Home » Fort Lauderdale » 5720 NE 27th Ave, Fort Lauderdale, FL 33308 | A11507038

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

$1,299,000
closed for a price of $1,225,000

Property Highlights

Listing ID A11507038 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Duplex Living Space 2,994 Sqft/278.15 m2 approx. Building Area 2,994 Sqft/278.15 m2 approx. Year Built 1973 Waterfront Time of this property from published date until Closing Date 245 Days

5720 NE 27th Ave, Fort Lauderdale, FL 33308

Property Description: 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.

Useful Info

Contingency:3rd Party Approval
Previous Asking Price:$1,350,000
Original List Price:$1,575,000
Close Price:$1,225,000

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Levels:One
Construction Materials:
  • Block
Flooring:
  • Tile
  • Other
Stories:1
Possible Use:
  • Investment

Property Features

Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Canal Front
  • Seawall
  • Canal Access
Frontage Length:84
Exterior Features:
  • Deck
  • Fence
  • Porch
  • Patio
  • Lighting
  • Storm/security Shutters
Patio and Porch Features:
  • Patio
  • Deck
  • Open
  • Porch
Roof:
  • Shingle
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Ceiling Fan(s)
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$20,587

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Property Tax Status:Tax Reflects No Exemptions

Terms

Documents Available:
  • Financials
  • Inventory
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Subdivision Name:LAKE ESTATES
Senior Community:No

Parking

Parking Total Spaces:6
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available
Water Source:
  • Public

More Details

Other Information:
Tax InformationTax Reflects No Exemptions
Type of AssociationNone
Style Duplex
FEMA Flood Zone DesignationsAE,X
Subdivision Number5
Buyer Country of ResidenceUSA
Buy StateFlorida
Water Access Description:Private Dock

Zoning and Legal

Tax Legal Description:LAKE ESTATES 42-1 B LOT 1 BLK 3
Real Estate Folio Number (Parcel Number):494212050600
Zoning Description:RD-15
Public Survey Range:49
Public Survey Section:12

Listing History

Update/EventDate/Days
Published Date:January 11, 2024 3:15 pm
On Market Date:January 11, 2024
Close Date:September 12, 2024
Price Change Date Time:June 26, 2024 3:55 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:September 23, 2024 9:48 am
Status Last Changed:September 23, 2024 9:48 am
Photos Last Modified:June 26, 2024 9:38 pm
Last Modified:September 23, 2024 1:48 pm
Days on the Market Reference Date:September 23, 2024
Days on the Market (updated on Last Modified*):223
Cumulative Days on the Market (updated on Last Modified**):223

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos:76
Location:,,Less Than 1/4 Acre Lot
Included:,,
Geographical Area:Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
Area:3240
Automated Valuation Display:Yes
Courtesy of:EXP Realty, LLC.
Universal Property Id:US-12011-N-494212050600-R-N

Location

Show Property Address:Yes
Street Name:27th Ave
Street Number:5720
Street Direction Prefix:NE
Street Address:5720 NE 27th Ave
City : Fort Lauderdale
State : Florida
Zip Code : 33308
County : Broward
Full Address:5720 NE 27th Ave, Fort Lauderdale, FL 33308
Latitude:N26° 11' 56''
Longitude:W81° 53' 27.1''

Neighborhood

Postal City:Fort Lauderdale

Property Map