Price Reduction - Waterfront
Address
5720 NE 27th Ave, Fort Lauderdale, FL
Price
$ 1,400,000
Property Attributes
  • MLS#A11507038
  • TypeIncome
  • CountyBROWARD
  • CityFort Lauderdale
  • Area3240
  • NeighborhoodLAKE ESTATES
  • Zip33308
  • StyleDuplex
  • Year Built1973
  • Taxes$ 20587
  • Price$ 1,400,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2994
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

*Back On Market Due To Buyer Financing Fell Through* Welcome To Your Dream Waterfront Oasis In Lake Estates! Experience The Pinnacle Of Waterfront Living W/ This Exceptional Duplex, Boasting A Stunning 84' Waterfront W/ Dock,Seawall, & Ocean Access. This Property Isn't Just A Home; It's A Lifestyle. Luxuriously Updated For Effortless Living. Fully Renovated, This Property Offers A 100% Turn-Key Experience. Each Detail Has Been Thoughtfully Considered To Provide Comfort & Style. Spanning Nearly 3000 Sq Ft Under Air, The Duplex Is Divided Into A Spacious 3/2 & Cozy 2/2 Units, Both Finished To The Highest Standards & Has Full Hurricane Protection. A Revenue Generator W/ Multiple Possibilities. The Property Currently Thrives As A Short Term Rental, A Robust Revenue Stream. This Will Not Last!

Price History
1/11/2024 Listed $1,575,000
2/13/2024 7% - $1,480,000
5/1/2024 6% - $1,400,000

General Features

Sewer PublicSewer
Heating Central,Electric
Cooling CentralAir,CeilingFans,Electric
Utilities CableAvailable
Possession ClosingFunding
Roof Shingle
Exterior Features Deck,Fence,Lighting,Porch,Patio,StormSecurityShutters
Patio/Porch Features Deck,Open,Patio,Porch
Pool Features None
Construction Materials Block
Year Built 1973
Stories 1
Levels One
Property SubType Duplex
Tax Year 2023
Waterfront Features CanalAccess,CanalFront,OceanAccess,Seawall
County Broward County
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Subdivision Name LAKE ESTATES
Garage Y/N No
Rent Includes None
Status Active
Directions Please Use GPS.
City Fort Lauderdale
Buyer Agent Compensation 2.5%
View Y/N No
Senior Community Y/N No
Zoning Description RD-15
MLS Area 3240
Private Pool No
Waterfront Y/N Yes
Carport Y/N No
Street Name 27th Ave
Listing Terms Cash,Conventional
Property Attached Y/N No
Year Built Details Resale
Land Lease Y/N No
Tax Annual Amount 20587.0
Home Warranty Y/N No
Lease Renewal Y/N No
MLS Area Minor Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://drive.google.com/file/d/1XDbO3aXA-x9B-QoZ2OWybtITnwW0v0O1/view?usp=sharing
Days on Market 116
Standard Status Active
Occupancy Description CallAgent
Property Sub Type Additional Duplex
MobileHomeRemainsYN No
PostalCity Fort Lauderdale
Legal Description LAKE ESTATES 42-1 B LOT 1 BLK 3

Interior Features

Flooring Other,Tile
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Lot Features Item14Acre
Water Source Public
Total Parking 6.0
Spa No
Building Area Total 2994.0
Frontage Length 84
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33308

Price
AVG $1.36M
$1.4M
Taxes
AVG $121,936
$20,587
Visits
AVG 129
196
Data Provided by Inside Real Estate®
Year Built
AVG 1963
1973

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