PROGRESSO

1316 NE 16th Ter # A, Fort Lauderdale FL 33304

3 beds · 3.5 baths

For Sale · Active Listing

$8,750

Est. Payment $47/mo

MLS Sheet Video

3

Bedrooms

3.5

Bathrooms

1

Garage

0

Days on Market

Description

1316 NE 16th Terrace – Luxury Rental Living at Its Finest If you're going to rent, you might as well live like royalty. Brand-new luxury residence available for rent in one of Fort Lauderdale's most desirable locations. This stunning home offers 3 bedrooms, 3.5 bathrooms, approximately 2,600 SQFT of living space, and a private pool. Designed with exceptional attention to detail, the home features a top-of-the-line chef's kitchen, large-format porcelain tile flooring, custom LED-lit closets, premium finishes throughout, and spacious open-concept living areas perfect for entertaining. Never lived in before and ready for immediate occupancy. Rental opportunities of this caliber rarely become available. Purchase options and seller financing may also be available for qualified buyers. Contact us today before it's gone.

Facts

MLS#
A12042890
Subdivision
PROGRESSO
Property Type
Residential Lease
Property Sub Type
Townhouse
Year Built
Lot Size
3,377 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
1 spaces
Pool
Private
Days on Market
Listed
Jun 24, 2026
Last Updated
Jun 25, 2026
Price/Lot Sq.Ft.
$3/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

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

56

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).

6/24/2026Listed for sale$8,750

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

Location

1316 NE 16th Ter # A, Fort Lauderdale FL 33304Directions

GreatSchools Summary Ratings

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

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$29,167

gross income / month to qualify

Monthly rent$8,750
Required annual income$350,000
Security deposit (est.)$8,750
Move-in cost (1st + last + security)$26,250

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated within 24 hours

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