1462 SW 16th Terrace, Fort Lauderdale, FL 33312

$565,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 1,504 Status: Closed
Current Price: $565,000 List Date: 7/06/2025 Last Modified: 8/12/2026

Overview

Description

Rare 4 bed 3 bath home in sought after Shady Banks. Great for entertaining w/ a 500sf covered patio &big backyard w/ room for a pool. Open, flexible floorplan with 2 primary bedrooms. One primary has a separate entrance & bathroom, making it perfect for an in-aw or roommate plus 2 addt'l bedrooms. Inside laundry/pantry area. Florida room w/ access to the patio. Freshly painted exterior. Walk to the park 1 street over. Minutes to downtown, the beach, Airport & Port Everglades. One way in/out surrounded by the river, this is THE hidden gem neighborhood to be in. 2 parks offer: Tennis Volleyball Fitness Equipment, Playground plus a 3+ acre Nature Preserve along the New River with picnic areas, boardwalks & a Natural Shoreline, drop a Paddleboard or Kayak in and explore the beautiful river.

Listing Details MLS# F10513600

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
4
Bathrooms Total
3
Bathrooms Full
3
Living Area Main
1504
Year Built
1957
Gated Community YN
No
Lot Size Area
7475
Senior Community YN
No
Guest House YN
No
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Direction Faces
West
Pool Private YN
No
LP/Assessed Value
1.13

Property Features

Dining Area: Family/Dining Combination; Snack Bar/Counter Flooring: Carpet; Tile Parking Features: Driveway Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Washer Construction Materials: CBS; Other Cooling: Central Air Heating: Other Interior Features: Bedroom Layout - Split; Walk-In Closet(s) Levels: One Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Room for Pool Other Structures: Outbuilding Possession: Negotiable Restrictions: No Restrictions Roof: Composition; Shingle Sewer: Public Sewer Storm Protection Details: High Impact Door; High Impact Windows Tax Information: Homestead Exemption Water Source: Public Showing Requirements: Showing Service Outdoor Living Spaces: Porch Porch Details: Porch - Open Contingencies: Other Room Types: Florida Room; Laundry Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
624900

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
1462
Street Direction Prefix
SW
Street Name
16th
Street Suffix
Terrace
City Name
Fort Lauderdale
State Or Province
FL
Postal Code
33312
Postal Code +4
4119
Postal Zip
33312
Subdivision Name
Shady Banks On New River
Area
3480
Geographic Area
FTSW - Ft Lauderdale SW (3470-3500;3570-3590)
Parcel Number
504216170080
Zoning
RS-8

Financial Information

Membership Fee Required YN
No
Tax Annual Amount
2623
Tax Year
2024
Tax Assessed/SOH Value
542550
Tax Legal Description
SHADY BANKS ON NEW RIVER RESUB OF W1/2 BLK 3 & E1/2 BLK 4 34-29 B LOT H BLK 3
Assessor Market Value
542550

Status Change Information

Major Change Timestamp
2025-10-30T12:56:23Z
Major Change Type
Status Change
Price Change Timestamp
2025-08-23T00:38:51Z
Status Change Date
2025-11-04
Under Contract Date
2025-10-19
Close Date
2025-10-30
Close Price
565000
Buyer Financing
Cash

More Information

Co-Ownership

Property Management YN
No

Main Level Rooms

Main Level Bathrooms
3
Main Level Bedrooms
4

Concessions

Seller Concessions
Yes
Seller Concessions Amount
1650

Price Calculations

Current Price To SqFt
375.66
Original List Price To Close Price
0.9

Section Details

Parcel Number MLX
0080

Originating Details

Originating System Key
600859193
Originating System ID
M00000170

Room Information

Room Name
Florida Room
Laundry
IDX
Listing Office: Sea Island Realty Inc.
Source MLS Verified
Last Updated: August - 12 - 2026
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