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.
New construction
Price increase: $70K (9/3)
$2,695,000
1331 NE 16th Ter, Fort Lauderdale, FL 33304
4beds
3,438sqft
Single Family Residence
Built in 2026
0.31 Acres Lot
$2,600,000 Zestimate®
$784/sqft
$-- HOA
What's special
High ceilingsLuxury finishes throughoutOpen-concept floor plan
- 75 days
- 348
- 18
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#: A12042579
Originating 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: $784/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
$2,600,000
$2.47M - $2.73M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Price change | $2,695,000+2.7%$784/sqft |
Source: | ||
| 6/24/2026 | Listed for sale | $2,625,000+84.2%$764/sqft |
Source: | ||
| 6/4/2026 | Listing removed | $1,425,000$414/sqft |
Source: | ||
| 2/13/2026 | Listed for sale | $1,425,000+26.7%$414/sqft |
Source: | ||
| 9/15/2025 | Sold | $1,125,000+2905.7%$327/sqft |
Source: Public Record Report a problem | ||
| 5/1/1980 | Sold | $37,429$11/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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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Neighborhood: Poinsettia Heights
Nearby schools
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.







