Back 931 Southwest 16th Place
Off Market

931 Southwest 16th Place

Fort Lauderdale FL 33315

4
2927 sq. ft.
Duplex
Last sold for $692,000
Richard SalterRichard Salter, last sold this property on 28 October 2025 after 896 days on market.

Overview

This spacious duplex with a 3/2 on each side offers an excellent investment opportunity. The units are a mirror image of each other and at 1300 sq ft provide good space and a perfect design. Both units are rented on a month to month basis to tenants who would like to continue. Potential annual gross income is $62,400. The tenant pays for all utilities except water.. All windows and doors have been replaced with impact glass, roof replaced 2006. Both units are updated with new kitchens, countertops and appliances. There is a spacious laundry room with full size washer/dryer and new hot water heaters. The units share a fenced private yard in the rear. The location is within a highly desirable rental district close to downtown, the port, airport and with easy access to the I95.

Features

4 carspaces
2927 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 931 Southwest 16th Place is $660k.

Median value
$660k
Estimated value range
$412k - $1.77m
Median days on market
75
Estimated value trend
-8%
decrease 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 931 Southwest 16th Place

2025
Sold
$692,000
28 Oct 2025 by Richard Salter, of COMPASS FLORIDA, LLC
2020
Sold
$370,000
20 Aug 2020 by Donald Ray Karney III, of Florida Dominion Inc
2012
Rented
Undisclosed
27 Jul 2012 by LoKation

Happy sellers in Fort Lauderdale

95%
95% 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 4 reviews in Fort Lauderdale over the last 12 months.

Local market activity for duplexes in Fort Lauderdale

In the last 12 months, 38 duplexes similar to 931 Southwest 16th Place, have been sold.

This represents a 26% decrease in duplexes sales when compared to the previous 12 months.

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