tomo logo

$1,995,000

Beds
3
Baths
3.0
sq ft
2,428

5580 NE 31st Ave, Fort Lauderdale, FL 33308

5580 NE 31st Ave

Fort Lauderdale, FL 33308

  • 35 days on market
    • Price drop $104,900↓
DEEP WATER ACCESS TO THE INTRACOASTAL WITH NO FIXED BRIDGES AND 85' ON THE WATER! Light and bright, with walls and walls of impact glass doors overlooking the pool, the dock and the waterway. Spacious and open, at over 2,400 sf, this elegant home offers three bedrooms and three full baths. New oversized tile flooring throughout, recessed lighting, newly appointed kitchen area with Italkraft cabinets, and water and pool views from virtually every room in the house. Some finishing touches needed to completed and TLC.

Details

Property type

Single Family Residence

Est. home value

$2,138,251

Lot size

0.24 acres

Price per sq ft

$822

Year built

1964

Annual property taxes

$18,474

Price History

02/10/2025
Beaches

Beaches #F10481670

Price change
$1,995,000
-5%
02/03/2025
Beaches

Beaches #F10481670

Price change
$2,099,900
-4.55%
01/18/2025
Beaches

Beaches #F10481670

Listed
$2,199,900
+147.46%

Schools & Community

Neighborhood: 

Landings

Elementary school: 

Mcnab

Middle school: 

Pompano Beach

High school: 

Northeast

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

Synovus Bank

Loan start date

March 2023

Original loan amount

$400,000

Est. remaining balance

Not provided

Interest rate

6.13%

Loan type

Credit Line (Revolving), 30 year

Seller

Joseph A Barilla

Lender

Florida Community Bank Na

Loan start date

December 2017

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

3.23%

Loan type

Commercial, 30 year

Seller

Joseph A Barilla

Lender

Everett Financial Inc

Loan start date

October 2017

Original loan amount

$590,000

Est. remaining balance

$501,885

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

Joseph A Barilla

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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Price drop
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3071 NE 47th St, Fort Lauderdale, FL 33308

Status: Active

Tomo last checked: 02/22/2025 at 12:55 PM

Listing updated: 02/10/2025 at 12:35 AM

Listed by: Jimmy Cunningham, RE/MAX Experience Phone #: (954) 541-8441

MLS: Beaches #F10481670

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