1724 NE 16th Terrace, Fort Lauderdale, FL 33305

$625,000

Virtual Tour

https://www.propertypanorama.com/1724-Ne-16Th-Terrace-Fort-Lauderdale-FL-33305/unbranded

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,345 Status: Closed

Current Price: $625,000 List Date: 1/12/2025 Last Modified: 8/14/2026

Overview

Description

Excellent Investment/Development Property. Located in the very popular Poinsettia Heights neighborhood, this home consists of 3 buildings: 1. Single family home in front (2 bedroom/1 Bath/1,082sf under air) 2. Detached Cottage (1 Bedroom/1 Bath 600sf w/2 window a/c units) 3. Separate detached CBS garage (264sf) with roll-up door perfect for a workshop or cabana area. The main house is 2 bedroom, 1 bath with beautiful terrazzo floors throughout, and central Air. There is a covered porch off the Florida room overlooking the gardens. Most windows have been replaced with impact. It is easy to visualize how beautiful the gardens and lighted walkways could be. The cottage also has its own private porch in the back off the living room. Lush Landscaping - Five Parking Spaces (Carport + 4)

Listing Details MLS# F10479996

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 2345
Living Area Main: 1682
Year Built: 1950
Garage YN: Yes
Garage Spaces: Yes
Carport YN: Yes
Attached Carport YN: Yes
Carport Spaces: Yes
Covered Spaces: 2
Gated Community YN: No
Lot Size Area: 7713
Lot Size Dimensions: 57x135
Senior Community YN: No
Guest House YN: Yes
Stories Total: Yes
Stories: Yes
Direction Faces: West
Pool Private YN: No
Builder Model: Detached Cottage
Furnished: Unfurnished
LP/Assessed Value: 4.17

Property Features

Flooring: Terrazzo Guest House Features: 1 Bath; 1 Bedrooms; Kitchen; Living Room Parking Features: Covered; Driveway; Strip/Slab; Attached Carport; Carport; Detached Carport; Detached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Dryer; Electric Range; Refrigerator; Washer Construction Materials: CBS Cooling: Central Air; Wall/Window Unit(s) Heating: Window/Wall Interior Features: Storage Levels: One Listing Terms: Cash Other Structures: Outbuilding Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow; Negotiable Restrictions: No Restrictions Roof: Composition Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available View: Garden Water Source: Public Window Features: Jalousie Showing Requirements: Showing Service Outdoor Living Spaces: Patio Contingencies: Other Room Types: Florida Room; Maid/In-Law Quarters Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 640000
Occupant Type: Vacant

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 1724
Street Direction Prefix: NE
Street Name: 16th
Street Suffix: Terrace
City Name: Fort Lauderdale
State Or Province: FL
Postal Code: 33305
Postal Code +4: 3412
Postal Zip: 33305
Subdivision Name: Poinsettia Heights
Development Name: Poinsettia Heights
Area: 3380
Geographic Area: FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Elementary School: Bennett
Middle Or Junior School: Sunrise
High School: Fort Lauderdale
Parcel Number: 494234011470
Subdivision Number: Yes
Directions: Use Google Maps for up to date directions. From N Federal Hwy, go west on NE 18th St seven blocks to NE 16th Terrace. Turn left (south). Home is the 4th home on the left. Look for the 5 parking spaces in the front.

Financial Information

Membership Fee Required YN: No
Tax Annual Amount: 11656
Tax Year: 2024
Tax Assessed/SOH Value: 153580
Tax Legal Description: PROGRESSO 2-18 D LOT 19 LESS S 28,20 S 35 BLK 7
Assessor Market Value: 153580

Status Change Information

Major Change Timestamp: 2025-02-15T04:16:06Z
Major Change Type: Status Change
Status Change Date: 2025-02-19
Under Contract Date: 2025-02-02
Close Date: 2025-02-14
Close Price: 625000
Buyer Financing: Cash

More Information

Entry Information

Entry Level: Yes
Entry Location: First Floor Entry

Guest House Area Details

Living Area Guest House: 600

Parking Information

Open Parking Spaces: 4

Short Sale Details

Short Sale Addendum: No

Co-Ownership

Property Management YN: No

Main Level Rooms

Main Level Bathrooms: 2
Main Level Bedrooms: 3

Storm Protection

Impact Glass: Yes

Concessions

Seller Concessions: No

Price Calculations

Current Price To SqFt: 371.58
Original List Price To Close Price: 0.97

Section Details

Parcel Number MLX: 1470

Originating Details

Originating System Key: 592228455
Originating System ID: M00000170

Room Information

Room Name
Florida Room
Maid/In-Law Quarters

Listing Office: RE/MAX Experience

Last Updated: August - 14 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

1724 NE 16th Terrace, Fort Lauderdale, FL 33305 (MLS# F10479996)