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New construction
  • $2,625,000

    1331 NE 16th Ter, Fort Lauderdale, FL 33304

    4beds
    3,438sqft
    : 
    $18,356/mo
    Get pre-qualified
    Single Family Residence
    Built in 2026
    0.31 Acres Lot
    $2,534,200 Zestimate®
    $764/sqft
    $-- HOA

    What's special

    High ceilingsLuxury finishes throughoutOpen-concept floor plan
    1 SOLD 2 LEFT! Brand-new construction coming soon in the highly desirable Lake Ridge neighborhood. One of three exclusive single-family residences being developed on this rapidly transforming street, with one already under contract pre-construction and only two opportunities remaining. This thoughtfully designed residence will offer approximately 3,460 SQFT under air with 4 bedrooms and 4 bathrooms, including a first-floor bedroom with a private en-suite bath. Open-concept floor plan featuring spacious living areas, high ceilings, large impact windows and doors, and luxury finishes throughout. Buyers who secure the property during construction will have the opportunity to customize select finishes, colors, and design elements with the developer. Estimated completion approximately 11 months. ( early/mid 2027) Located on one of Lake Ridge's most active redevelopment streets, surrounded by new construction. The developer is also constructing 10 modern townhomes directly across the street, contributing to the area's continued growth and transformation. Conveniently located minutes from Las Olas Boulevard, Downtown Fort Lauderdale, Fort Lauderdale Beach, shopping, dining, and entertainment. A rare opportunity to own a new construction home in one of Fort Lauderdale's fastest-growing neighborhoods. Features, specifications, finishes, and dimensions are subject to change without notice. Estimated completion dates are approximate. Buyer to verify all information.
    30 days
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    534
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    32
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    Zillow last checked:

    Listing updated:

    Listed by:

    Amit Drore 786-277-6377,

    REI By Zip LLC,

    Roy Drore 954-278-0306,

    REI By Zip LLC

    Source: MIAMI,MLS#: A12042579MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Central
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Washer
      Features
      • Other
      Interior area
      • Total interior livable area: 3,438 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Other, Garage Door Opener
      • Garage spaces: 2
      Features
      • Stories: 2
      • Entry location: First Floor Entry
      • Exterior features: Barbecue, Balcony, Other
      • Has private pool: Yes
      • Pool features: Other, Pool Only
      • Has view: Yes
      • View description: Pool
      Lot
      • Size: 0.31 Acres
      • Features: Less Than 1/4 Acre Lot
      Details
      • Parcel number: 494234028060
      • Zoning: RC-15

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Roof: Other
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2026

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Municipal Water

      Community & HOA

      Community
      • Features: Other, Other Subdiv/Park Info
      • Security: Smoke Detector
      • Subdivision: Progresso
      HOA
      • Has HOA: No
      Location
      • Region: Fort Lauderdale

      Financial & listing details

      • Price per square foot: $764/sqft
      • Tax assessed value: $632,010
      • Annual tax amount: $10,553
      • Date on market: 6/24/2026
      • Listing terms: Owner Will Carry

        Estimated market value

        $2,534,200

        $2.41M - $2.66M

        $6,952/mo

        Price history

        DateEventPrice
        6/24/2026Listed for sale$2,625,000+84.2%$764/sqft
        Source: MIAMI #A12042579 Report a problem
        6/4/2026Listing removed$1,425,000$414/sqft
        Source: MIAMI #A11964881 Report a problem
        2/13/2026Listed for sale$1,425,000+26.7%$414/sqft
        Source: MIAMI #A11964881 Report a problem
        9/15/2025Sold$1,125,000+2905.7%$327/sqft
        Source: Public Record Report a problem
        5/1/1980Sold$37,429$11/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,553 +3.3%$474,510 +10%
        2024$10,219 +4.2%$431,380 +10%
        2023$9,808 +15.3%$392,170 +10%
        2022$8,504 +14.9%$356,520 +10%
        2021$7,404 +12.2%$324,110 +10%
        2020$6,599 +9%$294,650 +10%
        2019$6,054 $267,870 -26.4%
        2018$6,054 +11.1%$363,960 +64.4%
        2017$5,448 +8%$221,390 +10%
        2016$5,047 +11.9%$201,270 +10%
        2015$4,508 +18.4%$182,980 +10%
        2014$3,808 $166,350 -10.7%
        2013$3,808 +31%$186,350 +35.5%
        2012$2,906 -35.6%$137,490 -36.9%
        2011$4,514 -5.4%$218,020 -3.5%
        2010$4,774 -28.5%$226,010 -31.4%
        2009$6,677 -14%$329,380 -14.9%
        2008$7,767 -24.6%$386,990 -24.9%
        2007$10,307 +8.2%$515,150 +20.1%
        2006$9,527 $428,920 +18.8%
        2005-- $361,060 +38%
        2004$6,557 +5.2%$261,660 +3.6%
        2003$6,233 +32.6%$252,570 +35.9%
        2002$4,700 +33.1%$185,830 +33.3%
        2001$3,531 +10.8%$139,360
        2000$3,188 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Poinsettia Heights

        Getting around

        71 / 100
        Very Walkable
        37 / 100
        Some Transit
        64 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Bennett
        • Middle: Sunrise
        • High: Fort Lauderdale

        Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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