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$825,000

Beds
5
Baths
3.0
sq ft
1,942

1601 SW 20th Ave, Fort Lauderdale, FL 33312

1601 SW 20th Ave

Fort Lauderdale, FL 33312

  • 59 days on market
    • Price drop $25,000↓
Welcome to this exceptional property located in the sought-after Shady Banks neighborhood, with one street in and one street out, AKA as the Hidden Gem, featuring two separate dwellings for flexible living arrangements or investment potential. The main residence boasts a 3/1 with open-concept living and dining spaces, all protected by impact windows for peace of mind. The back house offers a unique setup with two studio apartments, each with private entrances, oversized attic for storage, separate laundry, and perfect for guests or rental income. A spacious backyard features a double-gate entrance, large patio, and ample space for RV or boat storage. Enjoy the convenience of two parks in Shady Banks and the short drive to Fort Lauderdale’s vibrant downtown, airport and beautiful beaches.

Details

Property type

Single Family Residence

Est. home value

$710,657

Lot size

9,728 sq ft

Price per sq ft

$425

Year built

1958

Annual property taxes

$10,379

Price History

10/17/2024
Beaches

Beaches #F10462382

Price change
$825,000
-2.94%
09/24/2024
Beaches

Beaches #F10462382

Listed
$850,000
+95.4%
08/06/2019
Beaches

Beaches #F10185859

Sold
$435,000

Schools & Community

Neighborhood: 

Shady Banks

Elementary school: 

Croissant Park

Middle school: 

New River

High school: 

Stranahan

Community features: 

Playground, Park

Seller’s Loan History

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

Lender

Fairway Independent Mortgage Corp

Loan start date

October 2021

Original loan amount

$532,000

Est. remaining balance

Not provided

Interest rate

2.87%

Loan type

New Conventional

Seller

Samantha Marie Thomas and Matthew Deymond Fugler

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?

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Status: Active

Tomo last checked: 11/21/2024 at 10:05 PM

Listing updated: 10/17/2024 at 12:00 PM

Listed by: Megan Green, Compass Florida, LLC Phone #: (305) 851-2820

MLS: Beaches #F10462382

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