Back 1040 Northeast 16th Avenue
Off Market

1040 Northeast 16th Avenue

Fort Lauderdale FL 33304

6509 sq. ft.
Duplex
Last sold for $930,000
Anthony MauroAnthony Mauro, last sold this property on 10 November 2025 after 232 days on market.

Overview

PRICE IMPROVEMENT on This fabulous triplex, located in beautiful Lake Ridge is super clean and well maintained. The owner’s unit is one level. The living space is open, with plenty of room for dining and entertainment areas. The third bedroom has potential to be the primary bedroom suite or an in-law suite. The two attached townhouses, each have two bedrooms, 1.5 baths, and separate utilities. Shared private pool/ patio oasis is tucked away in the back of the house. Laundry is coin op, and is is in an enclosed area. The owners unit is currently vacant, and could rent for $3000/month. The townhouses have long term tenants, month to month occupancy. Ideal for investment or owner operator. Conveniently located to shopping, dining, 2.5 miles to beach, call and make an appointment today!

Features

6509 sq. ft. floor area
Duplex

Estimated Value

Based on this property and similar duplexes sold in Fort Lauderdale over the last 12 months, the estimated median property value of 1040 Northeast 16th Avenue is $824.5k.

Median value
$824.5k
Estimated value range
$415k - $2.7m
Median days on market
61
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Fort Lauderdale. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1040 Northeast 16th Avenue

2025
Sold
$930,000
10 Nov 2025 by Anthony Mauro, of LPT Realty

Happy sellers in Fort Lauderdale

90%
90% of sellers in Fort Lauderdale reported that their sale price either exceeded or met their price expectations.

Fort Lauderdale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Fort Lauderdale over the last 12 months.

Local market activity for duplexes in Fort Lauderdale

In the last 12 months, 33 duplexes similar to 1040 Northeast 16th Avenue, have been sold.

This represents a 4% increase in duplexes sales when compared to the previous 12 months.

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