1332 16th Ter, Fort Lauderdale, FL, 33304
Property Features
- Status: Active
- Category: For Sale, Townhouse
- Type: Residential, Townhouse
- Subdivision Name: PROGESSO
- Bedrooms: 12
- Bathrooms: 16, 12
- Half Baths: 4
- Living Square Feet: 2385 sq ft
- Lot Size Square Feet: 0 sq ft
- Area: 2385 sq ft
- Lot size, sq ft: 0 sq ft
- Pets Allowed: Yes
- Tax Year: 2025
- Tax Annual Amount: $20,250
- Original List Price: $5,200,000
- SubdivisionName: PROGESSO
- DOM: 1
- ListOfficeName: REI By Zip LLC
- MLS ID: A11938336
- GarageSpaces: 4
- ListAOR: Miami Association of REALTORS®
- EntryLevel: 1
Description
-
Description:
Investor Package (COMING SOON) rare opportunity
This is the kind of opportunity investors spend years waiting for—and often miss. A rare pre-construction package of 4 units (2 duplexes) offered at a locked-in pre-construction price of $5.2M, delivering immediate scale, long-term flexibility, and built-in upside from day one. Opportunities to acquire multiple newly built units at today’s pricing—before completion and before market repricing—are exceptionally limited, especially with no HOA and no rental restrictions.
The project is designed as a true income-producing asset, allowing long-term, short-term, or hybrid rental strategies without limitations. New construction, modern layouts, and high-end finishes position these units to remain competitive year after year, appealing to high-quality tenants and supporting consistent demand.
Seller financing is available with a minimum 50% down payment, . Estimated delivery: Q4 2025. This is a rare chance to lock in pricing on a multi-unit luxury product before completion.
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UNIT INFO
Each residence offers 2,594 SF under air with a 3-bedroom, 3.5-bath layout and top-of-the-line finishes throughout, creating a product that stands out in any rental or resale market. Modern architecture, open-concept floor plans, soaring ceilings, and floor-to-ceiling impact glass create a bright, expansive feel and a seamless indoor–outdoor living experience that tenants consistently prioritize.
CUSTOM FINISH OPTIONS AVAILABLE
Building Details
- Building Area Total: 2585 sq ft
- StoriesTotal: 2
- New Construction Y/N: Yes
- Parking Features: Other
- Security Features: Smoke Detector, Other
- View: Pool Area View
- Building Name: LAKE RIDGE
- Covered Spaces: 4
- Construction Materials: Concrete Block Construction
- NewConstructionYN: Yes
- Garage Spaces: 4
- Entry Level: 1
- Garage Y/N: Yes
- Exterior material: Concrete Block Construction
- Parking: Other
Rooms
- Room Bedroom Features: Other
Amenities & Features
- Features:
- Amenities:
- ExteriorFeatures: Other, Barbeque
- Waterfront available: No
- View Y/N: Yes
- GarageYN: Yes
- Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Other Equipment/Appliances, Electric Range, Refrigerator
- AttachedGarageYN: No
- Exterior Features: Other, Barbeque
- Cooling Y/N: Yes
- Cooling: Central Air
- CoolingYN: Yes
- Interior Features: First Floor Entry
- Heating: Central
- PoolPrivateYN: Yes
- Fencing: Fenced
- FireplaceYN: No
Location
- County: Broward County
Video
- Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11938336