Shady Banks On New River

1462 SW 16th Terrace, Fort Lauderdale FL 33312

4 beds · 3 baths · 1,504 ft²

Closed

$615,000

1.58%

Est. Payment $3,273/mo

MLS Sheet Video

4

Bedrooms

3

Bathrooms

1,504

Sq. Ft.

1957

Year Built

1

Stories

105

Days on Market

Description

Rare 4 bed 3 bath home in sought after Shady Banks. Great for entertaining w/ a 500sf covered patio &big backyard w/ room for a pool. Open, flexible floorplan with 2 primary bedrooms. One primary has a separate entrance & bathroom, making it perfect for an in-aw or roommate plus 2 addt'l bedrooms. Inside laundry/pantry area. Florida room w/ access to the patio. Freshly painted exterior. Walk to the park 1 street over. Minutes to downtown, the beach, Airport & Port Everglades. One way in/out surrounded by the river, this is THE hidden gem neighborhood to be in. 2 parks offer: Tennis Volleyball Fitness Equipment, Playground plus a 3+ acre Nature Preserve along the New River with picnic areas, boardwalks & a Natural Shoreline, drop a Paddleboard or Kayak in and explore the beautiful river.

Facts

MLS#
F10513600
Subdivision
Shady Banks On New River
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1957
Lot Size
7,475 ft²
Sq. Ft.
1,504 ft²
Sq. Mt.
140 m²
Price per sq. ft.
$409/ft²
Price per sq. mt.
$4,393/m²
Stories
1
Garage
Pool
Days on Market
105 days
Listed
Jul 6, 2025
Last Updated
Aug 12, 2026
Price/Lot Sq.Ft.
$82/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

51

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).

8/12/2026Sold$615,000
8/23/2025Price change$615,000-1.6%
7/6/2025Listed for sale$624,900

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

Location

1462 SW 16th Terrace, Fort Lauderdale FL 33312Directions

Estimated Monthly Payment

$3,936/mo

Principal & Interest

$3,273

Property Tax

$513

Insurance

$150

HOA

$0

20% ($123,000)
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 20 hours ago

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