1332 NE 16th Ter Fort Lauderdale, FL 33304
UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,385 sqft
Price per Sqft $2,180
Subdivision Progesso
MLS Listing ID A11938336
Style Other
Bedrooms 12
Full Baths 12
Half Baths 4
HOA Y/N No
Leases Per Year 365
Year Built 2026
Annual Tax Amount $20,250
Tax Year 2025
Property Sub-Type Townhouse
Property Description
This is the kind of opportunity investors spend years waiting for—and often miss. A rare pre-construction package of 4 units (2 duplexes) offered at a locked-in pre-construction price of $5.2M, delivering immediate scale, long-term flexibility, and built-in upside from day one. Opportunities to acquire multiple newly built units at today's pricing—before completion and before market repricing—are exceptionally limited, especially with no HOA and no rental restrictions.
The project is designed as a true income-producing asset, allowing long-term, short-term, or hybrid rental strategies without limitations. New construction, modern layouts, and high-end finishes position these units to remain competitive year after year, appealing to high-quality tenants and supporting consistent demand.
Seller financing is available with a minimum 50% down payment, . Estimated delivery: Q4 2025. This is a rare chance to lock in pricing on a multi-unit luxury product before completion.
UNIT INFO
Each residence offers 2,594 SF under air with a 3-bedroom, 3.5-bath layout and top-of-the-line finishes throughout, creating a product that stands out in any rental or resale market. Modern architecture, open-concept floor plans, soaring ceilings, and floor-to-ceiling impact glass create a bright, expansive feel and a seamless indoor–outdoor living experience that tenants consistently prioritize.
CUSTOM FINISH OPTIONS AVAILABLE
Location
State FL
County Broward
Community Progesso
Area 3380
Interior
Interior Features First Floor Entry, Other
Heating Central
Cooling Central Air
Appliance Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Other, Refrigerator
Exterior
Exterior Feature Barbecue, Fence
Garage Spaces 4.0
Amenities Available Pool
View Pool
Garage Yes
Private Pool Yes
Building
Architectural Style Other
Structure Type Block
Schools
Elementary Schools Bennett
Middle Schools Sunrise
High Schools Fort Lauderdale
Others
Pets Allowed No Pet Restrictions, Yes
Senior Community No
Restrictions No Restrictions
Tax ID 494234028420
Security Features Other,Smoke Detector(s)
Acceptable Financing Cash, Owner May Carry
Listing Terms Cash, Owner May Carry
Pets Allowed No Pet Restrictions, Yes
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11938336
NEARBY SCHOOL & BUSINESS
- 10
Bayview Elementary School
Public | KG - 5
- 9
Harbordale Elementary School
Public | KG - 5
- 9
Virginia Shuman Young Elementary School
Public | PK - 5
- 7
Sunland Park Academy
Public | PK - 3
- 5
Croissant Park Elementary School
Public | KG - 5
- 5
Charter School of Excellence
Public | KG - 5
- 5
North Side Elementary School
Public | PK - 5
- 5
Bennett Elementary School
Public | PK - 5
- 5
Wilton Manors Elementary School
Public | PK - 5
- 5
Somerset Village Academy
Public | KG - 5
- 4
North Fork Elementary School
Public | PK - 5
- 4
Lloyd Estates Elementary School
Public | PK - 5
- 3
Oakland Park Elementary School
Public | PK - 5
- 1
Walker Elementary School
Public | PK - 5
- 1
Marshall Thurgood Elementary School
Public | PK - 5
- 0
Charter School of Excellence 2
Public | KG - 5
- 0
Trinity Lutheran School
Private | KG - 8
- 0
Bethany Christian School
Private | PK - 8
- 0
Florida Virtual Academy at Broward County
Public | KG - 12
- 0
Florida Virtual Academy at Osceola County
Public | KG - 10
- 6
Somerset Academy Village Charter Middle School
Public | 6 - 8
- 4
Sunrise Middle School
Public | 6 - 8
- 0
Inspirations Academy
Private | 8 - 12
- 0
Ivy Academy Middle School
Public | 6 - 8
- 0
Pace Center for Girls, Inc.
Public | 6 - 12
- 6
Fort Lauderdale High School
Public | 9 - 12
- 4
Stranahan High School
Public | 9 - 12
- 0
Mavericks High of Central Broward County
Public | 9 - 12
- 0
Ivy Academy High School
Public | 9 - 12
- 0
Cardinal Gibbons High School
Private | 9 - 12
- 0
Postsecondary Alternatives for Secondary Students-
Public | 9 - 12
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