5940 SW 37th Ave

Own in Fort Lauderdale?
6
Beds
3
Baths
7,477
SqFt
$667
$/SqFt
House
Built in 2025
Two Story
Barbecue
NEW CONSTRUCTION ~Blt. 2025
New Construction is the listings in the subdivision built in the last 2 years and in most cases never been occupied.
Rare opportunity to acquire a brand-new construction 7,500+ sq ft private compound on approx. 0.5 acre in Fort Lauderdale, pre-built with infrastructure to support conversion into a single-family residence, subject to city requirements. Currently configured as a high-end institutional-style property, the layout offers exceptional scale, privacy, and flexibility for a luxury residence, multi-generational estate, private family compound, or live/work-style estate. The property features a grand central gathering space that can be reimagined as an open-concept living room, formal entertaining area, theater, lounge, or recreation space. Additional areas include a dining/social hall, study/library with built-ins, multiple bathrooms, offices, kitchen/dining setup, outdoor kitchen, gym/fitness room, game room, attached private living area, and an upstairs 2-bedroom / 1-bath apartment ideal for guests, in-laws, extended family, staff, caretaker use, or live-in help. With costly infrastructure already in place, this property offers a head start for a buyer seeking a custom private estate. Parking for approx. 25–30 vehicles is ideal for large families, entertaining, staff, guests, or car collectors. An optional 17,000 sq ft rear lot may also be available, offering upside for a pool, guest house, sports court, garden, or expanded estate grounds. A unique South Florida property combining new construction, scale, privacy, infrastructure, and residential conversion potential.
MLS Number: A12018025
On Site: 135 Days
Updated: 71 Days ago
Page Views: 0
See something off? Wrong price, photos, beds, or a status that already changed.

Features

Bedrooms
  • Bedrooms: 6
Bathrooms
  • Bathrooms: 3
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Barbecue, SecurityHighImpactDoors, TennisCourts
  • View: Other
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, FirstFloorEntry
  • Equipment / Appliances: BuiltInOven, Dryer, ElectricRange, Freezer, Refrigerator, Washer
  • Heating Description: Central
  • Cooling Description: Electric
Building and Construction
  • Floor Description: Tile
  • Year Built: 2025
  • Year Built Description: New Construction
  • Style: TwoStory
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
  • Middle School: Attucks
  • Senior High School: Hollywood Hl High
Other Property Info
  • Garage: No info
  • Listing Date: 2026-06-01T18:15:23.000-00:00
  • Directions: West
Taxes, Fees & More
  • Taxes: 34641
  • Parking Description: CircularDriveway, Guest

Apples-to-Apples Comparables

 Closest-Match Comparables
See closest-match comps for this subdivision
No obligation
Verified
Trends
Insights
Best of Luxury Realty
Talk to a local advisor
Licensed advisors answering your questions across Fort Lauderdale, FL
01
Licensed Brokerage
02
Local Advisors
03
Direct Answers
Exclusive real estate service partner

Price History

Current
$5M
High
$5.5M
Low
$5M
Total Change
-9.3%
$5.6M$5.2M$4.9MMay 26Aug 26
Date
Event
Price
Change
Price Per
08/03/2026
Price Reduced
$5M
-9.26%
$667 ft2
$7,184 m2
05/12/2026
Listed
$5.5M
 
$735 ft2
$7,916 m2
08/03/2026
$5M
Event
Price Reduced
Change
-9.26%
Price Per
$667 ft2
$7,184 m2
05/12/2026
$5.5M
Event
Listed
Price Per
$735 ft2
$7,916 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Gil Grafi • United Realty Group Inc • Buyer Agency Compensation .
Tour This Property
Choose an in-person or video tour with a licensed local advisor
A local advisor will confirm availability
Ready to Make an Offer?
Get expert guidance from a local advisor

Peer Listings

Active listings from matched communities
Results 0 of 0
No listings found
Try adjusting your filters or changing your location to see available listings
Turn on listing alerts and we'll notify you
when matching listings appear

Other Fort Lauderdale, FL Homes & Condos Price Range Segments