1455 SW 16th Terrace, Fort Lauderdale FL 33312, Fort Lauderdale
$525,000
Fort Lauderdale, FL, 33312
Property details
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,226 sqft
- Year built
- 1957
- Type
- Single Family Residence
- Days on market
- 7
- MLS #
- B26046498
Listing courtesy of Douglas Elliman · 954-874-0740. Listing agent: Rosemary S Purswell. MLS data last updated 2026-07-10.
Description
Situated in desirable Shady Banks, this home offers strong renovation potential in an established east Fort Lauderdale neighborhood. Just one street from Hortt Park and minutes to downtown, marinas, the airport, and major routes, the location offers easy access to recreation, waterfront amenities, and everyday convenience. Enjoy a relaxed outdoor lifestyle with nearby parks, tennis, volleyball, fitness stations, nature trails, and boating views along the New River. The home features terrazzo flooring, abundant natural light, inside laundry/pantry off the kitchen, and a large fully fenced lot with a spacious backyard and room for a pool. One way in and out, surrounded by the river, Shady Banks is a true hidden gem.
1455 SW 16th Terrace, Fort Lauderdale FL 33312, Fort Lauderdale — for sale, listed for $525,000 (3 bed, 2 bath, 1,226 sqft).
$428/sqft · 61% percentile · based on 159 3-bed listings for sale in 33312 (median $395/sqft).
Asking price vs the market
Compared with the other 159 3-bed listings for sale in 33312, this home asks $428/sqft — the group median is $395/sqft.
That places it above the market midpoint (61% percentile).
n=159 · 2026-07-28 · Methodology
ZIP vs city price level
Active listings like this in ZIP 33312 show a median asking $395/sqft — 17.5% below the Fort Lauderdale median asking of $479/sqft.
n=159 · 2026-07-28 · Methodology
Browse this price segment
n=934 · 2026-07-28 · Methodology
Run the numbers
Local market report
Are sellers cutting prices here?
35% of the 161 active 3-bed listings for sale in 33312 have reduced their asking price at least once — a direct read on seller flexibility in this segment.
n=161 · 2026-07-28 · Methodology
Time on market
This listing has been on the market 7 days; the median across 161 3-bed listings for sale in 33312 is 34 days.
n=161 · 2026-07-28 · Methodology
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-28 · Methodology
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