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Back 205 NE 16th Terrace
Off Market

205 NE 16th Terrace

Fort Lauderdale FL 33301

4
4
2066 sq. ft.
7531 sq. ft.
Single-Family
George ColoneyGeorge Coloney, last sold this property on 15 December 2020 after 543 days on market.

Overview

Tropical paradise in the heart of Victoria Park! This charming property features a main house with 3 spacious bedrooms and three bathrooms plus a private cottage/studio with private entrance--currently rented for $1000/month! Great as an in-law/guest cottage, or AirBnB! Full size washer/dryer, marble baths, outside storage, gas generator, two new A/C units (3.5 ton and 2 ton). Property is fully gated on an expansive corner lot. Lush landscaping make this backyard a dream with pool, koi pond and waterfall. This home is the perfect zen escape from city life, but still minutes from Las Olas Blvd., beaches, shopping and more! Please note this is zoned for Multi Family, but is really a house w/2 separate entrance studios that can easily be rented out or used as air bnb/ office w/private entrances. Thank you. All very PRIVATE. Perfect for investors &/or mother-in-law type situation. Can even separate the big kids from you. Wow! 4BRs total w/liv.rm & fam.rm/office. Another wow. Remove popcorn ceiling , change the perfectly fine tile floors to contemporary -style floor & feel like a new home. Baths and kitchen redone a few years ago. Imaginative people please to realize this perfect location to Las Olas & the beaches in quiet , quaint, trendy area of Ft. Laud. or tear down & build NEW Townhomes or home ???? Investors rent out for a few years...then resell or build NEW in a few years.... $1.4 mill. new townhomes nearby on same street.

Features

4 bedrooms
4 bathrooms
2066 sq. ft. floor area
7531 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Fort Lauderdale over the last 12 months, the estimated median property value of 205 NE 16th Terrace is $2.78m.

Median value
$2.78m
Estimated value range
$900k - $11.28m
Median days on market
77
Estimated value trend
3%
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 205 NE 16th Terrace

2020
Sold
Undisclosed
15 Dec 2020 by George Coloney, of THE KEYES COMPANY
2020
Sold
$734,000
15 Dec 2020 by Stefano Fontana, of DOUGLAS ELLIMAN
2016
Sold
$662,500
22 Mar 2016 by Chad Gray, of COMPASS FLORIDA, LLC

Happy sellers in Fort Lauderdale

67%
67% 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 9 reviews in Fort Lauderdale over the last 12 months.

Local market activity for 4 bedroom single-family properties in Fort Lauderdale

In the last 12 months, 49 four-bedroom single-family properties similar to 205 NE 16th Terrace, have been sold.

This represents a 27% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

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Laurie Richter Spector JD MBA

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Deborah Steiner

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Linda Waldron

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Shari Klafter

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  •   5   (51 reviews)
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