16 TER, FL, FL 33315

Parcel: 504221500610 · 01 · Zoning:

Assessed Value (2026)
$456,310

Property Details

Year Built
2020
Lot Sqft
1,835

Sales History

1
$344,900
2019-11-20
2
$530,000+54%
2023-04-28
3
$530,000
2023-05-02

Tax Assessment History

$456,310
Assessed (2026)
$480,200
Market Value
$406,310
Taxable Value
$8,272
Annual Tax
2025
$842,469
$0
2026
$456,310
$480,200
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $456,310 $480,200 $406,310 $8,272
2025 $842,469 $ $394,880 $8,039

About 16 TER, FL, FL 33315

16 TER, FL, FL 33315 is a property built in 2020 on a 1,835 square foot lot. The property is currently owned by SCHERMER,JEFFREY, recorded as of 2026-03-30. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2023-05-02 for $530,000. There are 3 recorded sales for this property. The 2026 assessed value is $456,310 with a market value of $480,200.

This breaks down to $40,370 for the land and $439,830 for the building. The assessed value decreased 46% from $842,469 in 2025. There are active mortgage liens totaling $461,011 recorded against this property.

16 TER, FL, FL 33315 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 2019 to 2023, with 3 recorded transactions in the public record.

The current assessed value represents 86% of the most recent sale price..

Current Owner

SCHERMER,JEFFREY
2823 SW 16 TER, FORT LAUDERDALE, FL, 33315
Since: 2026-03-30
View owner profile →

Est. Annual Insurance

$3,000 — $5,134
Flood $400 — $800
Property/Wind $2,600 — $4,334

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 33315

55.6%
Owner-Occ
44.4%
Investor
153
Flips (4yr)
2,372
New Biz (3yr)
Distress Risk
ELEVATED
56
View full risk analysis →

Mortgages

ACTIVE
$477,000
~$461,011 bal.
UNITED WHOLESALE MORTGAGE LLC · 2023-05-02
2 satisfied mortgages
SATISFIED 2022-07-29
$260,000
BRADESCO BAC FLORIDA BANK
SATISFIED 2022-07-12
$241,400
TLAU LLC
Est. Total Balance $461,011
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.