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Sold for $2,650,000 on 01/26/24
  • $2,650,000

    5575 SW 198th Ter, Fort Lauderdale, FL 33332

    6beds
    6,139sqft
    Single Family Residence
    Built in 1996
    2.19 Acres Lot
    $2,906,300 Zestimate®
    $432/sqft
    $8,197 Estimated rent

    Home value

    $2,906,300

    $2.62M - $3.26M

    $8,197/mo

    Zestimate® history
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    $8,197/mo

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    $18,555/mo

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    $18,555/mo

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    What's special

    Discover a truly unique property in exclusive Southwest Ranches. This two-story home is a perfect blend of luxury, convenience and excellent investment potential. Enjoy the freedom to personalize your property without any HOA restrictions. Embrace sustainable living and lower energy costs with solar panels, 4-year roof, 3-year A/C and 2-year old water heater. This home is situated right in front of a home that sold for $4,500,000, it offers a promising investment opportunity. Property includes spectacular curb appeal, 6 beds with 4.5 baths, in-laws quarters, 3-car garage, spacious driveway, outdoor kitchen and large back patio, fit for large gatherings and entertaining guests. Whether you're seeking a personal haven or a sound investment for your portfolio, this gem checks all the boxes.

    Zillow last checked: 8 hours ago

    Listing updated: January 28, 2024 at 11:24pm

    Listed by:

    Devana Johnson 305-812-1669,

    Real Estate Sales Force

    Bought with:

    Sarnia Michel, 3194458

    P3 Realty Group

    Source: MIAMI,MLS#: A11421191MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
    • Laundry: Laundry Room
    Features
    • Entrance Foyer, Pantry, Vaulted Ceiling(s), Wet Bar, Separate Guest/In-Law Quarters, Sauna
    • Flooring: Marble, Wood
    • Doors: High Impact Doors, French Doors
    • Windows: Partial Impact Glass, Blinds, High Impact Windows
    • Has fireplace: Yes
    Interior area
    • Total structure area: 8,220
    • Total interior livable area: 6,139 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached Carport, Driveway, Guest, Other, Garage Door Opener
    • Attached garage spaces: 3
    • Has carport: Yes
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Entry location: First Floor Entry,Foyer
    • Patio & porch: Patio
    • Exterior features: Built-in Barbecue, Lighting, Balcony
    • Pool features: R30-No Pool/No Water
    • Fencing: Fenced
    • Has view: Yes
    • View description: Garden, Other
    Lot
    • Size: 2.19 Acres
    • Features: 2 To Less Than 3 Acre Lot
    • Residential vegetation: Fruit Trees
    Details
    • Parcel number: 503935080250
    • Zoning: A-1
    • Other equipment: Generator Hookup

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Concrete Block Construction, CBS Construction
    • Roof: Other
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 1996

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Septic Tank
    • Water: Well
    Green energy
    • Energy efficient items: Insulation

    Community & neighborhood

    Security
    • Security features: Smoke Detector
    Community
    • Community features: None, No Subdiv/Park Info
    Location
    • Region: Fort Lauderdale
    • Subdivision: 198 Terrace Plat

    Other

    Other facts
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    1/26/2024Sold$2,650,000-11.6%$432/sqft
    Source: MIAMI #A11421191
    1/17/2024Contingent$2,999,000$489/sqft
    Source: MIAMI #A11421191
    12/12/2023Listed for sale$2,999,000$489/sqft
    Source: MIAMI #A11421191
    11/4/2023Contingent$2,999,000$489/sqft
    Source: MIAMI #A11421191
    10/27/2023Listed for sale$2,999,000$489/sqft
    Source: MIAMI #A11421191

    Public tax history

    YearProperty taxesTax assessment
    2024$14,567 -32.6%$787,650 +9.4%
    2023$21,612 +3.6%$719,850 +3%
    2022$20,851 +1.7%$698,890 +3%

    Find assessor info on the county website

    Neighborhood: 33332

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Manatee Bay
    • Middle: Silver Trail
    • High: West Broward

    Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $2,906,300

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $2,906,300