PRICE IMPROVEMENT on This fabulous triplex, located in beautiful Lake Ridge is super clean and well maintained. The owner’s unit is one level. The living space is open, with plenty of room for dining and entertainment areas. The third bedroom has potential to be the primary bedroom suite or an in-law suite. The two attached townhouses, each have two bedrooms, 1.5 baths, and separate utilities. Shared private pool/ patio oasis is tucked away in the back of the house. Laundry is coin op, and is is in an enclosed area. The owners unit is currently vacant, and could rent for $3000/month. The townhouses have long term tenants, month to month occupancy. Ideal for investment or owner operator. Conveniently located to shopping, dining, 2.5 miles to beach, call and make an appointment today!
Sold for $930,000
$930,000
1040 NE 16th Ave, Fort Lauderdale, FL 33304
7beds
6baths
5,097sqft
Triplex
Built in 1978
-- sqft lot
$1,180,000 Zestimate®
$182/sqft
$2,715 Estimated rent
Home value
$1,180,000
$1.01M - $1.37M
$2,715/mo
Zestimate® history
Owner options
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$2,715/mo
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$6,532/mo
Est. payment
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$6,532/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Anthony Mauro 954-732-1089,
LPT Realty, LLC
Bought with:
Yenitze Molina, 3281745
Miami New Realty
Source: MIAMI,MLS#: A11768220
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
Heating
- Other
Cooling
- Central Air
Features
- Flooring: Ceramic Tile
Interior area
- Total structure area: 6,509
- Total interior livable area: 5,097 sqft
Property
Parking
- Total spaces: 6
Features
- Stories: 2
- Has private pool: Yes
- Pool features: In Ground
- Fencing: Fenced
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 494234045790
- Zoning: RMM-25
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Concrete Block Construction
- Roof: Composition Roll,Shingle
Condition
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Subdivision: Lake Ridge
HOA
- Has HOA: No
Location
- Region: Fort Lauderdale
Financial & listing details
- Price per square foot: $182/sqft
- Tax assessed value: $802,350
- Annual tax amount: $16,533
- Date on market: 3/22/2025
- Listing terms: All Cash,Conventional
- Total actual rent: 80400
Price history
| Date | Event | Price |
|---|---|---|
| 11/10/2025 | Sold | $930,000-4.6%$182/sqft |
Source:  MIAMI #A11768220 Report a problem | ||
| 11/5/2025 | Pending sale | $975,000$191/sqft |
Source: MIAMI #A11768220 Report a problem | ||
| 9/26/2025 | Listed for sale | $975,000$191/sqft |
Source: MIAMI #A11768220 Report a problem | ||
| 9/26/2025 | Pending sale | $975,000$191/sqft |
Source: MIAMI #A11768220 Report a problem | ||
| 9/10/2025 | Price change | $975,000-18.6%$191/sqft |
Source: MIAMI #A11768220 Report a problem | ||
| 7/16/2025 | Price change | $1,198,000-0.2%$235/sqft |
Source: MIAMI #A11768220 Report a problem | ||
| 3/22/2025 | Listed for sale | $1,200,000+183.7%$235/sqft |
Source: MIAMI #A11768220 Report a problem | ||
| 8/9/2000 | Sold | $423,000+111.5%$83/sqft |
Source: Public Record Report a problem | ||
| 11/18/1998 | Sold | $200,000+115.7%$39/sqft |
Source: Public Record Report a problem | ||
| 8/1/1989 | Sold | $92,714$18/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,098 +3.4% | $802,350 +1.9% |
| 2024 | $16,533 +23.3% | $787,510 +28% |
| 2023 | $13,413 +132.6% | $615,170 +114.8% |
| 2022 | $5,766 +3% | $286,340 +3% |
| 2021 | $5,596 -8% | $278,000 +1.4% |
| 2020 | $6,083 +20.3% | $274,170 +7.8% |
| 2019 | $5,056 | $254,370 -11.8% |
| 2018 | $5,056 +7.9% | $288,520 +31.1% |
| 2017 | $4,684 +5.8% | $220,100 +7.3% |
| 2016 | $4,426 +1.4% | $205,040 +6.6% |
| 2015 | $4,364 +15.4% | $192,330 +6.4% |
| 2014 | $3,783 | $180,700 -4.1% |
| 2013 | $3,783 +30.1% | $188,370 +18% |
| 2012 | $2,907 -7.5% | $159,690 -8.8% |
| 2011 | $3,141 -16.4% | $175,020 -14.3% |
| 2010 | $3,760 -13.5% | $204,150 -11.6% |
| 2009 | $4,348 -1.6% | $230,990 -5.4% |
| 2008 | $4,420 -1.5% | $244,190 +3% |
| 2007 | $4,486 -4.4% | $237,080 +5.1% |
| 2006 | $4,693 | $225,590 +7.8% |
| 2005 | -- | $209,350 +14.5% |
| 2003 | $4,044 +1.8% | $182,780 +2.4% |
| 2002 | $3,973 +13.2% | $178,500 +31.9% |
| 2001 | $3,511 +53.5% | $135,370 |
| 2000 | $2,287 | -- |
Find assessor info on the county website
Neighborhood: Lake Ridge
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Nearby schools
GreatSchools rating
- 5/10Bennett Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 6/10Sunrise Middle SchoolGrades: 6-8Distance: 0.4 mi
- 6/10Fort Lauderdale High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$1,180,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,180,000
- Florida
- Broward County
- Fort Lauderdale
- 33304
- Lake Ridge
- 1040 NE 16th Ave
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