Spaces
0
Attached Garage
Yes
Parking
Attached / Circular Driveway / Garage
Direction Faces
North
Lot Size (Acres)
0.22
Living Sq Ft
1,715
Sewer
Public Sewer
Water Source
Public
Zoning
RS-8

Interior Features

Appliances
Dryer / Dishwasher / Disposal / Gas Range / Microwave / Oven / Refrigerator / Water Softener / Water Heater / Water Purifier / Washer
Cooling
Central Air
Heating
Central
Flooring
Carpet / Ceramic Tile / Wood
Fireplace
Yes
Spa
Yes
Interior Features
Breakfast Bar / Built In Features / Bedroom On Main Level / Dining Area / Separate Formal Dining Room / Vaulted Ceilings / Bar / Walk In Closets
Main Level Bedrooms
4
Main Level Baths
2
Total Rooms
2

Exterior Features

Construction
Block / Other
Roof
Barrel / Composition
Exterior Features
Balcony / Outdoor Living Area
Private Pool
Yes
Pool Features
In Ground
Patio & Porch
Patio / Porch / Balcony
Lot Features
Less Than Quarter Acre
Waterfront
Yes
Waterfront Features
Canal Front / No Fixed Bridges / Ocean Access
Frontage
Waterfront
Frontage Length
25.00 ft

Community & HOA

Association Amenities
Playground / Park
Financing Terms
Cash / Conventional
Restrictions
No Restrictions / Other Restrictions
MLS Area
3480

Shady Banks is a community in Fort Lauderdale, Broward County, Florida. Active listings are priced from $435,000 to $950,000. Homes were built between 1952 and 1962. Pure Equity lists homes in Shady Banks 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
2
Median List Price
$549,500
Median $/Sq Ft
$454
Avg Days on Market
79
View all 2 homes for sale in Shady Banks →
How do I schedule a tour of 1540 SW 16th Street, Fort Lauderdale, FL 33312?
Use the Tour button on this listing to request a showing of 1540 SW 16th Street, 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 1540 SW 16th Street, Fort Lauderdale, FL 33312 still available?
1540 SW 16th Street, Fort Lauderdale, FL 33312 is currently listed as Sold, and has been on the market 34 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 1540 SW 16th Street, Fort Lauderdale, FL 33312?
With 20% down ($210,000) on the $1,050,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1540 SW 16th Street, Fort Lauderdale, FL 33312 is about $5,518/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 1540 SW 16th Street, Fort Lauderdale, FL 33312?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1540 SW 16th Street, 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 1540 SW 16th Street, Fort Lauderdale, FL 33312?
Often, yes. The right offer on 1540 SW 16th Street, Fort Lauderdale, FL 33312 depends on how it's priced against comparable single 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 Sea Island Realty Inc.

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 July 1, 2026.

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Listed by Rosemary S Purswell, Sea Island Realty Inc.

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