tomo logo

$2,688,000

Beds
3
Baths
3.5
sq ft
2,849

5552 NE 31st Ave, Fort Lauderdale, FL 33308

5552 NE 31st Ave

Fort Lauderdale, FL 33308

  • 11 days on market
Amazing home in the Landings on a large 16,000+ square foot corner lot. 42 feet of waterfront with room for a larger vessel vertically docked. The 165 ft wide lagoon is your backyard, w/ ocean access, no fixed bridge and a quick boat ride to the intracoastal. The incredible exterior is only matched by the home inside. From the Gourmet Kitchen w/ Stainless Steel appliances including Viking induction range, Viking hood, 2 wine fridges. Separate Laundry Room with stackable front loading washer & dryer. Instant water heater. Air conditioned garage. Custom made closet cabinetry throughout, including bedrooms, bathrooms, kitchen, hallways, laundry and garage! Motorized blinds in every bedroom. Central AC + mini splits in all bedrooms. 2021 dock, pool deck, and pool heater. 2016 Tile Roof.

Details

Property type

Single Family Residence

Est. home value

$2,493,572

Property condition

Updated/Remodeled

Lot size

0.37 acres

Price per sq ft

$944

Year built

1979

Annual property taxes

$34,307

Price History

02/11/2025
Beaches

Beaches #F10485659

Listed
$2,688,000
+48.51%
11/05/2021
SEF

SEF #A11060648

Sold
$1,810,000
+63.43%
07/27/2015
SEF

SEF #A2011493

Sold
$1,107,500
+26.57%

Schools & Community

Neighborhood: 

Landings

Elementary school: 

Mcnab

Middle school: 

Pompano Beach

High school: 

Northeast

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

$1,219,813
Asking price
$2,688,000
Closing costs (~8% of asking)
-$215,040
Est. remaining loan balance
-$1,253,147
Cash to seller
$1,219,813

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

Seller’s Loan History

Lender

Regions Bank

Loan start date

November 2021

Original loan amount

$1,350,000

Est. remaining balance

$1,253,147

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Michael Choi

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?

Similar Homes Nearby

Beaches
$2,375,000
3 bd
|
3.5 ba
|
2,950 sq ft
|
Townhouse

244 Shore Ct, Lauderdale By The Sea, FL 33308

Beaches
$2,399,000
3 bd
|
3.5 ba
|
3,000 sq ft
|
Townhouse

244 Garden Ct Unit 244, Lauderdale By The Sea, FL 33308

Beaches
$2,595,000
3 bd
|
2.5 ba
|
2,887 sq ft
|
House

5611 Bayview Dr, Fort Lauderdale, FL 33308

Status: Active

Tomo last checked: 02/22/2025 at 12:25 PM

Listing updated: 02/14/2025 at 3:18 PM

Listed by: Cindy Sessoms, LoKation Phone #: (954) 545-5583

MLS: Beaches #F10485659

Beaches logo