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+63 photosLuxury home — 917 NE 16th Terrace · Progresso · Fort Lauderdale
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Open property magazine$1,370,000
917 NE 16th Terrace, Fort Lauderdale, FL 33304
Fort Lauderdale, FL, 33304
4 bd · 3 ba · 1,880 sqft
Listed by Julies Realty, LLC
917 NE 16th Terrace, Fort Lauderdale, FL 33304
Listed by Julies Realty, LLC
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Estimated monthly payment
$9,495/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $9,495/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: X · verify insurance quotes before buying.
About this home
Find similar homesThis Property is operated as 3 rental units. Main house features Entrance, Spacious Living room, family room, 2 Bedrooms, 1 Bathroom, Kitchen, dining room, Large covered patio, Kitchen covered patio. Unit 2 is a Studio featuring a separate entrance, living space and bedroom space, a small kitchen, a bathroom, small private outdoor patio. Unit 3 is a Cottage guest house (1 Bedroom) featuring a private entrance, living room, bedroom, dining area, bathroom, and large covered outdoor patio. Excellent investment opportunity in the desirable Victoria Park area of Fort Lauderdale! This multifamily property features multiple living spaces, offering flexibility for investors or owner-occupants seeking additional income potential. Ideally situated near shopping, dining, entertainment, and major roadways, with convenient access to the beach and the vibrant Las Olas Boulevard area. A great opportunity to own income-producing real estate in a sought-after Fort Lauderdale location. Schedule your showing today!
Property Details
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Your costs (est.)
≈ $9,495/mo
917 NE 16th Terrace, Fort Lauderdale, FL 33304 · Fort Lauderdale
Location
917 NE 16th Terrace, Fort Lauderdale, FL 33304
What buyers ask about this home
What are the estimated monthly carrying costs at 917 NE 16th Terrace, Fort Lauderdale, FL 33304?+
Property tax (after sale): $1,985/month est.; homeowners insurance: $401/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $2,386/month est. Principal and interest: $7,109/month; PMI: $0/month. Total for the payment scenario shown: $9,495/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 917 NE 16th Terrace, Fort Lauderdale, FL 33304?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 917 NE 16th Terrace, Fort Lauderdale, FL 33304 need flood insurance, and what drives the premium?+
Most of Fort Lauderdale sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 917 NE 16th Terrace, Fort Lauderdale, FL 33304?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type (cast iron and polybutylene are common in homes of this era), and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 917 NE 16th Terrace, Fort Lauderdale, FL 33304?+
This listing has been on the market 30 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Fort Lauderdale. Venice of America — 165+ miles of navigable waterways, Las Olas dining, and easy I-95 / Brightline access.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Harbordale Elementary School
Elementary · 2.4 mi from this home · 900 Se 15Th St, Fort Lauderdale
Sunrise Middle School
Middle school · 0.6 mi from this home · 1750 Ne 14Th St, Fort Lauderdale
Fort Lauderdale High School
High school · 1.2 mi from this home · 1600 Ne 4Th Ave, Fort Lauderdale
Zone boundaries published by Broward County Public Schools.
Other options for this address
Somerset Academy Village Charter Middle School
Middle school · Charter · Grades 6–8 · Wilton Manors
ST. Thomas Aquinas High School
High school · Private · Catholic · Grades 9–12 · Fort Lauderdale
Edith Robinson Christian Academy
High school · Private · Christian · Grades 9–12 · Fort Lauderdale
Permission To Succeed Education Center
Pre-K & Kindergarten · Private · Grades PK–12 · Port ST. Lucie
Permission To Succeed Education Center
Pre-K & Kindergarten · Private · Grades K–12 · Port ST. Lucie
Murl Windsor Academy At Hollywood
Pre-K & Kindergarten · Private · Grades PK–12 · Fort Lauderdale
The International Family Academy
Pre-K & Kindergarten · Private · Grades K–12 · Fort Lauderdale
Lighthouse Christian Academy
Pre-K & Kindergarten · Private · Christian · Grades 4–12 · Oakland Park
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
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Simon Gedz
Realtor® since 1995
Interested in this property?
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