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$750,000

Beds
4
Baths
2.0
sq ft
1,742

1426 SW 16th Ter, Fort Lauderdale, FL 33312

1426 SW 16th Ter

Fort Lauderdale, FL 33312

  • 22 days on market
    • Price drop $25,000↓
Welcome to your dream home! This stunning 4-bedroom, 2-bathroom residence is nestled in the highly sought-after neighborhood of Shady Banks, one of Fort Lauderdale's hidden gems. Experience the tranquility of this private community with no through traffic and two exceptional parks, Hortt Park and Bill Keith Preserve. Shady Banks is more than a neighborhood; it’s a lifestyle. Known for its warm community spirit, it hosts delightful holiday events and offers a welcoming environment you'll love to call home. This home boasts a bright, open-concept design complemented by impact windows throughout. The expansive living room, wrapped in large windows, invites natural light and showcases beautiful views of your private backyard—perfect for entertaining or simply relaxing in your own oasis.

Details

Property type

Single Family Residence

Est. home value

$782,658

Lot size

9,852 sq ft

Price per sq ft

$431

Year built

1955

Annual property taxes

$12,681

Price History

01/22/2025
Beaches

Beaches #F10478163

Price change
$750,000
-3.23%
01/07/2025
Beaches

Beaches #F10478163

Price change
$775,000
-2.52%
12/31/2024
Beaches

Beaches #F10478163

Listed
$795,000

Schools & Community

Neighborhood: 

Shady Banks

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse, Playground, Park

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Civic Financial Services Llc

Loan start date

June 2022

Original loan amount

$600,000

Est. remaining balance

Not provided

Interest rate

5.1%

Loan type

Commercial, 30 year

Seller

Mori Development Group Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/22/2025 at 8:10 AM

Listing updated: 01/21/2025 at 10:20 PM

Listed by: Megan Green, Compass Florida, LLC Phone #: (305) 851-2820

MLS: Beaches #F10478163

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