3 months on rocket

Backup Offers

5720 NE 27th Ave, Fort Lauderdale, FL, 33308

$1,480,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,994 SqFt
$494/SqFt
Multi
Schools Nearby

Location

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5720 NE 27th Ave, Fort Lauderdale$1,480,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1973
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontCanal, Ocean Access, Seawall
MLS #A11507038
StatusAccepting Backup Offers
(Active Under Contract)

About 5720 NE 27th Ave

*Price Adjustment* All Offers Considered! Welcome To Your Dream Waterfront Oasis In The Prestigious Lake Estates! Experience The Pinnacle Of Waterfront Living W/ This Exceptional Duplex, Boasting A Stunning 84' Private 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!

Property Details

Property Features

Property Information:

  • Year Built: 1973
  • Stories: 1
  • Living Area: 2,994 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC.
  • Office Phone: (954) 281-9543
  • Listing Agent: Damon Penn PA

Interior Features

Interior Information:

  • Flooring Type: Other, Tile

Exterior Features

Exterior Information:

  • Waterfront: Canal, Ocean Access, Seawall
  • Exterior: Deck, Fence, Lighting, Porch, Patio, Storm/Security Shutters

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

School Info

Assigned Schools Information:

  • Northeast High School, Public Magnet Grades 9-12
  • Pompano Beach Middle School, Public Magnet Grades 6-8
  • McNab Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Please Use GPS.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,480,000
  • Price Per SqFt: $494/SqFt

Tax Information:

  • Annual Amount: $11,656
  • Tax Year: 2020
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Housing Market Comparison

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

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Fort Lauderdale, FL

City

Med. Sold Price

$475K

Med. Price/SqFt

$366

Avg. Days On Market

66

# of Sold Homes

137

5720 NE 27th Ave vs Fort Lauderdale

107 DAYS ON ROCKET

+41 Days

$1,480,000

+$1.0M More

$494/SqFt

+$128 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $128/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: #A11507038

Listing Office:

  • Office Name: EXP Realty, LLC.
  • Office Phone: (954) 281-9543
  • Listing Agent: Damon Penn PA

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: 4/28/2024, 2:25:14 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$11,656$706,310
2019$8,819$448,400
2018$8,079$407,640
2017$8,079$475,930

History based on county public records data.

Payment Calculator

$7,454

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,504

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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-1841433
7
/10

  • McNab Elementary School

  • 1350 SE 9th Ave

  • 1.06 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1841434
3
/10

  • Pompano Beach Middle School

  • 310 NE 6th St

  • 2.67 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1841435
1
/10

  • Northeast High School

  • 700 NE 56th St

  • 1.77 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,090. The majority of Fort Lauderdale, FL residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Broward County›Fort Lauderdale›33308›5720 NE 27th Ave

This home is located at 5720 NE 27th Ave in Fort Lauderdale, FL and zip code 33308 in the Lake Estates neighborhood. This 2,994 square foot home was built in 1973. It has been listed on Rocket Homes since January 11, 2024 and is currently priced at $1,480,000.

In March 2024 more than 15 listings in Fort Lauderdale, FL were sold above the asking price. During the same period more than 18 listings were sold at asking price, while more than 104 were sold below. The inventory of homes for sale in Fort Lauderdale, FL between February 2024 and March 2024 increased by 10%. While the average time on the market in March 2024 was 66 days, the median list price was $475,006.

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

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