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616 NE 16th Terrace, Fort Lauderdale, FL, 33304 | $1,750,000
Las Olas luxury designer home in Victoria Park, one of Fort Lauderdale's most desirable neighborhoods. Ideally located just 3 minutes from Las Olas Blvd and 6 minutes from the beach, this fully renovated 4 bedroom, 3 bathroom residence offers the perfect blend of modern design and relaxed coastal living. Features include an updated kitchen fully equipped with Thermador appliances, induction cooktop, quartz countertops, and Electrolux washer/dryer. Bright open-concept 3 way split floor plan with spacious formal dining area, porcelain tile throughout, impact windows/doors, PVC plumbing and updated electrical systems. Beautifully redesigned bathrooms feature modern finishes and clean contemporary styling, while the spacious primary suite offers a spa-inspired bath with dual sinks and a freestanding soaking tub. Outdoor spaces were designed for privacy and entertaining, showcasing brand-new travertine patio areas, a stunning saltwater pool, lush landscaping and a fully fenced backyard retreat. A garage for extra storage complement this home. Available fully furnished or unfurnished. Perfectly situated in the heart of Victoria Park, 616 NE 16 Terrace places you moments from Fort Lauderdale Beach, Downtown Fort Lauderdale, premier dining, shopping, nightlife, marinas, gyms, yoga studios and parks. Convenient access to Federal Highway, Brightline station and I-95 allows easy travel throughout South Florida, with Fort Lauderdale-Hollywood International Airport approximately 5 miles away and direct connectivity to Miami and Palm Beach. Adjacent property, 610 NE 16th Terrace, is also available for sale, offered at $1, 650, 000.
Features
- Rooms: 3
- Bedrooms: 4
- Baths: 3 full
- Lot Size: 65x111
- Laundry: In Garage
- Style: Contemporary, Ranch, Mid-Century Modern
- Year Built: 1946
- Garage: 1-car Attached
- Heating: Central, Electric
- Cooling: Central Air, Ceiling Fan(s), Electric, Zoned
- Approx Sq. Feet: 1,962
- Lot Size: 65x111
- Est. Taxes: $18,045
- Lot Desc: Interior Lot, Sidewalks
- View: Garden, Pool
- Elem. School: Harbordale
- Middle School: Sunrise
- High School: Fort Lauderdale
- Pool: Pool/Spa Combo, Salt Water, Private
- Pet Policy: Yes, No Restrictions
- Appliances: Cooktop, Dryer, Disposal, Dishwasher, Ice Maker, Microwave, Oven, Refrigerator, Vented Exhaust Fan, Washer, Wine Refrigerator
- MLS#: B26025892
- Website: https://www.raveis.com
/eprop/B26025892/616ne16thterrace_fortlauderdale_fl?source=qrflyer
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.Listing courtesy of LOKATION
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
616 NE 16th Terrace, Fort Lauderdale, FL, 33304
$1,750,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,400,000 | $1,400,000 | $1,400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.259% | 6.183% |
| Monthly Tax Payment | $1,504 | $1,504 | $1,504 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,394 | $8,507 | $11,814 |
| Total Monthly Payment | $10,023 | $10,136 | $13,443 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388