16 TER, FL, FL 33311

Parcel: 504204170220 · 01 · Zoning:

Assessed Value (2026)
$286,750

Property Details

Year Built
1951
Lot Sqft
5,000

Sales History

1
$270,000
2022-05-20
2
$100non-market transfer
2022-07-11
3
$315,000
2024-09-18

Tax Assessment History

$286,750
Assessed (2026)
$311,440
Market Value
$286,750
Taxable Value
$5,838
Annual Tax
2025
$552,755
$0
2026
$286,750
$311,440
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $286,750 $311,440 $286,750 $5,838
2025 $552,755 $ $260,690 $5,307

About 16 TER, FL, FL 33311

16 TER, FL, FL 33311 is a property built in 1951 on a 5,000 square foot lot. The property is currently owned by PALACIOS,RICHARD PALACIOS,RICHARD JR, recorded as of 2026-04-26. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2024-09-18 for $315,000. The property has appreciated $314,900 (314900%) since the prior sale of $100 on 2022-07-11. There are 3 recorded sales for this property.

The 2026 assessed value is $286,750 with a market value of $311,440. This breaks down to $15,000 for the land and $296,440 for the building. The assessed value decreased 48% from $552,755 in 2025.

The property has the following tax exemptions: homestead. There are active mortgage liens totaling $230,738 recorded against this property. 16 TER, FL, FL 33311 is located in FL, Florida.

Property records, tax assessments, sales history, and ownership information for this FL property are sourced from broward County public records. The complete ownership history of this property spans from 2022 to 2024, with 3 recorded transactions in the public record. The current assessed value represents 91% of the most recent sale price..

Current Owner

PALACIOS,RICHARD PALACIOS,RICHARD JR
816 NW 16 TER, FORT LAUDERDALE, FL, 33311
Since: 2026-04-26
View owner profile →

Est. Annual Insurance

$3,668 — $6,793
Flood $400 — $800
Property/Wind $3,268 — $5,993

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood 33311

46.1%
Owner-Occ
53.9%
Investor
829
Flips (4yr)
9,097
New Biz (3yr)
Distress Risk
ELEVATED
56
View full risk analysis →

Mortgages

ACTIVE
$235,000
~$230,738 bal.
EDUCATIONAL FCU · 2024-09-18
1 satisfied mortgage
SATISFIED 2022-05-25
$197,250
CHANGE LENDING LLC
Est. Total Balance $230,738
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.