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Map
$995,000
↓ $202K (16.9%)
●
Multifamily -
For Sale
1225 NE 16 Ter
Fort Lauderdale, FL 33304
Studio
0 Bath
2587 Sqft
$6,352
Estimated Monthly
$0
HOA / Fees
0.04%
Cap Rate
About This Property
Introducing Villa Ilaria, an exclusive retreat nestled in East Fort
Lauderdale. Set up as a duplex with 3 bedrooms and 3 bathrooms
facing the pool in front and 2 bedroom 2 bathrooms facing the
covered patio in the rear. That's FIVE full bedrooms and bathrooms!
This is an ideal property for savvy investors, with No HOA & close
proximity to beaches, downtown, and the airport. A privacy wall
surrounds the brick-pavered deck, heated pool, and large
entertaining backyard. The property showcases marble & vinyl
floors, impact windows & doors, newer central A/C units, two
insta-hot water heaters and 2020 metal roof. Don't miss the
opportunity to see this unique property with incredible income
potential!
Unit Size
2,587Ft²
Days on Market
88 days
Land Size
-
Price per sqft
$385
Property Type
Multifamily
Property Taxes
$1,466
HOA Dues
-
Year Built
1948
Listed By
Last updated: 2 months ago (Beaches MLS #F10420654)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 22, 2024 | Price Decreased |
$995,000
↓ $202K
(16.9%)
|
|
| Price Decreased | |||
| Feb 2, 2024 | Listed by Coldwell Banker Realty | $1,197,000 | |
| Listed by Coldwell Banker Realty | |||
| Oct 4, 2013 | Sold to Raymond H Bauer | $237,000 | |
| Sold to Raymond H Bauer | |||
Property Highlights
Interior Details
Interior Information
Flooring Type: Marble Floors, Tile Floors
Exterior Details
Property Information
Listing Terms: Cash, Conventional
Building Information
Construction Type: Concrete Block Construction, Stucco Exterior Construction
Exterior Features: Fence, High Impact Doors, Open Porch
Lot Information
Lot Features: Less Than 1/4 Acre Lot
Financial Details
Total Taxes: $17,594
Tax Year: 2023
Compensation to Buyers Agent: 3%
Compensation to Transaction Broker: 3%
Possession Information: Funding
Utilities Details
Heating Type: Electric Heat
Cooling Type: Ceiling Fans, Central Cooling, Electric Cooling
Sewer Septic: Municipal Sewer
Location Details
Location: US 1 to NE 13th Street West to NE 16th Terrace. Go South on NE 16th Terrace and property will be on your right.
Subdivision Complex Building: Lake Ridge
Water Description: Municipal Water
Zoning Information: RC-15
1225 NE 16 Ter
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Multifamily
Stu
-
1,955 ft²
$396/ft²
$775,000
Nov 17, 2023
$775,000
Feb 29, 2024
$530/mo
Multifamily
Stu
-
2,047 ft²
$464/ft²
$950,000
Aug 30, 2023
$950,000
Nov 21, 2023
$823/mo
Multifamily
Stu
-
1,810 ft²
$453/ft²
$820,000
Oct 26, 2023
$820,000
Dec 14, 2023
$616/mo
Multifamily
Stu
-
-
$855,000
Nov 13, 2023
$855,000
Dec 20, 2023
$865/mo
Multifamily
Stu
-
-
$776,000
Nov 22, 2023
$776,000
Feb 9, 2024
$828/mo
House
4
Beds
4
Baths
2,400 ft²
$413/ft²
$990,000
Jan 6, 2024
$990,000
Apr 3, 2024
$352/mo
In Contract
Multifamily
Stu
-
1,456 ft²
$549/ft²
$799,999
Oct 24, 2023
-
$886/mo
In Contract
House
Stu
-
2,397 ft²
$438/ft²
$1,050,000
Jan 24, 2024
-
$1,340/mo
Active
House
5
Beds
5
Baths
2,587 ft²
$385/ft²
$995,000
Apr 15, 2024
-
$1,466/mo
Townhouse
3
Beds
4
Baths
2,600 ft²
$421/ft²
$1,095,000
Feb 26, 2024
-
$1,371/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
03/25/2021
|
|
5 Bed
|
5 Bath
|
2587 ft²
|
$825,000
5 Bed
5 Bath
2587 ft²
|
-
-
|
-
|
George Coloney
The Keyes Company
|
Building Info
1225 Northeast 16th Avenue
1225 Northeast 16th Avenue, Fort Lauderdale, FL 33304
- 2 Units for Sale
About Central Fort Lauderdale
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Listed by: Nicole C Ippolito
Coldwell Banker Realty
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# F10420654
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 2024 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. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Coldwell Banker Realty
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# F10420654
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
