648 NE 16th Terrace Fort Lauderdale, FL 33304
Victoria Park NeighborhoodEstimated payment $7,803/month
About This Home
Charming and versatile property in the heart of Victoria Park! This beautifully updated single-family home features a 2-bed, 2-bath main house plus a detached 1-bed, 1-bath guest cottage—each with private entrances, separate parking, and their own outdoor areas. Designer finishes, open living spaces, and modern kitchens & baths create a stylish yet comfortable retreat. Perfect for multigenerational living, owner-occupants looking to offset their living expense, or investors. Located just blocks from Holiday Park and minutes to Las Olas, downtown, and the beach.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,550
Year Built
- Built in 1939
Parking
- 4 Parking Spaces
Home Design
- Duplex
- Frame Construction
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,484 Sq Ft Home
- 1-Story Property
- Laminate Flooring
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- Greens Sub 19 18 B Subdivision
Listing and Financial Details
- Assessor Parcel Number 504202240271
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
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 | $10,551 | $536,670 | $125,500 | $411,170 |
| 2024 | $9,605 | $536,500 | $125,500 | $411,000 |
| 2023 | $9,605 | $434,520 | $0 | $0 |
| 2022 | $8,476 | $395,020 | $125,500 | $269,520 |
| 2021 | $2,008 | $133,320 | $0 | $0 |
| 2020 | $2,455 | $156,890 | $0 | $0 |
| 2019 | $1,885 | $152,200 | $0 | $0 |
| 2018 | $1,620 | $139,940 | $0 | $0 |
| 2017 | $1,584 | $118,100 | $0 | $0 |
| 2016 | $1,685 | $114,140 | $0 | $0 |
| 2015 | $1,625 | $111,690 | $0 | $0 |
| 2014 | $1,589 | $109,320 | $0 | $0 |
| 2013 | -- | $154,830 | $120,480 | $34,350 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2025 05/22/25 | For Sale | $1,250,000 | -- | $875 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Title Now | |
| Warranty Deed | $450,000 | Title Now Llc | |
| Quit Claim Deed | $7,142 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $674,100 | New Conventional | |
| Previous Owner | $460,000 | Commercial | |
| Previous Owner | $544,185 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $130,000 | Commercial | |
| Previous Owner | $78,000 | Credit Line Revolving |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10505863
APN: 50-42-02-24-0270
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