See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1621-1623 NE 16th Terrace NE, Fort Lauderdale, FL, 33305

4beds
3baths
2,342sqft
$839,000
$358price/sqft
$6,238/moest. monthly cost
$249,520/yrincome needed

About This Home

Prime Fort Lauderdale Investment Opportunity Located in desirable Fort Lauderdale, this beautifully updated property offers an exceptional opportunity for homeowners or investors alike. The property features: Unit 1621: 2 Bedrooms / 3 Bathrooms Unit 1623: 1 Bedroom / 1 Bathroom. Enjoy modern upgrades throughout, including. Stainless steel appliances, updated kitchen & bathrooms, thoughtfully designed tile flooring, Impact windows, Fresh interior paint, Washer & dryer, and Private fenced backyard. Perfectly situated near major highways, restaurants, shopping, and entertainment, including: Minutes to Wilton Manors, Near The Galleria at Fort Lauderdale Approx. 18 minutes to Fort Lauderdale-Hollywood International Airport, only 10 minutes to the beach, 11 minutes to I-95. 16 minutes to I-595

Getting Around

56
WalkingSomewhat Walkable
34
TransitSome Transit
58
BikeBikeable

Schools

5/10
Bennett Elementary SchoolGrades PK-50.4 mi
6/10
Sunrise Middle SchoolGrades 6-80.4 mi
6/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1956

Materials

  • Foundation: Slab
  • Roof: Shingle,Wood
  • Construction materials: Block

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Features

  • Flooring: Ceramic Tile

Heating & Cooling

  • Heating features: Other
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,342
  • Total interior livable area: 2,342 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 494234013510
  • Zoning: RS-8
  • Special condition: Standard,Listed As-Is

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Garden,Lighting
  • Fencing: Fenced
  • Has view: Yes
  • View description: Garden,Other
  • Waterfront features: Other

Lot

  • Lot size: 6,748 sqft
  • Features: Sprinklers Automatic

Parking

  • Total spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Heat Wave
Inland Flooding
Tsunami

FEMA Declared Disasters in Broward County and Florida

Flood
Hurricane
Severe Storm
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,242$50,904
Home Insurance *$1,090$13,080
Property Taxes $671$8,052
Electricity $235$2,828
Total$6,238$74,856
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$213,874/yr
40% on housing$187,140/yr
45% on housing$166,346/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.5%
4.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$358This listing

vs Other Active Listings

Avg $/sqft

ZIP 33305$713
Broward County$319

vs Homes Sold Last Month

Median $/sqft

ZIP 33305$583
Broward County$352

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-27Price change$839,000
2025-11-15Listed for sale$849,000
2025-11-10Listing removed$885,000
2025-05-20Listed for sale$885,000

For Sale by Agent

AgentRachamim Yosef
BrokerageCharles Rutenberg Realty FTL

Similar Homes