3 months on rocket

411 NW 7th Ter, Fort Lauderdale, FL, 33311

$520,000

Home List Price

$6,175*

Closing Credit

2 Bedrooms
1 Full Bath
875 SqFt
$594/SqFt
House
Schools Nearby

Location

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411 NW 7th Ter, Fort Lauderdale$520,000

Buyer Closing Credits

$6,175*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1994
HeatingCentral
CoolingCentral Air
ViewOther
MLS #A11508522
StatusActive

About 411 NW 7th Ter

Great Investment Opportunity - Ideal for Investors! This property is strategically zoned for Multi-Family or Townhome development (RMM-25 - RESIDENTIAL MULTIFAMILY MID RISE/MEDIUM HIGH DENSITY) making it a prime investment in a burgeoning industrial area. Act quickly to secure this valuable piece of land before it's snapped up. With a generous lot size exceeding 10,000 square feet, this blank canvas is awaiting your vision. Bring your hard hat and skilled crew to construct a duplex, triplex, or townhomes, ensuring a lucrative stream of future rental income. Don't miss out on this chance to capitalize on the growth in the area and elevate your real estate portfolio. OPEN HOUSE - 1/13 from 3-5pm.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, One Story
  • Year Built: 1994
  • Stories: 1
  • Living Area: 875 SqFt

Listing Office:

  • Office Name: LPT Realty
  • Office Phone: (877) 366-2213
  • Listing Agent: Milette Watkins

Interior Features

Interior Information:

  • Appliances: Microwave, Refrigerator
  • Flooring Type: Carpet
  • Interior: Bedroom on Main Level, First Floor Entry

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Other, Shed

Parking Information:

  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 411 NW 7th Ter

Virtual Tour

Lot Features

Lot Information:

  • Lot: Oversized Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Fort Lauderdale High School, Public Magnet Grades 9-12
  • Sunrise Middle School, Public Magnet Grades 6-8
  • Walker Elementary School, Public Magnet Grades PK-5

Other

Directions Information:

  • Directions: See GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $520,000
  • Price Per SqFt: $594/SqFt

Tax Information:

  • Annual Amount: $2,336
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$475K

Med. Price/SqFt

$366

Avg. Days On Market

66

# of Sold Homes

137

411 NW 7th Ter vs Fort Lauderdale

115 DAYS ON ROCKET

+49 Days

$520,000

+$44.9K More

$594/SqFt

+$228 More

KEY TAKEAWAY

This property is $44.9K more than the Median Sold Price and $228/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: #A11508522

Listing Office:

  • Office Name: LPT Realty
  • Office Phone: (877) 366-2213
  • Listing Agent: Milette Watkins

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: 4/30/2024, 8:25:15 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$2,336$177,510
2019$2,148$107,140
2018$1,946$97,400
2017$1,946$96,780

History based on county public records data.

Payment Calculator

$2,663

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,625

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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-3596254
1
/10
  • Walker Elementary School

  • 1001 NW 4th St

  • 0.25 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-3596255
4
/10
  • Sunrise Middle School

  • 1750 NE 14th St

  • 2.16 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-3596256
6
/10
  • Fort Lauderdale High School

  • 1600 NE 4th Ave

  • 1.78 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,765. The most common annual income of people living in Fort Lauderdale, FL is less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 411 NW 7th Ter

What is the listing price of this property?

The listing price of 411 NW 7th Ter property is $520,000.

What type of property is this?

The property 411 NW 7th Ter is a house located in Fort Lauderdale, Florida, 33311.

Is this property for sale now?

Active Listing: 411 NW 7th Ter is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 411 NW 7th Ter are:
Walker Elementary School: GreatSchools Rating 1/10
Sunrise Middle School: GreatSchools Rating 4/10
Fort Lauderdale High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,336 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 411 NW 7th Ter has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 411 NW 7th Ter is 875 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 411 NW 7th Ter is 1994.

Rocket HomesFloridaBroward CountyFort Lauderdale33311411 NW 7th Ter

This home is located at 411 NW 7th Ter in Fort Lauderdale, FL and zip code 33311 in the Dorsey-Riverbend neighborhood. This 875 square foot home was built in 1994. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 06, 2024 and is currently priced at $520,000.

Over 15 listings were sold over their listed price in March 2024 in Fort Lauderdale, FL. In the same period over 104 listings were sold below the listed price and 18 listings were sold for the listed price. In March 2024 in Fort Lauderdale, FL there were 10% more homes for sale than in February 2024. Listings spent 66 days on the market in March 2024, and had a median list price of $475,006 during the same period.

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

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