2 months on rocket

620 SW 38th Ter, Fort Lauderdale, FL, 33312

$375,000

Home List Price

$4,453*

Closing Credit

4 Bedrooms
3 Full Baths
1,512 SqFt
$248/SqFt
House

Location

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620 SW 38th Ter, Fort Lauderdale$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Driveway, Garage
Attached Garage1 space
Year Built1956
HeatingCentral
CoolingCentral Air
ViewNone
MLS #A11678678
StatusActive

About 620 SW 38th Ter

INVESTOR SPECIAL This property is a blank canvas with immense potential, offering a prime opportunity for a savvy investor or builder. Currently under construction with approved permits in place to transform into a spacious 4-bedroom, 3-bathroom home, boasting 2,755 total sq ft and 2,185 sq ft of living space. The master bedroom has been extended for added luxury, and an additional bedroom and bathroom has been incorporated into the design. With the structural groundwork set, this home is ready for the new owner to bring their vision to life and maximize its full potential!

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, One Story
  • Year Built: 1956
  • Stories: 1
  • Living Area: 1,512 SqFt

Listing Office:

  • Office Name: LoKation
  • Office Phone: (954) 545-5583
  • Listing Agent: Melisa Bromfield

Interior Features

Interior Information:

  • Appliances: None
  • Flooring Type: Concrete
  • Interior: Bedroom on Main Level, First Floor Entry

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: None
  • Exterior: None

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage

Virtual/3D Tour

  • Virtual Tour: 620 SW 38th Ter
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000
  • Price Per SqFt: $248/SqFt

Tax Information:

  • Annual Amount: $4,058
  • Tax Year: 2020
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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

620 SW 38th Ter vs Fort Lauderdale

64 DAYS ON ROCKET

-20 Days

$375,000

-$105.9K Less

$248/SqFt

-$116 Less

KEY TAKEAWAY

This property is $105.9K less than the Median Sold Price and $116/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: #A11678678

Listing Office:

  • Office Name: LoKation
  • Office Phone: (954) 545-5583
  • Listing Agent: Melisa Bromfield

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, 1:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,058$189,090
2019$2,505$197,890
2018$2,695$165,100
2017$2,695$142,300

History based on county public records data.

Payment Calculator

$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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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-981833
3
/10

  • New Life Charter Academy

  • 3550 Davie Blvd

  • 0.69 miles

  • Public Charter Grades KG-5

school-card-donut-981834
3
/10

  • Broward Estates Elementary School

  • 441 NW 35th Ave

  • 0.92 miles

  • Public Magnet Grades KG-5

school-card-donut-981835
4
/10

  • Westwood Heights Elementary School

  • 2861 SW 9th St

  • 1.08 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,118. Residents of Fort Lauderdale, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 620 SW 38th Ter

What is the listing price of this property?

The listing price of 620 SW 38th Ter property is $375,000.

What type of property is this?

The property 620 SW 38th Ter is a house located in Fort Lauderdale, Florida, 33312.

Is this property for sale now?

Active Listing: 620 SW 38th Ter is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,058 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 620 SW 38th Ter has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 620 SW 38th Ter is 1,512 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 620 SW 38th Ter is 1956.

Rocket Homes›Florida›Broward County›Fort Lauderdale›33312›620 SW 38th Ter

This home is located at 620 SW 38th Ter in Fort Lauderdale, FL and zip code 33312 in the Melrose Park neighborhood. This 1,512 square foot home was built in 1956. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 19, 2024 and is currently priced at $375,000.

In November 2024 more than 9 listings in Fort Lauderdale, FL were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 70 were sold below. In November 2024 in Fort Lauderdale, FL there were 11.6% more homes for sale than in October 2024. 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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