tomo logo

$842,500

Beds
3
Baths
2.0
sq ft
1,472

832 NE 16th Pl, Fort Lauderdale, FL 33305

832 NE 16th Pl

Fort Lauderdale, FL 33305

  • 61 days on market
    • Price drop $56,500↓
Step into this stunning 3-bedroom, 2-bath home with an open layout blending comfort and style. Located in a sought-after neighborhood, it’s perfect for families seeking the ultimate Florida lifestyle or investors pursuing lucrative short-term rental opportunities. The split floor plan offers privacy, with the primary suite separated from the secondary bedrooms—ideal for hosting guests. The backyard is a true paradise, featuring a sparkling pool, waterfall jacuzzi, and spacious covered patio, perfect for BBQs or alfresco dining. Situated on an oversized corner lot, the home boasts ample outdoor space, a circular driveway, and easy access to Fort Lauderdale Beach (10 min) and Wilton Manors (2-5 min) with shopping, dining, and nightlife.

Details

Property type

Single Family Residence

Est. home value

$892,760

Property condition

Updated/Remodeled

Lot size

0.25 acres

Price per sq ft

$573

Year built

1952

Annual property taxes

$17,134

Price History

01/07/2025
Beaches

Beaches #F10472988

Price change
$842,500
-6.28%
12/26/2024
Beaches

Beaches #F10472988

Removed
$899,000
12/17/2024
Beaches

Beaches #F10472988

Listed
$899,000

Schools & Community

Neighborhood: 

Middle River Terrace

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

Negotiation Insights

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

Seller could get up to

$584,716
Asking price
$842,500
Closing costs (~8% of asking)
-$67,400
Est. remaining loan balance
-$190,384
Cash to seller
$584,716

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Suntrust Mortgage Inc

Loan start date

September 2008

Original loan amount

$276,000

Est. remaining balance

$190,384

Interest rate

6.63%

Loan type

Not Provided, 30 year

Seller

Dave S Mcknight Iii

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?

Similar Homes Nearby

Price drop
Beaches
$899,000
3 bd
|
2 ba
|
1,500 sq ft
|
House

1532 NE 17th Ave, Fort Lauderdale, FL 33304

Beaches
$795,000
3 bd
|
2 ba
|
1,214 sq ft
|
House

1425 NE 23rd St, Wilton Manors, FL 33305

SEF
$775,000
3 bd
|
2 ba
|
1,200 sq ft
|
House

1730 NE 9th Ave, Fort Lauderdale, FL 33305

Status: Active

Tomo last checked: 01/22/2025 at 3:10 AM

Listing updated: 01/14/2025 at 8:35 PM

Listed by: Alejandro Saenz de la Calzada Rosenstein, The Keyes Company Phone #: (954) 467-0105

MLS: Beaches #F10472988

Beaches logo