tomo logo

$3,650,000

Beds
3
Baths
3.5
sq ft
4,082

2425 Middle River Dr, Fort Lauderdale, FL 33305

2425 Middle River Dr

Fort Lauderdale, FL 33305

  • 4 days on market
Spectacular oversized corner waterfront lot, 19k sq ft. This private compound has 40-ft dock and breathtaking views of the Middle River. The property is a true gem, offering endless potential with tons of privacy. The 4795 sq ft home features 3 bedrooms and 3.5 bathrooms, awaiting your finishing touches or expansion. The moment you step through the door, you're greeted by expansive water views, floor-to-ceiling impact windows/doors, volume ceilings and extensive woodwork. Custom lagoon-style pool with waterfall and large covered patio with outdoor kitchen, perfect for entertaining. Hop on your boat, kayak, or paddle board right from your backyard and just enjoy the peacefulness. Bayview school district & less than a mile to the beach. This is rare opportunity to own a piece of paradise.

Details

Property type

Single Family Residence

Est. home value

$3,042,048

Property condition

Updated/Remodeled

Lot size

0.44 acres

Price per sq ft

$895

Year built

1952

Annual property taxes

$23,914

Monthly HOA fee

$4.17

Price History

03/27/2025
Beaches

Beaches #F10494687

Listed
$3,650,000
+160.71%
12/28/2018
Beaches

Beaches #F10140387

Sold
$1,400,000

Schools & Community

Neighborhood: 

Coral Ridge

Elementary school: 

Bayview

Middle school: 

Sunrise

High school: 

Fort Lauderdale

Community features: 

Street Lights, Sidewalks

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

$2,449,024
Asking price
$3,650,000
Closing costs (~8% of asking)
-$292,000
Est. remaining loan balance
-$908,976
Cash to seller
$2,449,024

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

Seller’s Loan History

Lender

Fembi Mortgage

Loan start date

March 2021

Original loan amount

$1,000,000

Est. remaining balance

$908,976

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Adam Shane Kanner and Michelle Kanner

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: 03/31/2025 at 12:50 PM

Listing updated: 03/30/2025 at 10:46 AM

Listed by: Michelle Martinson, LoKation Phone #: (954) 545-5583

MLS: Beaches #F10494687

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