Closed

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

1,299,000(-5.7% )
2,994SqFt

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Details

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Status:
Sold - Sep 12, 2024
Size: 2,994 SqFt (278 m2)
Price: $409/SqFt ($4,404/m2)
Type: Multi Family
Built: 1973
MLS Number: A11507038
On Site: 580 Days
Updated: 324 Days ago
Page Views: 0
Price improvement! Amazing ocean access waterfront duplex located in the heart of ft. Lauderdale! This duplex is the perfect investment property and is already registered with air bnb & licensed for vacation rentals. Experience this stunning 84' waterfront w/ Dock, seawall, & ocean access. Luxuriously updated for effortless living. Fully furnished & 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 is divided into a spacious 3/2 & cozy 2/2 units, both finished to the highest standards & has hurricane protection. A revenue generator w/ Multiple possibilities. The property currently thrives as a short term rental & strong revenue stream. Sold fully furnished.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Deck, Fence, Lighting, Porch, Patio, StormSecurityShutters
      Interior, Heating and Cooling
      • Heating Description: Central,Electric
      • Cooling Description: CentralAir, CeilingFans, Electric
      Building and Construction
      • Floor Description: Other,Tile
      • Year Built: 1973
      • Year Built Description: Resale
      Waterfront and Water Access
      • Waterfront Frontage: Yes
      School Information
        Other Property Info
        • Listing Date: 2024-01-11T15:15:19.000-00:00
        Taxes, Fees & More
        • Taxes: 20587

        Price History

        09/12/2024

        Date

        Sold

        Event

        $1.2M

        Price

        -5.7%

        Change Rate

        $409 ft2 / $4,404 m2

        Price Per

        06/26/2024

        Date

        Price Reduced

        Event

        $1.3M

        Price

        -3.78%

        Change Rate

        $434 ft2 / $4,670 m2

        Price Per

        05/16/2024

        Date

        Price Reduced

        Event

        $1.4M

        Price

        -3.57%

        Change Rate

        $451 ft2 / $4,854 m2

        Price Per

        05/01/2024

        Date

        Price Reduced

        Event

        $1.4M

        Price

        -5.41%

        Change Rate

        $468 ft2 / $5,033 m2

        Price Per

        02/13/2024

        Date

        Price Reduced

        Event

        $1.5M

        Price

        -6.03%

        Change Rate

        $494 ft2 / $5,321 m2

        Price Per

        01/02/2024

        Date

        Listed

        Event

        $1.6M

        Price

        $526 ft2 / $5,662 m2

        Price Per

        Price per square foot and days on website are not provided values and are calculated by Subdivisions.

        Listed by Damon PennEXP Realty, LLC. • Buyer Agency Compensation .

        Instant Comps

        $300/ft²
        $400/ft²
        $600/ft²
        $900/ft²

        Unit 5720 NE 27th Ave – Asking

        $409/ft²

        (-4%) from Closed Medium $/ft²

        Closed Medium $/ft²

        $425/ft²
        Community $/Price Range (Closed) $409/ft² – $740/ft²
        No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
        THINKING OF SELLING IN Lake Estates at Fort Lauderdale?

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