1331 NE 16th Ter, Fort Lauderdale, FL 33304
PROGRESSO · Broward County
Key Facts
Description
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.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
TwoStory
Year Built
2026
Living Area
1,356 sq ft
Lot Size
13,497 sq ft
Garage Spaces
2
Days on Market
5
MLS® Listing#
A12042579
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Pool
Parking
Roof
Security
Community
Sewer
Water Source
Schools
- Elementary:
- Bennett
- Middle:
- Sunrise
- High:
- Fort Lauderdale
Financial Details
Annual Taxes
$10,553
Tax year 2025
Parcel Number
494234028060
Affordability Calculator
$525,000
Estimated monthly payment
$13,971/mo
Principal $2,100,000 · Est. interest $2,929,687 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Fort Lauderdale, FL
- $386,709
- Median Listing Price
- 108
- Median Days on Market
- 1,410
- Median Sq Ft
- $255
- Median Price / Sq Ft
- 8,730
- Active Listings
- This home’s price is 579% above the area median.
- Its price per sq ft is 660% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Fort Lauderdale, FL.
Location
Getting Around
Points of Interest in Fort Lauderdale, FL
Showing the Fort Lauderdale area map.
Nearby Schools
Bennett Elementary School
Elementary · 0.3 mi away
Bayview Elementary School
Elementary · 0.6 mi away
Fort Lauderdale High School
Secondary · 0.8 mi away
North Side Elementary School
Elementary · 1.1 mi away
Cypress Pre School
School · 1.2 mi away
KIA Christian Preschool of Wilton Manors
School · 1.3 mi away
Little Flower Montessori School
Elementary · 1.3 mi away
St Anthony Catholic School
Secondary · 1.4 mi away
Wilton Manors Elementary School
Elementary · 1.4 mi away
Virginia Shuman Young Elementary School
Elementary · 1.4 mi away
Sunrise High School
Secondary · 1.4 mi away
Pace Center for Girls, Broward
Secondary · 1.5 mi away
Saint Mark's Episcopal Church
School · 1.6 mi away
Thurgood Marshall Elementary School
Elementary · 1.6 mi away
Oakland Park Elementary School
Elementary · 1.7 mi away
Northstar Academies
Secondary · 1.8 mi away
Fidelis Academy
School · 1.9 mi away
Somerset Academy Village
Elementary · 1.9 mi away
Mt Bethel Christian Academy
School · 1.9 mi away
Elite Bartending School of Fort Lauderdale
School · 2.0 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2633 Estero Boulevard, Fort Myers Beach, FL | $1,849,000 | 7 | 4 | 2,370 |
| 800 SE 11TH Court, Fort Lauderdale, FL | $1,849,000 | 3 | 3 | 1,787 |
| 18500 Wildblue Boulevard, Fort Myers, FL | $1,849,900 | 4 | 3 | 2,966 |
| 2711 NE 57th Ct, Fort Lauderdale, FL | $1,850,000 | 4 | 2 | 2,250 |
| 1578 Thumb Point Drive, Fort Pierce, FL | $1,850,000 | 5 | 6 | 3,547 |
| 2141 SW 23rd Avenue, Fort Lauderdale, FL | $1,850,000 | 4 | 4 | 3,280 |
Moving Cost Estimate
EXIT Agents in Fort Lauderdale
Listing Courtesy: REI By Zip LLC - 9543689660
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