NOT LISTED FOR SALE

1041 NE 16th Terrace Fort Lauderdale, FL 33304

Lake Ridge Neighborhood

Estimated Value: $375,497 - $857,000

3 Beds
2 Baths
1,959 Sq Ft
$374/Sq Ft Est. Value

Highlights

  • Garden View
  • Porch
  • Ceramic Tile Flooring
  • Fort Lauderdale High School Rated A
  • Open Patio
  • Awning

About This Home

As of May 2020

Beautiful, Light & Bright front unit in Lake Ridge neighborhood.... Prime location to shopping and the Beach. Very nice layout with split bedroom floor plan. Open Floor Plan with Huge Living / Dining Room,,, 2 front porch areas off of the Garden. Pet friendly Triplex. White Tile through out. Great closet Space. Coin Washer / Dryer on property. 2 Parking Spaces right in front of the unit. Charming courtyard style complex just North of Sunrise and West of Federal. This one will go fast, don't linger,,,

Last Agent to Rent the Property

Chris Toomey

Keller Williams Realty Profess License #0681892 Listed on: 05/08/2020

Keller Williams Realty Profess

Last Renter's Agent

Timothy Krause

Inactive Member License #3447282

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,059

Year Built

  • Built in 1957

Lot Details

  • 6,753 Sq Ft Lot
  • East Facing Home
  • Fenced

Interior Spaces

  • 1-Story Property
  • Awning
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Air

Listing and Financial Details

  • Property Available on 5/9/20
  • Rent includes gardener, sewer, trash collection, water
  • 12 Month Lease Term
  • Renewal Option
  • Assessor Parcel Number 494234045610

Community Details

Overview

  • Progresso 2 18 D Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,059

Year Built

Built in 1957

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2020-05-09

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Multi Family
  • Property Sub Type Additional: Multi Family
  • Year Built: 1957
  • Lease Renewal Option: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Convertible Bedroom, First Floor Entry, Living/Dining Room
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Tile
  • Window Features: Other

Exterior Features

  • Exterior Features: Awning(s), Fence, Lighting, Porch
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Open, Porch
  • Roof: Other

Garage/Parking

  • Garage Yn: No
  • Parking Features: Two Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Sewer, Trash Collection, Water
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Dogs OK, Yes

Lot Info

  • Parcel #: 494234045610
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 6753.0
  • Zoning Description: RMM-25
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2024
Sold by
Dowd Marie
Bought by
Dowd Marie and Gerbino Michele
Current Estimated Value
$731,874

Purchase Details

Closed on
Sep 2, 1994
Sold by
Digiacomo Pamela M and Digiacomo Mario
Bought by
Dowd Marie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
8.56%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dowd Marie -- None Listed On Document
Dowd Marie -- None Listed On Document
Dowd Marie G $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Down Marie G $120,215
Previous Owner Dowd Marie G $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 For Rent $1,650 0.0% --
05/08/2020 05/08/20 Rented $1,650 +26.9% --
07/15/2018 07/15/18 Rented $1,300 -3.7% --
06/15/2018 06/15/18 Under Contract -- -- --
05/29/2018 05/29/18 For Rent $1,350 -15.6% --
03/15/2018 03/15/18 Rented $1,600 -3.0% --
02/13/2018 02/13/18 Under Contract -- -- --
01/27/2018 01/27/18 For Rent $1,650 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,059 $402,680 -- --
2024 $8,186 $376,100 -- --
2023 $8,186 $347,980 $0 $0
2022 $7,094 $322,240 $0 $0
2021 $6,794 $298,670 $0 $0
2020 $6,190 $298,680 $0 $0
2019 $5,024 $264,400 $0 $0
2018 $4,412 $241,900 $0 $0
2017 $4,837 $201,310 $0 $0
2016 $4,520 $183,010 $0 $0
2015 $4,002 $166,380 $0 $0
2014 $3,750 $151,260 $0 $0
2013 -- $147,710 $54,020 $93,690
Source: Public Records

Agents Affiliated with this Home

  • Chris Toomey

    Landlord's Agent in 2020

    Chris Toomey

    Keller Williams Realty Profess

    (954) 701-0005

    1 in this area

    173 Total Sales

    Chris Toomey
    Section Image

  • T

    Tenant's Agent in 2020

    Timothy Krause

    Inactive Member

  • R

    Seller's Agent in 2018

    Randolph Prado

    The Keyes Company

    (954) 451-1000

    9 Total Sales

    Randolph Prado
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10228124

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-34-04-5610

Florida Broward County Fort Lauderdale 33304 Lake Ridge

1041 NE 16th Terrace, Fort Lauderdale, FL

This home is located at 1041 NE 16th Terrace, Fort Lauderdale, FL 33304 since 08 May 2020 and is currently priced at $731,874. This property was built in 1957. 1041 NE 16th Terrace is a home located in Broward County with nearby schools including Bennett Elementary School, Sunrise Middle School, and Fort Lauderdale High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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