1516 N Dixie Highway #1-2, Fort Lauderdale, FL, 33304
About This Home
Updated duplex in Middle River Terrace featuring a flexible multi-unit layout with strong income potential. Property includes a front 1BR/1BA unit, a spacious 3BR/3BA configuration, and a separate artist studio/workshop/storage unit. The 3/3 offers a unique layout with kitchenette setup and multiple access points, providing added versatility for a variety of rental strategies. Property is currently vacant and ready for immediate lease-up or repositioning—ideal for investors seeking multiple income streams in a rapidly growing Fort Lauderdale location. Recent updates include a complete permitted electrical upgrade (service line, panels, removal of cloth wiring, new outlets and switches), all new mini split systems (5) throughout, and updated kitchens and baths. Furniture negotiable.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1959
Materials
- Roof: Spanish Tile
- Construction materials: Block
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Multi Family,Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
Features
- Window features: Storm Window(s)
- Flooring: Terrazzo
Heating & Cooling
- Heating features: Other
- Cooling features: Ceiling Fan(s),Electric,Other,Wall/Window Unit(s)
Interior Area
- Total structure area: 1,944
- Total interior livable area: 1,944 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 494235041150
- Zoning: RM-15
- Special condition: Standard,Listed As-Is
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Outdoor Living Area,Other
- Fencing: Other
Lot
- Lot size: 6,433 sqft
- Features: < 1/4 Acre
Parking
- Total spaces: 5
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
- Inland Flooding
- Lightning
- Coastal Flooding
- Heat Wave
- 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 | $4,424 | $53,088 |
| Home Insurance * | $1,430 | $17,160 |
| Property Taxes | $700 | $8,400 |
| Electricity | $197 | $2,366 |
| Total | $6,751 | $81,012 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-10 | Price change | $875,000 |
| 2026-03-26 | Listed for sale | $925,000 |
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