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Sold for $565,000
  • $565,000

    1462 SW 16th Terrace, Fort Lauderdale, FL 33312

    4beds
    1,504sqft
    Single Family Residence
    Built in 1957
    7,475 Square Feet Lot
    $568,100 Zestimate®
    $376/sqft
    $3,467 Estimated rent

    Home value

    $568,100

    $511,000 - $636,000

    $3,467/mo

    Zestimate® history
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    What's special

    Rare 4 bed 3 bath home in sought after Shady Banks. Great for entertaining w/ a 500sf covered patio &big backyard w/ room for a pool. Open, flexible floorplan with 2 primary bedrooms. One primary has a separate entrance & bathroom, making it perfect for an in-aw or roommate plus 2 addt'l bedrooms. Inside laundry/pantry area. Florida room w/ access to the patio. Freshly painted exterior. Walk to the park 1 street over. Minutes to downtown, the beach, Airport & Port Everglades. One way in/out surrounded by the river, this is THE hidden gem neighborhood to be in. 2 parks offer: Tennis Volleyball Fitness Equipment, Playground plus a 3+ acre Nature Preserve along the New River with picnic areas, boardwalks & a Natural Shoreline, drop a Paddleboard or Kayak in and explore the beautiful river.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rosemary S Purswell 954-562-8004,

    Sea Island Realty Inc.

    Bought with:

    Non-Member

    Non-Member

    Source: BeachesMLS,MLS#: F10513600MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 3
    • Main level bedrooms: 4
    Heating
    • Other
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Disposal, Gas Range, Microwave, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier, Washer
    Features
    • Breakfast Bar, Family/Dining Room, Multiple Primary Suites, Multiple En Suite Bathrooms, Split Bedrooms, Walk-In Closet(s)
    • Flooring: Carpet, Tile
    • Windows: Impact Glass
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,504 sqft

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    • Details: CarportSpaces:0.00
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Porch, Balcony
    • Exterior features: Balcony, Outdoor Living Area, Room For Pool
    Lot
    • Size: 7,475 Square Feet
    • Features: < 1/4 Acre
    Details
    • Additional structures: Outbuilding
    • Parcel number: 504216170080
    • Zoning: RS-8

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Other
    • Roof: Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1957

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Shady Banks On New River
    HOA
    • Has HOA: No
    • Amenities included: Playground, Park
    Location
    • Region: Fort Lauderdale

    Financial & listing details

    • Price per square foot: $376/sqft
    • Tax assessed value: $542,550
    • Annual tax amount: $2,623
    • Date on market: 7/6/2025
    • Cumulative days on market: 105 days
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    10/30/2025Sold$565,000-8.1%$376/sqft
    Source: BeachesMLS #F10513600 Report a problem
    8/22/2025Price change$615,000-1.6%$409/sqft
    Source: BeachesMLS #F10513600 Report a problem
    7/6/2025Price change$624,900-6%$415/sqft
    Source: BeachesMLS #F10513600 Report a problem
    6/9/2025Price change$665,000-4.9%$442/sqft
    Source: BeachesMLS #F10497696 Report a problem
    5/1/2025Price change$698,980-3.6%$465/sqft
    Source: BeachesMLS #F10497696 Report a problem
    4/11/2025Listed for sale$725,000+336.7%$482/sqft
    Source: BeachesMLS #F10497696 Report a problem
    3/17/2010Sold$166,000$110/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,808 +7.1%$151,700 +2.9%
    2024$2,623 +3.3%$147,430 +3%
    2023$2,540 +6.7%$143,140 +3%
    2022$2,381 +3.2%$138,980 +3%
    2021$2,306 +1.8%$134,940 +1.4%
    2020$2,265 +15.1%$133,080 +2.3%
    2019$1,968 $130,090 +18.3%
    2018$1,968 +30.8%$109,970 +2.1%
    2017$1,505 +1.3%$107,710 +2.1%
    2016$1,486 0%$105,500 +0.7%
    2015$1,486 -0.2%$104,770 +0.8%
    2014$1,489 $103,940 -30.3%
    2013$1,489 +10.8%$149,220 +26.9%
    2012$1,343 +4.9%$117,570 +10.3%
    2011$1,280 -30.2%$106,620 +28.9%
    2010$1,833 +118%$82,740 +8.6%
    2009$841 +0.6%$76,190 +0.1%
    2008$836 -21.4%$76,120 +3%
    2007$1,064 -5.9%$73,910 +2.5%
    2006$1,130 $72,110 +3%
    2005-- $70,010 +3%
    2004$1,156 +6.8%$67,980 +1.9%
    2003$1,082 +3.2%$66,720 +2.4%
    2002$1,049 +2.8%$65,160 +1.6%
    2001$1,020 +4.1%$64,140
    2000$980 --
    Find assessor info on the county website

    Neighborhood: Shady Banks

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $568,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $568,100