$250,000
SOLD AUG 5, 2022

537 NW 16th Ave Fort Lauderdale, FL 33311

Dorsey Riverbend Neighborhood
-- Bed
-- Bath
1,425 Sq Ft
1954 Built

Recently Sold

$175 Per Sq Ft

28% Below List Price

330 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • 4-minute walk to Lincoln Park
  • Tile Flooring

About This Home

As of August 2022

MAJOR PRICE REDUCTION - Situated along the HOT Historic Sistrunk Boulevard. Both DUPLEX units are 2 Beds/1 Bath, each over 700 SqFt Liv Area. Lot is 5,400 SqFt. New ROOF installed in 2017. Both units owner occupied. Owners will vacate upon sale. Multitude of NEW Community Redevelopment Agency (CRA) contributing developments in this planned Entertainment District. NEW Construction of 3 Single Family Homes on contiguous parcels. NEW Restaurants within walking distance. Maximum Inspection Period of 3 Days. Prior Inspection Report available upon request. CASH ONLY. Quick close preferred.

Last Agent to Sell the Property

Gary Muzechuk

The Keyes Company License #3375003 Listed on: 08/09/2021

The Keyes Company

Last Buyer's Agent

Gary Muzechuk

The Keyes Company License #3375003 Listed on: 08/09/2021

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,391

Year Built

  • Built in 1954

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,425 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Cable TV Available

Community Details

  • Dorsey Park Second Add 23 Subdivision, Sistrunk Corridor Floorplan

Listing and Financial Details

  • Assessor Parcel Number 504204250210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,391

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Year Built: 1954
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1425.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Block
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 504204250210
  • Zoning Description: RS-8

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2391.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Aug 5, 2022
Sold by
Brown and Horace
Bought by
Mahaisa Llc
Seller's Agent
Gary Muzechuk
The Keyes Company
Buyer's Agent
Gary Muzechuk
The Keyes Company
List Price
$349,000
Sold Price
$250,000
Premium/Discount to List
-$99,000
-28.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.22%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $250,000 Title Now
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $37,803 Commercial
Previous Owner $9,000 Commercial
Previous Owner $18,480 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2025 06/22/25 For Sale $430,000 +72.0% $302 / Sq Ft
08/05/2022 08/05/22 Sold $250,000 -28.4% $175 / Sq Ft
07/05/2022 07/05/22 Pending -- -- --
08/09/2021 08/09/21 For Sale $349,000 -- $245 / Sq Ft
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 $6,145 $273,880 -- --
2024 $5,484 $273,880 $16,200 $210,160
2023 $5,484 $226,360 $16,200 $210,160
2022 $2,467 $79,130 $0 $0
2021 $2,390 $72,920 $0 $0
2020 $2,455 $125,920 $0 $0
2019 $1,821 $112,660 $0 $0
2018 $1,597 $109,180 $0 $0
2017 $1,499 $67,690 $0 $0
2016 $1,436 $63,530 $0 $0
2015 -- $60,090 $0 $0
2014 -- $56,920 $0 $0
2013 $8 $53,830 $21,600 $32,230
Source: Public Records

Agents Affiliated with this Home

  • Filippo Vespa

    Seller's Agent in 2025

    Filippo Vespa

    The Keyes Company

    (954) 540-2806

    59 Total Sales

    Section Image
  • Gary Muzechuk

    Seller's Agent in 2022

    Gary Muzechuk

    The Keyes Company

    (954) 467-0105

    3 in this area

    23 Total Sales

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10296279

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-04-25-0210

Florida Broward County Fort Lauderdale 33311 Dorsey Riverbend

537 NW 16th Ave, Fort Lauderdale, FL

This home is located at 537 NW 16th Ave, Fort Lauderdale, FL 33311 and is currently priced at $250,000, approximately $175 per square foot. This property was built in 1954. 537 NW 16th Ave is a home located in Broward County with nearby schools including North Fork Elementary School, Parkway Middle School, and Stranahan 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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