1232 NE 16th Ter, Fort Lauderdale FL 33304

Welcome to Progresso, a beautifully transformed detached duplex in one of Fort Lauderdale’s most desirable locations. Built in 1952 and fully reimagined for modern living, this residential income property offers two independent, energy-efficient homes with a combined 7 bedrooms and 5 bathrooms.

The property includes approximately 2,177 square feet of living area and features central air conditioning, central heating, impact windows and doors, hardwood floors, quartzite countertops, and elegant rainfall showers. Both residences are bright, spacious, and thoughtfully designed, combining architectural style with comfortable indoor and outdoor living.

House 1 offers 4 bedrooms, 3 bathrooms, 4 parking spaces, two decks, and a private outdoor kitchen. House 2 includes 3 bedrooms, 2 bathrooms, 2 parking spaces, a patio, and a peaceful garden. Marble driveways, custom outdoor lighting, flowering trees, a pergola, and carefully placed sculptures create a special atmosphere that is equally appealing during the day and at night.

Both homes are licensed five-star Airbnb properties and are currently popular with guests. The property generates approximately $158,000 in annual gross revenue, with insurance costing about $3,000 per year. Furniture is negotiable, and a survey is ready to split the two homes into separate folios, offering excellent flexibility for investors.

Located in Broward County, 1232 NE 16th Ter, Fort Lauderdale FL 33304 is only about four minutes from Central Beach, major shopping malls, and Las Olas Boulevard, with Victoria Park just two blocks away. Residents enjoy the South Florida lifestyle, including warm year-round weather, beautiful beaches, waterfront dining, nightlife, cultural attractions, and convenient infrastructure. Miami is also easily accessible for additional entertainment, international travel, and business opportunities.

This is an exceptional investment opportunity in the Progresso subdivision. Please do not disturb guests. For more information or to schedule a private conversation, call or text/WhatsApp +1 786.468.4380.