PROGRESSO,Lake Ridge

1109 NE 16th Ter, Fort Lauderdale FL 33304

2,276 ft²

For Sale · Active Listing

$1,355,000

Est. Payment $7,212/mo

MLS Sheet Video

2,276

Sq. Ft.

1952

Year Built

Stories

Days on Market

Description

Renovated Turnkey Furnished 4-Plex with a Pool and HURRICANE IMPACT WINDOWS. PERFECT for Short Term Rental. HIGH OCCUPANCY. Less than 2 miles from the Beach and Downtown. Washer and dryer in each unit! It's not just a property, it's a lifestyle. This gem of an investment doesn't just come with a prime location – it's fully decked out with attractive furnishings, making it a breeze for anyone eyeing it. Dive into a sparkling pool, park without a worry, and let your tenants/guests soak up the Florida sun while enjoying all the perks on-site. Security gate and cameras for peace of mind. Everything you need is within arm's reach. Shopping, bars, entertainment, Galleria Mall, Publix – you name it, it's there! Come see for yourself!

Facts

MLS#: A12022835
Subdivision: PROGRESSO,Lake Ridge
Property Type: Residential Income
Property Sub Type: Quadruplex
Year Built: 1952
Lot Size: 0 sqft
Sq. Ft.: 2,276 ft²
Sq. Mt.: 211 m²
Price per sq. ft.: $595/ft²
Price per sq. mt.: $6,422/m²
Stories: 1
Garage: —
Pool: —
Days on Market: 25 days
Listed: May 22, 2026
Last Updated: Jun 16, 2026
Price/Lot Sq.Ft.: —

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Market insights for Fort Lauderdale

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/22/2026

Listed for sale

$1,355,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1109 NE 16th Ter, Fort Lauderdale FL 33304Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Melaleuca Elementary School
KG,1,2,3,4,5 · public · 0.8 mi
Pine Jog Elementary School
PK,KG,1,2,3,4,5 · public · 1.0 mi
West Palm Beach Jr Academy
PK,TK,KG,1,2,3,4,5,6,7,8 · private · 1.1 mi
Cholee Lake Elementary School
PK,KG,1,2,3,4,5 · public · 1.2 mi
Wynnebrook Elementary School
PK,KG,1,2,3,4,5 · public · 1.3 mi
Haverhill Baptist Day School
PK,KG,1,2,3,4,5,6,7,8 · private · 1.7 mi
Hope-Centennial Elementary School
PK,KG,1,2,3,4,5 · public · 1.9 mi
Haverhill Baptist Day School
PK,KG,1,2,3 · private · 1.9 mi
Oakstone Academy Palm Beach Corporation
KG,1,2,3,4,5,6,7,8,9,11,12,UG · private · 2.0 mi
Atlantic Christian Academy
PK,TK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 2.0 mi

Estimated Monthly Payment

$8,491/mo

Principal & Interest

$7,212

Property Tax

$1,129

Insurance

$150

HOA

Down Payment20% ($271,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

Hablo Español

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