




1621-1623 NE 16th Terrace NE, Fort Lauderdale, FL, 33305
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
Schools
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
- Heat Wave
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Broward County and Florida
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
| Monthly | Annual | |
|---|---|---|
| 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 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-27 | Price change | $839,000 |
| 2025-11-15 | Listed for sale | $849,000 |
| 2025-11-10 | Listing removed | $885,000 |
| 2025-05-20 | Listed for sale | $885,000 |
