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$599,999

Beds
2
Baths
1.0
sq ft
768

501 SE 21st St, Fort Lauderdale, FL 33316

501 SE 21st St

Fort Lauderdale, FL 33316

  • 3 days on market
Incredible redevelopment opportunity in Fort Lauderdale! This prime property currently includes a single-family home plus an efficiency unit in the rear, but the true value lies in its exceptional RMM-25 zoning. Allowing for medium-high-density multifamily residential development up to 25 units per acre, this zoning opens endless possibilities for savvy investors or developers. Envision duplexes, townhomes, boutique apartments, or even a vibrant mid-rise residential community or mixed-use project in this highly desirable area. No violations exist, and the property is meticulously maintained, making it turnkey-ready for your vision. Don't miss your chance to unlock the full potential of this strategically located gem!

Details

Property type

Single Family Residence

Est. home value

$397,052

Lot size

6,776 sq ft

Price per sq ft

$782

Year built

1951

Annual property taxes

$7,360

Price History

03/27/2025
SEF

SEF #A11772305

Listed
$599,999
+0.84%
03/10/2025
SEF

SEF #A11656456

Removed
$595,000
11/05/2024
SEF

SEF #A11656456

Price change
$595,000
-8.32%

Schools & Community

Neighborhood: 

Poinciana Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

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

$176,360
Asking price
$599,999
Closing costs (~8% of asking)
-$48,000
Est. remaining loan balance
-$375,639
Cash to seller
$176,360

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

December 2023

Original loan amount

$380,000

Est. remaining balance

$375,639

Interest rate

7.57%

Loan type

New Conventional, 30 year

Seller

Diego Noboa

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: 03/30/2025 at 9:15 PM

Listing updated: 03/27/2025 at 11:06 PM

Listed by: Ander Egurrola, Avenew Realty Corp Phone #: (786) 888-0198

MLS: SEF #A11772305

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