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

1,299,000(-5.7% )
$1,225,000Price
2,994SqFt

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Size: 2,994 ft2 / 278 m2
Price: $409 ft2 / $4,404 m2
Built: 1973
MLS Number: A11507038
On Site: 296 Days
Updated: 40 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
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 Comparative Market Analysis
$300/ft²
$500/ft²
$800/ft²
$1,100/ft²

Unit 5720 NE 27th Ave – Asking

$409/ft²

(-31%) from Closed Medium $/ft²

Closed Medium $/ft²

$597/ft²
Community $/Price Range (Closed) $409/ft² – $962/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.
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