Progresso 2-18 D

1117 NE 16th Terrace, Fort Lauderdale FL 33304

3 beds · 2 baths · 1,456 ft²

Closed

$549,000

Est. Payment $2,922/mo

MLS Sheet Video

3

Bedrooms

2

Bathrooms

1,456

Sq. Ft.

1951

Year Built

1

Garage

1

Stories

81

Days on Market

Description

This recently updated home has great investment potential as a short term vacation rental. It is a turn key property that has been completely furnished, licensed and ready to start earning income. Located in the convenient Lake Ridge area of Fort Lauderdale that is centrally located and in close proximity to the beaches, shopping , dining and nightlife of both Fort Lauderdale and Wilton Manors. Walking Distance to Publix, Gateway Plaza Theater and Shops, Trader Joes, Whole Foods, & Nordstrom Rack. Impact windows and doors, upgraded kitchen, 1 car garage updated electrical panel and large backyard. No HOA. It has everything you need to start operating it as a vacation rental is included in the selling price.

Facts

MLS#
F10279598
Subdivision
Progresso 2-18 D
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1951
Lot Size
6,751 ft²
Sq. Ft.
1,456 ft²
Sq. Mt.
135 m²
Price per sq. ft.
$377/ft²
Price per sq. mt.
$4,067/m²
Stories
1
Garage
1 spaces
Pool
—
Days on Market
81 days
Listed
Apr 11, 2021
Last Updated
Aug 11, 2026
Price/Lot Sq.Ft.
$81/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

September 2026

100/100
Buyers marketSellers market

39

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).

8/11/2026Sold$549,000
4/11/2021Listed for sale$549,000

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

Location

1117 NE 16th Terrace, Fort Lauderdale FL 33304Directions

Estimated Monthly Payment

$3,530/mo

Principal & Interest

$2,922

Property Tax

$458

Insurance

$150

HOA

$0

20% ($109,800)
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

Similar listings nearby

More homes in Fort Lauderdale around $549,000.

Call NowWhatsApp