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Alex Mendel

alex@mendelgroupfl.com +1(561) 827-8449

$ 5,200,000

Est. payment -/mo

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1332 NE 16th Ter Fort Lauderdale, FL 33304

12 Beds

16 Baths

2,385 SqFt

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Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,385 sqft

Price per Sqft $2,180

Subdivision Progesso

MLS Listing ID A11938336

Style Other

Bedrooms 12

Full Baths 12

Half Baths 4

HOA Y/N No

Leases Per Year 365

Year Built 2026

Annual Tax Amount $20,250

Tax Year 2025

Property Sub-Type Townhouse

Property 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.
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

Location

State FL

County Broward

Community Progesso

Area 3380

Interior

Interior Features First Floor Entry, Other

Heating Central

Cooling Central Air

Appliance Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Other, Refrigerator

Exterior

Exterior Feature Barbecue, Fence

Garage Spaces 4.0

Amenities Available Pool

View Pool

Garage Yes

Private Pool Yes

Building

Architectural Style Other

Structure Type Block

Schools

Elementary Schools Bennett

Middle Schools Sunrise

High Schools Fort Lauderdale

Others

Pets Allowed No Pet Restrictions, Yes

Senior Community No

Restrictions No Restrictions

Tax ID 494234028420

Security Features Other,Smoke Detector(s)

Acceptable Financing Cash, Owner May Carry

Listing Terms Cash, Owner May Carry

Pets Allowed No Pet Restrictions, Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11938336

Miami Association of Realtors (SEFMIAMI MLS)

Listed by REI By Zip LLC

Alex Mendel

Agent

+1(561) 827-8449

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Alex Mendel

1332 NE 16th Ter Fort Lauderdale, FL 33304

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1332 NE 16th Ter