How much is 1025-1027 NE 16 Terrace?

1025-1027 NE 16 Terrace is listed at $750,000, which is about $178 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the property taxes on 1025-1027 NE 16 Terrace?

The listing reports annual property taxes of $15,157 for 2024. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.

When was 1025-1027 NE 16 Terrace built?

1025-1027 NE 16 Terrace was built in 1960 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long has 1025-1027 NE 16 Terrace been on the market?

1025-1027 NE 16 Terrace has been listed for 95 days, and the asking price has been reduced from $799,000. Days on market and price changes are the first signals of how much room there is to negotiate.

How do I see 1025-1027 NE 16 Terrace?

Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

1025-1027 NE 16 Terrace, Fort Lauderdale, FL 33304

$750,000 · Closed

4 baths
4,223 sq ft
Quadruplex
Built 1960
Lot 6,969.6 sq ft
MLS# R11132122
Progresso

Exterior at 1025-1027 NE 16 Terrace, Fort Lauderdale

Building 2 at 1025-1027 NE 16 Terrace, Fort Lauderdale

Kitchen at 1025-1027 NE 16 Terrace, Fort Lauderdale

Washer & Dryer at 1025-1027 NE 16 Terrace, Fort Lauderdale

Living Room at 1025-1027 NE 16 Terrace, Fort Lauderdale

About this home

Don't miss this great investment opportunity in Lake Ridge! This Quadplex needs work to become an updated property. It is currently rented & offers strong income potential. Or, if preferred, it can be quickly readied for tear down. It's in a prime walkable location near downtown, beaches, shopping, and dining. The lot includes two buildings: a one-story with two 1/1s, and a two-story with two 2/1s, one of which has 25 feet ceilings. Each unit features a private yard or patio. Each building has separate water meters, and each unit has its own electric meter. Please do not disturb tenants or walk the property without an appointment.

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

CENTURY 21 Tenace Realty · Listing agent: Debra J Temkin

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 1025-1027 NE 16 Terrace.

Questions About 1025-1027 NE 16 Terrace

How much is 1025-1027 NE 16 Terrace?: 1025-1027 NE 16 Terrace is listed at $750,000, which is about $178 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 1025-1027 NE 16 Terrace?: The listing reports annual property taxes of $15,157 for 2024. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 1025-1027 NE 16 Terrace built?: 1025-1027 NE 16 Terrace was built in 1960 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 1025-1027 NE 16 Terrace been on the market?: 1025-1027 NE 16 Terrace has been listed for 95 days, and the asking price has been reduced from $799,000. Days on market and price changes are the first signals of how much room there is to negotiate.
How do I see 1025-1027 NE 16 Terrace?: Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The home at 1026 NE 9th Avenue, Fort Lauderdale, FL 33304 is comparable and listed for sale at $800,000. Another comparable home, 1039 N Victoria Park Road 1-3, Fort Lauderdale, FL 33304, sold for $860,000 in August 2026. Other Fort Lauderdale neighborhoods include Rio Vista and Coral Ridge. Nearby ZIP codes include 33301 and 33305. This property also neighbors Oakland Park, Lauderdale-by-the-Sea, and Plantation. Compare it with the Fort Lauderdale housing market report.