Broward County, Fort Lauderdale, FL 33311
3 bd2 ba1,360 sfBuilt 1951
Gross spread$115,000
Description
Call or Text CJ: [contact details hidden] Property Highlights CBS construction in Fort Lauderdale. 1,360 Sq Ft of living area — larger than the two recently sold 3/2 comps below. Roof replaced in 2016. 2023 Mini-Split HVAC systems. Solar panels installed in 2022 and will be PAID OFF at closing. Water heater installed in 2017. GE electrical panel. Strong value-add opportunity requiring primarily interior renovations. REPAIRS NEEDED Property needs interior updating, including: Flooring Kitchen renovation Bathroom renovations Paint, fixtures, and general cosmetic improvements Several major-ticket items have already been addressed, including the roof, HVAC mini-splits, water heater, and solar installation. ARV BREAKDOWN Comp #1 – 2931 NW 5th Court, Fort Lauderdale, FL 33311 Pending: $419,000 5 Bed / 2 Bath 1,296 Sq Ft Built 1959 6,332 Sq Ft Lot Updated condition Roof approximately 3 years old Key Takeaway: This property is 64 Sq Ft smaller than the subject property and is currently pending at $419,000. Comp #2 – 535 NW 29th Terrace, Fort Lauderdale, FL 33311 SOLD: $390,000 3 Bed / 2 Bath 1,313 Sq Ft Built 1955 7,202 Sq Ft Lot Key Takeaway: This is a strong 3/2 comparison, but at 1,313 Sq Ft, it is still smaller than the subject property's 1,360 Sq Ft. It sold for $390,000. Comp #3 – 2840 NW 8th Street, Fort Lauderdale, FL 33311 SOLD: $380,000 3 Bed / 2 Bath 1,087 Sq Ft Built 1961 5,501 Sq Ft Lot Renovated condition Key Takeaway: This 3/2 sold for $380,000 despite having only 1,087 Sq Ft. The subject property is 273 Sq Ft larger — approximately 25% more living area. STRONG SIZE ADVANTAGE The two SOLD 3-bedroom / 2-bath comps provide strong support for the subject property's upside: 535 NW 29th Terrace:1,313 Sq Ft → SOLD $390,000 2840 NW 8th Street:1,087 Sq Ft → SOLD $380,000 SUBJECT PROPERTY: 1,360 SQ FT The subject is larger than BOTH sold 3/2 comps, including being 273 Sq Ft larger than the $380K sale. call or text CJ at [contact details hidden].
$/sqft vs market
Median of 49 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.
Property
Systems & condition
Self-reported by the seller. Not inspected.
Seller
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