by RH Advisors

See Home Value
$1,650,000
House - Off Market

1616 NE 16th Ter

Fort Lauderdale, FL 33305
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2771 Sqft
$9,229
Estimated Monthly
$0
HOA / Fees
3.96%
Cap Rate

About This Property

Welcome to a modern oasis of luxury! This newly constructed residence offers a spacious 2800sqft living area with 4 bedrooms and 4 bathrooms. The massive open-concept kitchen, featuring a central island, is a culinary masterpiece, seamlessly blending style and function. The primary bedroom is a luxurious retreat, featuring an ensuite bath with both a tub and shower for the ultimate relaxation experience and a huge walk-in closet. Every room offers a captivating view of the private pool. Enjoy the touch of luxury with travertine floors surrounding the pool area, adding a sophisticated touch to your outdoor haven. Don't miss the opportunity to call this modern masterpiece yours. Schedule a showing today and step into a new chapter of luxurious living!
Unit Size
2,771Ft²
Days on Market
102 days
Land Size
0.18 acres
Price per sqft
$612
Property Type
House
Property Taxes
$906
HOA Dues
-
Year Built
1950
Last updated: 3 months ago (Miami MLS #A11471788)

Price History

Date / Event Date Event Price
Feb 20, 2024 Sold $1,650,000
Sold
Jan 15, 2024 In contract -
In contract
Jan 3, 2024 Relisted $1,695,000
Relisted
Dec 4, 2023 In contract -
In contract
Nov 10, 2023 Listed by LoKation $1,695,000
Listed by LoKation
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1956
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,693
  • Lot Size Frontage Feet: 637
  • Total Building Area: 1,967
  • Gross Building Area: 1,967
  • Building Area: 1,871
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,871
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PROGRESSO 2-18 D
  • Land Acres: 0.177
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PROGRESSO 2-18 D LOT 17 N 35,18 S 22 BLK 19

Ownership

  • Current Owner : COTOPERI REALTY LLC
  • Previous Owner : SCOTT A RABEN REVOCABLE TRUST
  • Owner Before Previous Owner: STANSBERY DANIEL K
  • Owner Before Previous Owner 2: STANSBERY GLORIA A
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 040701

Zoning

  • Zoning: RS-8

Geography

  • District: 0312
  • Parcel: 49-42-34-01-3600
  • Block: 19
  • Lot: 17
  • Meridian: SEC 34 TWN 49S RNG 42E
  • Municipality: FORT LAUDERDALE
  • Latitude: 26.1486
  • Longitude: -80.1279

    Address

  • Full Address: 1616 Ne 16th Ave
  • Address - House Number: 1616
  • Street Direction: NE
  • Address - Street Name: 16th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Fort Lauderdale
  • Carrier Code: C014
  • 4-Digit Zip Code: 3305
  • Zip Code: 33305

Valuation

    Tax

  • Total Area: 1,609
  • Tax Year: 2023
  • Tax Amount: $11,649
  • Tax Rate Code Area: 0312

    Appraisal Valuation

  • Standard Deviation: 0.1566
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 80
  • Final Value: 788,760
  • High Value: 912,298
  • Low Value: 665,222

    Market Valuation

  • Market Total Value: $586,020
  • Market Land Value: $42,310
  • Market Improvement Value: $543,710

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $586,020
  • Assessed Land Value: $42,310
  • Assessed Improvements Value: $543,710

    Sales

  • Current Sale Contract Date: Feb 03, 2022
  • Current Sale Recording Date: Feb 14, 2022
  • Current Sale Transaction ID: 11879551448
  • Current Sale Price: $690,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 117935661
  • Previous Sale Recording Date: Jun 24, 1993
  • Previous Sale Contract Date: Jun 12, 1993
  • Previous Sale Amount: $84,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: DANIEL K STANSBERY
  • Previous Mortgage Transaction Date: Jun 24, 1993
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $78,000
  • Previous Mortgage Term: 360



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
2,417 ft²
$600/ft²
$1,450,000 Oct 17, 2023
$1,450,000 Nov 27, 2023
$1,790/mo
House
3 Beds
3 Baths
2,762 ft²
$679/ft²
$1,875,000 Nov 3, 2022
$1,875,000 Aug 24, 2023
$1,223/mo
House
4 Beds
4 Baths
3,538 ft²
$418/ft²
$1,477,500 Jan 9, 2024
$1,477,500 Feb 20, 2024
$703/mo
House
5 Beds
5 Baths
2,735 ft²
$521/ft²
$1,425,000 May 10, 2023
$1,425,000 Feb 16, 2024
$1,604/mo
House
3 Beds
3 Baths
2,742 ft²
$684/ft²
$1,875,000 Oct 15, 2023
$1,875,000 Nov 21, 2023
$2,100/mo
House
3 Beds
3 Baths
2,340 ft²
$524/ft²
$1,225,000 Jun 13, 2023
$1,225,000 Sep 15, 2023
$1,522/mo
House
4 Beds
2 Baths
3,032 ft²
$587/ft²
$1,780,000 Dec 6, 2023
-
$586/mo
House
4 Beds
2 Baths
2,484 ft²
$682/ft²
$1,695,000 Jan 25, 2024
-
$699/mo
House
4 Beds
4 Baths
2,526 ft²
$732/ft²
$1,850,000 Oct 12, 2023
-
$118/mo
House
3 Beds
4 Baths
3,628 ft²
$467/ft²
$1,695,000 Sep 7, 2023
-
$1,528/mo
House
3 Beds
4 Baths
2,757 ft²
$644/ft²
$1,775,000 Nov 6, 2023
-
$1,919/mo
House
4 Beds
4 Baths
2,814 ft²
$551/ft²
$1,550,000 Jan 24, 2024
-
$714/mo

About Central Fort Lauderdale


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Frequently Asked Questions

When was property at 1616 Northeast 16th Avenue built and last sold?
The property at 1616 Northeast 16th Avenue was built in 1950 and last sold on Feb 3, 2022 for $690,000.
How much is this home worth?
The estimated value of the home located at 1616 Northeast 16th Avenue is $1,687,852.
What are some comparable homes to 1616 Northeast 16th Avenue?
Homes that are comparable to 1616 Northeast 16th Avenue include a house property at 2207 Northeast 15th Court, 1315 Northeast 17th Avenue, 2501 Northeast 19th Avenue.

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