PROGRESSO

1320 NE 16th Ter, Fort Lauderdale FL 33304

4 beds · 3.5 baths · 993 ft²

For Sale · Active Listing

$1,425,000

Est. Payment $7,584/mo

MLS Sheet Video

4

Bedrooms

3.5

Bathrooms

993

Sq. Ft.

2026

Year Built

1

Garage

2

Stories

1

Days on Market

Description

Welcome to Lake Ridge—one of Fort Lauderdale’s fastest-growing and most exciting neighborhoods, where new construction homes are selling faster than they can be developed. This remarkable collection has already proven its demand: four residences are under contract, four are rented, and only two remain available for purchase. Step inside and immediately experience the difference. Offering over 2,600 square feet under air, each residence features three oversized bedrooms, three-and-a-half luxurious bathrooms, an expansive open-concept layout, and a private resort-style pool. Every detail was carefully selected to deliver the look and feel of a multimillion-dollar custom home. Highlights include a spectacular glass-enclosed chef’s kitchen, panel-ready appliances, integrated sinks, wine coolers, smart toilets, solid wood doors, oversized designer tile, dramatic ceiling-mounted faucets, and beautifully curated finishes throughout. This is more than a townhome—it is a statement of modern luxury, thoughtful design, and exceptional craftsmanship. With 10 luxury townhomes and three single-family residences developed along this street, the neighborhood has been completely transformed into one of Fort Lauderdale’s most desirable new-construction destinations. The success speaks for itself. Only two opportunities remain—secure yours before the final residences are gone.

Facts

MLS#
A12061845
Subdivision
PROGRESSO
Property Type
Residential
Property Sub Type
Townhouse
Year Built
2026
Lot Size
0 sqft
Sq. Ft.
993 ft²
Sq. Mt.
92 m²
Price per sq. ft.
$1,435/ft²
Price per sq. mt.
$15,489/m²
Stories
2
Garage
1 spaces
Pool
Private
Days on Market
1 day
Listed
Jul 29, 2026
Last Updated
Jul 30, 2026
Price/Lot Sq.Ft.

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

August 2026

100/100
Buyers marketSellers market

111

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).

7/29/2026Listed for sale$1,425,000

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

Location

1320 NE 16th Ter, Fort Lauderdale FL 33304Directions

Estimated Monthly Payment

$8,922/mo

Principal & Interest

$7,584

Property Tax

$1,188

Insurance

$150

HOA

$0

20% ($285,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$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

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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1320 NE 16th Ter, Fort Lauderdale FL 33304 | $1,425,000 | Rangely Adames Miami Real Estate