2 months on rocket

Backup Offers

542 SW 27th Ter, Fort Lauderdale, FL, 33312

$525,000

Home List Price

$6,234*

Closing Credit

0 Baths
1,587 SqFt
$331/SqFt
Multi

Location

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542 SW 27th Ter, Fort Lauderdale$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1958
HeatingCentral
CoolingCentral Air
MLS #A11679289
StatusAccepting Backup Offers
(Active Under Contract)

About 542 SW 27th Ter

This charming duplex in Fort Lauderdale features two identical, updated units, each equipped with hurricane impact windows for added safety and peace of mind. Centrally located, the property offers tenants easy access to major amenities, including shopping, dining, and public transportation. Both units are Section 8 approved and currently leased, generating positive income for the owner. With its blend of modern updates and strategic location, this duplex is an excellent investment opportunity in a thriving community.

Property Details

Property Features

Property Information:

  • Year Built: 1958
  • Stories: 1
  • Living Area: 1,587 SqFt

Listing Office:

  • Office Name: LPT Realty
  • Office Phone: (305) 810-9920
  • Listing Agent: Johan Duque

Interior Features

Interior Information:

  • Flooring Type: Tile

Virtual/3D Tour

  • Virtual Tour: 542 SW 27th Ter
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000
  • Price Per SqFt: $331/SqFt
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Housing Market Comparison

See how this home compares to others in Fort Lauderdale, FL.

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Fort Lauderdale, FL

City

Med. Sold Price

$480.9K

Med. Price/SqFt

$364

Avg. Days On Market

84

# of Sold Homes

90

542 SW 27th Ter vs Fort Lauderdale

63 DAYS ON ROCKET

-21 Days

$525,000

+$44K More

$331/SqFt

-$33 Less

KEY TAKEAWAY

This property is $44K more than the Median Sold Price and $33/SqFt less than other homes in Fort Lauderdale, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11679289

Listing Office:

  • Office Name: LPT Realty
  • Office Phone: (305) 810-9920
  • Listing Agent: Johan Duque

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 2:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-996187
4
/10

  • Westwood Heights Elementary School

  • 2861 SW 9th St

  • 0.32 miles

  • Public District Grades PK-5

school-card-donut-996188
6
/10

  • Riverland Elementary School

  • 2600 SW 11th Ct

  • 0.39 miles

  • Public Magnet Grades PK-5

school-card-donut-996189
3
/10

  • Martin Luther King Elementary School

  • 591 NW 31st Ave

  • 1.12 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,667. The majority of Fort Lauderdale, FL residents have income less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Broward County›Fort Lauderdale›33312›542 SW 27th Ter

This home is located at 542 SW 27th Ter in Fort Lauderdale, FL and zip code 33312 in the Melrose Manors neighborhood. This 1,587 square foot home was built in 1958. It has been listed on Rocket Homes since October 20, 2024 and is currently priced at $525,000.

Over 9 listings were sold over their listed price in November 2024 in Fort Lauderdale, FL. In the same period over 70 listings were sold below the listed price and 11 listings were sold for the listed price. The inventory of homes for sale in Fort Lauderdale, FL between October 2024 and November 2024 increased by 11.6%. While the average time on the market in November 2024 was 84 days, the median list price was $480,941.

From Rocket Homes Real Estate and based on county public records data.

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