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$949,000

Beds
2
Baths
2.0
sq ft
1,117

1525 SW 18th Ter, Fort Lauderdale, FL 33312

1525 SW 18th Ter

Fort Lauderdale, FL 33312

  • 1 day on market
    • Open house Jan 12
Welcome to your dream waterfront retreat in Shady Banks! This stunning home offers the perfect outdoor paradise. Boasting vaulted ceilings and a spacious split-bedroom floor plan, the layout is ideal for both privacy and entertaining. The heart of the home is the oversized, chef-inspired kitchen– perfect for cooking and gathering. Step outside to your own personal oasis! The backyard is an entertainer’s dream, featuring a brand new, gorgeous pool w/ heater & chiller. Enjoy the serene waterfront views from the large deck, complete with a new boat lift. The tiki hut adds a tropical flair, offering the perfect spot to watch the boats go by. Located in the highly sought-after Shady Banks neighborhood and only two houses from the New River, this home is truly a rare find in Fort Lauderdale.

Details

Property type

Single Family Residence

Est. home value

$900,038

Property condition

Updated/Remodeled

Lot size

6,000 sq ft

Price per sq ft

$850

Year built

1953

Annual property taxes

$12,927

Price History

01/07/2025
Beaches

Beaches #F10478707

Listed
$949,000
+35.57%
08/20/2021
Beaches

Beaches #F10292404

Sold
$699,999
+35.92%
02/12/2021
Beaches

Beaches #F10262926

Sold
$515,000
+38.07%

Schools & Community

Neighborhood: 

Shady Banks

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Playground, Park, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$410,400
Asking price
$949,000
Closing costs (~8% of asking)
-$75,920
Est. remaining loan balance
-$462,680
Cash to seller
$410,400

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Gold Star Mortgage Financial Group Corp

Loan start date

August 2021

Original loan amount

$498,750

Est. remaining balance

$462,680

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Stephen Morse

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/08/2025 at 12:00 PM

Listing updated: 01/07/2025 at 1:35 PM

Listed by: Tara Quailey, Douglas Elliman Phone #: (954) 874-0740

MLS: Beaches #F10478707

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