Progresso 2-18 D

1040 NE 16th Terrace, Fort Lauderdale FL 33304

3 beds · 2 baths · 2,092 ft²

Closed

$400,000

Est. Payment $2,129/mo

MLS Sheet

3

Bedrooms

2

Bathrooms

2,092

Sq. Ft.

1949

Year Built

1

Stories

3

Days on Market

Description

Opportunity awaits in this mostly original home! Sensational 10,128 SF lot (75’ x 135’). Perfect owner rehab, convert into 2 units for rental or BNB, or redevelop to maximize the lot. Beautiful exposed beam ceilings give this 3 bed 2 bath split plan home a beachy feel. Main bedroom with ensuite bath & walk-in closet is just off the expansive family room overlooking the large pool & yard. Features include natural gas stove, dryer & water heater, terrazzo floors, covered laundry, cedar closets, large jalousie windows, barrel tile roof, enclosed carport, sprinkler system, 2 driveways w/ample parking for boat, RV or multiple cars. Bring your designer & architect to discover the potential this incredible house & property has. Priced to be sold AS-IS, no repairs or warranties. ZONED RMM-25

Facts

MLS#
F10248627
Subdivision
Progresso 2-18 D
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1949
Lot Size
10,128 ft²
Sq. Ft.
2,092 ft²
Sq. Mt.
194 m²
Price per sq. ft.
$191/ft²
Price per sq. mt.
$2,062/m²
Stories
1
Garage
Pool
Private
Days on Market
3 days
Listed
Sep 17, 2020
Last Updated
Aug 10, 2026
Price/Lot Sq.Ft.
$39/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

August 2026

100/100
Buyers marketSellers market

79

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).

8/10/2026Sold$400,000
9/17/2020Listed for sale$400,000

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

Location

1040 NE 16th Terrace, Fort Lauderdale FL 33304Directions

Estimated Monthly Payment

$2,612/mo

Principal & Interest

$2,129

Property Tax

$333

Insurance

$150

HOA

$0

20% ($80,000)
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

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Updated 1 hour ago

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