2 months on rocket

1137 SW 8th Ter, Fort Lauderdale, FL, 33315

$725,000

Home List Price

$8,609*

Closing Credit

0 Baths
1,596 SqFt
$454/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1137 SW 8th Ter, Fort Lauderdale$725,000

Buyer Closing Credits

$8,609*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTriplex
Year Built1949
HeatingWall Furnace
CoolingCeiling Fan(s), Wall/Window Unit(s)
MLS #A11511694
StatusActive

About 1137 SW 8th Ter

Great opportunity to own a Turnkey investment in the heart of Tarpon River. Three separate 1 bedroom units make up this non-conforming triplex. All units have been fully updated. Front unit has a separate entrance with a private courtyard. Mini-split AC systems in all units. Property has an active vacation rental license in place and is operating as the Blue House with adjacent property at 817 SW 12th Street -separate listing. Property can be purchased separate or combined. Currently all units are rented as short-term rentals. Financials for business operation available on request. Seller Financing Available! NON-CONFORMING TRIPLEX! 1 METER ONLY!

Property Details

Property Features

Property Information:

  • Year Built: 1949
  • Stories: 1
  • Living Area: 1,596 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Natalie Rivero

Interior Features

Interior Information:

  • Flooring Type: Tile

Virtual/3D Tour

  • Virtual Tour: 1137 SW 8th Ter

Virtual Tour

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Stranahan High School, Public Magnet Grades 9-12
  • New River Middle School, Public Magnet Grades 6-8
  • Croissant Park Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $725,000
  • Price Per SqFt: $454/SqFt

Tax Information:

  • Annual Amount: $6,950
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Fort Lauderdale, FL.

Med. Sold Price

$466.5K

Med. Price/SqFt

$365

Avg. Days On Market

66

# of Sold Homes

101

1137 SW 8th Ter vs Fort Lauderdale

71 DAYS ON ROCKET

+5 Days

$725,000

+$258.4K More

$454/SqFt

+$89 More

KEY TAKEAWAY

This property is $258.4K more than the Median Sold Price and $89/SqFt more than other homes in Fort Lauderdale, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11511694

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Natalie Rivero

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/29/2024, 7:25:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,950$345,820
2019$5,823$396,130
2018$5,215$281,300
2017$5,215$291,490

History based on county public records data.

Payment Calculator

$3,686

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,240

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7871751
5
/10
  • Croissant Park Elementary School

  • 1800 SW 4th Ave

  • 0.71 miles

  • Public District Grades KG-5

Middle School

school-card-donut-7871752
3
/10
  • New River Middle School

  • 3100 Riverland Rd

  • 2.48 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-7871753
3
/10
  • Stranahan High School

  • 1800 SW 5th Pl

  • 0.92 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,742. The most common annual income of people living in Fort Lauderdale, FL is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Tarpon River, Fort Lauderdale

What type of housing is available in Tarpon River, Fort Lauderdale?

Around 40% of properties in Tarpon River were constructed in the 1960s and 1970s, while the majority of the remaining buildings were built pre-1960 and in the 2000s. In this part of Fort Lauderdale, about 40% of dwellings are large apartment buildings, while the remainder are mainly single detached homes and townhouses. Roughly 60% of the dwellings in the neighborhood are occupied by homeowners and 40% are rented. This part of the city is primarily composed of three bedroom and two bedroom homes.

Is Tarpon River, Fort Lauderdale a good place to live?

Tarpon River offers a slower-paced atmosphere and will appeal to home buyers who enjoy spending time outdoors. Public green spaces are easy to access since there are a few of them close by for residents to check out. The noise levels in this neighborhood are also reasonably low, as the streets are usually quite tranquil - although that is not the case around the railway line.

Are things conveniently located in Tarpon River, Fort Lauderdale?

In Tarpon River, locals will typically be able to access primary schools by walking. However, there are no high schools in this area. As far as food is concerned, the closest grocery store in Tarpon River is usually only a rather short walk away. Additionally, those who like to dine in restaurants or cafes will have a good number of opportunities in Tarpon River.

What does the transportation in Tarpon River, Fort Lauderdale look like?

This neighborhood is conducive to walking; many daily needs can be met without having to use a car, and numerous businesses are reasonably nearby. Driving is a good transportation option in Tarpon River. Most properties for sale are a rather short car ride from the nearest highway, and it is straightforward to come across a place to park. On the other hand, this neighborhood is not particularly transit friendly. Nevertheless, the neighborhood is linked by a few bus lines, and bus stops are not very far-removed from most houses.

Powered by Local Logic


Rocket HomesFloridaBroward CountyFort Lauderdale333151137 SW 8th Ter

This home is located at 1137 SW 8th Ter in Fort Lauderdale, FL and zip code 33315 in the Tarpon River neighborhood. This 1,596 square foot home was built in 1949. It has been listed on Rocket Homes since January 18, 2024 and is currently priced at $725,000.

Over 10 listings were sold over their listed price in February 2024 in Fort Lauderdale, FL. In the same period over 73 listings were sold below the listed price and 18 listings were sold for the listed price. The number of listings in Fort Lauderdale, FL increased by 16.1% between January 2024 and February 2024. Listings spent 66 days on the market in February 2024, and had a median list price of $466,582 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More Resources