NOT LISTED FOR SALE

505 NW 16th St Fort Lauderdale, FL 33311

South Middle River Neighborhood

Estimated Value: $400,285 - $473,000

2 Beds
1 Bath
892 Sq Ft
$489/Sq Ft Est. Value

About This Home

This home is located at 505 NW 16th St, Fort Lauderdale, FL 33311 and is currently estimated at $436,321, approximately $489 per square foot. 505 NW 16th St is a home located in Broward County with nearby schools including Thurgood Marshall Elementary School, Sunrise Middle School, and Dillard High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2025
Sold by
J21 Fort Lauderdale Llc
Bought by
Kmr Property Investments Llc
Current Estimated Value
$436,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,161,600
Outstanding Balance
$5,010,180
Interest Rate
6.93%
Mortgage Type
Balloon
Estimated Equity
-$4,589,897

Purchase Details

Closed on
Sep 11, 2024
Sold by
Housing Enterprises Of Fort Lauderdale F and Housing Authority Of The City Of Fort La
Bought by
J2i Fort Lauderdale Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,800,000
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 22, 2000
Sold by
Sec Of Hud
Bought by
Housing Authority Of Ft Lauderdale

Purchase Details

Closed on
Sep 19, 2000
Sold by
First Nationwide Mortgage Corp
Bought by
Sec Of Hud

Purchase Details

Closed on
Sep 1, 2000
Sold by
Clerk Of The Court
Bought by
First Nationwide Mortgage Corp

Purchase Details

Closed on
May 11, 1996
Sold by
Ft Laud Assembly Hall Of Jehovahs
Bought by
Rodriguez Viviana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,928
Interest Rate
7.67%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 29, 1995
Sold by
Chancey Thomas L and Chancey Teresa
Bought by
Ft Laud Assembly Hall Of Jehovah'S
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kmr Property Investments Llc $8,586,000 Nu World Title
J2i Fort Lauderdale Llc $8,000,000 Titlevest Agency
Housing Authority Of Ft Lauderdale $44,000 --
Sec Of Hud -- --
First Nationwide Mortgage Corp -- --
Rodriguez Viviana $65,000 --
Ft Laud Assembly Hall Of Jehovah'S $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kmr Property Investments Llc $5,161,600
Previous Owner J2i Fort Lauderdale Llc $4,800,000
Previous Owner Ft Laud Assembly Hall Of Jehovah'S $64,928
Source: Public Records

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 -- $443,830 $32,210 $411,620
2024 -- $443,830 $32,210 $411,620
2023 $0 $290,970 $0 $0
2022 $0 $264,520 $0 $0
2021 $0 $240,480 $0 $0
2020 $0 $372,990 $32,210 $340,780
2019 $0 $307,020 $32,210 $274,810
2018 $0 $286,360 $32,210 $254,150
2017 $0 $164,270 $0 $0
2016 -- $149,340 $0 $0
2015 -- $135,770 $0 $0
2014 -- $123,430 $0 $0
2013 -- $112,210 $11,710 $100,500
Source: Public Records

Map

Florida Broward County Fort Lauderdale 33311 South Middle River

505 NW 16th St, Fort Lauderdale, FL

This home is located at 505 NW 16th St, Fort Lauderdale, FL 33311 and is currently estimated at $436,321, approximately $489 per square foot. 505 NW 16th St is a home located in Broward County with nearby schools including Thurgood Marshall Elementary School, Sunrise Middle School, and Dillard 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.

Nearby Homes