PROGRESSO
1320 NE 16th Ter, Fort Lauderdale FL 33304
4 beds · 3.5 baths · 993 ft²
$1,425,000
Est. Payment $7,584/mo
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.
- —
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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
August 2026
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).
| 7/29/2026 | Listed 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
Estimated Monthly Payment
$8,922/mo
Principal & Interest
$7,584
Property Tax
$1,188
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
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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