1332 NE 16th Ter, Fort Lauderdale FL 33304 | Broward County | A12044939
  • $1,425,000

Description

Introducing one of Fort Lauderdale’s most exciting new construction opportunities. This exclusive collection of only 10 luxury residences is perfectly positioned just minutes from Fort Lauderdale Beach, las olas.

Surrounded by brand-new luxury development, including three newly built single-family homes directly across the street valued at over $2.6 million each, this neighborhood is rapidly becoming one of Fort Lauderdale’s premier destinations.

Designed to impress, each residence showcases a level of craftsmanship and sophistication rarely found at this price point. Features include dramatic open-concept living spaces, soaring ceilings with custom architectural drop ceilings, oversized impact glass, large-format porcelain flooring, a designer chef’s kitchen, premium custom cabinetry, finishes inspired by homes valued at over $15 million, a private pool, spacious outdoor entertaining areas.

Whether you’re searching for a primary residence, vacation home, or an exceptional investment opportunity, these homes offer it all. Projected rental income of approximately $8,500–$9,000 per month.

Four residences sold before construction was completed—it speaks for itself. Limited opportunities remain. Schedule your private tour today and experience one of Fort Lauderdale’s premier new developments before it’s sold out.

Features, specifications, dimensions, pricing, and finishes are subject to change without notice. Buyer to verify all information.

Property Overview

This is a 3-bedroom, 3.5-bath home of about 2385 square feet at 1332 NE 16th Ter, Fort Lauderdale FL 33304 (Fort Lauderdale 33304), listed at $1,425,000.

Monthly Costs, Stated Plainly

This home has no mandatory HOA (single-family / no association on record).

The tax of record is $20,250 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Broward rate near 2.1%: without homestead, about $29,930/yr (≈ $2,494/mo); with the homestead exemption on a primary residence, about $28,880/yr (≈ $2,407/mo). Confirm with the Broward Property Appraiser and a tax professional — these are estimates, not quotes.

Frequently Asked Questions

What is the list price, and what typically conveys with a home like this?

The list price for 1332 NE 16th Ter is $1,425,000. While the MLS does not specify the furnished status, fixtures and built-in appliances—along with the Gunite pool—convey with the home. Community or on-site amenities, if any, would require verification, as they are separate from the property itself. For precise details on inclusions and to explore this Fort Lauderdale opportunity, contact Christopher Lazaro, Fort Lauderdale Real Estate Expert, directly.

Where exactly is it, and what should I know about the location?

This home at 1332 NE 16th Terrace is situated in Fort Lauderdale 33304, a sought-after coastal corridor just minutes from the Intracoastal Waterway and pristine beaches. The location offers convenient access to downtown Fort Lauderdale’s dining and cultural attractions while maintaining a tranquil residential feel. For precise insights on neighborhood dynamics or to schedule a private tour, contact Christopher Lazaro, Fort Lauderdale Real Estate Expert, directly.

What are the HOA / association fees, and what do they cover?

This home at 1332 NE 16th Terrace has no mandatory HOA—it's a single-family property with no association on record, meaning the owner handles all utilities, landscaping, and upkeep independently. While there are no HOA fees or shared amenities, the home remains subject to Fort Lauderdale's city ordinances governing property standards. For complete clarity on local regulations or to discuss the freedom of owning without an HOA, contact Christopher Lazaro, Fort Lauderdale Real Estate Expert, for personalized guidance.

What are the property taxes and homestead implications?

The current tax of record for 1332 NE 16th Terrace is $20,250 (2025), but Florida reassesses at sale. As an ESTIMATE ONLY — using a Broward rate near 2.1% — taxes at the $1,425,000 list price would be approximately $29,930/yr (≈ $2,494/mo) without homestead, or $28,880/yr (≈ $2,407/mo) with Florida's homestead exemption, which reduces taxable value for primary residences only. These are estimates, not quotes; always confirm with the Broward Property Appraiser and a tax professional. For precise figures and personalized guidance, contact Christopher Lazaro, Fort Lauderdale Real Estate Expert.

Is the home in a flood zone, and what does that mean?

Flood zones are FEMA-designated areas that assess a property's risk of flooding, ranging from minimal (Zone X) to high-risk (like Zone AE). The home at 1332 NE 16th Ter is in Zone AE, which lenders often require flood insurance for due to its higher risk. View the FEMA flood map for this address to explore the specifics. For personalized guidance on insurance costs or mitigation strategies, connect with Christopher Lazaro, Fort Lauderdale Real Estate Expert, who’ll ensure you’re fully informed.

Are pets allowed?

As a single-family home at 1332 NE 16th Ter, Fort Lauderdale, this property has no HOA or condo restrictions — pet policies are solely determined by the owner, within local ordinances and any active lease terms. Documented service animals and emotional support animals are protected under federal law. For precise details on current pet allowances, contact Christopher Lazaro, Fort Lauderdale Real Estate Expert, to confirm before proceeding.

How is the price set and is there room to negotiate?

The $1,425,000 list price reflects a tailored CMA for 1332 NE 16th Ter, weighing recent Fort Lauderdale comps and the home’s 3,385 sqft lot, pool, and 2021 roof. Broward’s market context matters too: single-family homes have recently closed at 96% of original list, averaging 35 days to contract (MIAMI REALTORS®, May 2026). For precise negotiation leverage, let’s review a fresh Fort Lauderdale-specific CMA together—then we’ll craft your strongest offer. Reach out to Christopher Lazaro, Fort Lauderdale Real Estate Expert, to verify today’s dynamics.

What financing step do you recommend before touring?

Before touring 1332 NE 16th Ter, I strongly recommend securing a pre-approval from a Florida Licensed Mortgage Loan Officer — this clarifies your budget and strengthens your position in competitive markets like Fort Lauderdale’s $1,425,000+ segment. A pre-approval also streamlines the process if this 3-bedroom, 3.5-bath home checks all your boxes. For personalized guidance or to verify financing options, reach out to me, Christopher Lazaro, Fort Lauderdale Real Estate Expert, today.

Monthly Fees & Carrying Costs

  • Membership Required: No

Have a question about this Fort Lauderdale listing?

Talk directly with Christopher Lazaro, your Fort Lauderdale real estate advisor. No pressure — real answers.

  • Address: 16th Ter
  • City: Fort Lauderdale
  • Zip/Postal Code: 33304

Details

Updated on July 6, 2026 at 4:50 pm
  • Property ID A12044939
  • Price $1,425,000
  • Property Size 2385 Sq Ft
  • Bedrooms 3
  • Room 0
  • Bathrooms 3.5
  • Year Built 2026
  • Property Status Active, Residential

Additional details

  • Bedroom Features Other
  • Cooling Central Air
  • Association Type None
  • Building PROGRESSO
  • Area Progresso
  • Annual Tax 20250
  • Association No
  • Elementary School Bennett
  • Private Pool No
  • Listing Terms Owner Will Carry
  • Waterfront No
  • Full Bathrooms 3
  • Subdivision PROGRESSO
  • Restrictions No Restrictions
  • Parking Other
  • Heating Central
  • Structure Type Pool Only, House
  • Tax Year 2025
  • Building Area 2585
  • Covered Spaces 1
  • Middle School Sunrise
  • View Pool
  • Year Built Details New Construction
  • High School Fort Lauderdale
  • Half Bathrooms 1
  • Flood Zone X
  • New Construction Yes
  • Garage Spaces 1
  • Style Pool Only
  • Lot Size (Sq Ft) 3377
  • Membership Purchase Required No

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