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Sold for $530,000 on 03/12/25
  • $530,000

    650 SW 28th Ter, Fort Lauderdale, FL 33312

    5beds
    1,850sqft
    Single Family Residence
    Built in 1964
    8,125 Square Feet Lot
    $529,000 Zestimate®
    $286/sqft
    $4,627 Estimated rent

    Home value

    $529,000

    $497,000 - $561,000

    $4,627/mo

    Zestimate® history
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    What's special

    Whether you are an investor looking for rental income or a home owner looking for income possibilities, this property is for you. The expansive home with 5 bedrooms and a bonus room generates an impressive $4500 in monthly rental income. Offering a newer roof and impact windows/doors to be installed at closing. With its flexible layout, the home has multiple floorplan configurations to suit a variety of needs. Bathrooms and kitchen were recently upgraded with granite countertops and porcelain tiles. AC is few years old. Fresh paint, new plumbing and electrical. Suited on a large lot with massive yard space with ample outdoor potential for a pool, landscaping, entertainment or additional structures. Lease ends in March 2025. Call for further details, amazing deal.

    Zillow last checked: 8 hours ago

    Listing updated: March 21, 2025 at 06:52am

    Listed by:

    Helen Orukotan 310-486-0900,

    Element Real Estate Group

    Bought with:

    Helen Orukotan, 3450202

    Element Real Estate Group

    Source: MIAMI,MLS#: A11723127MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
    • Laundry: Laundry Room
    Features
    • Separate Guest/In-Law Quarters, Maid/In-Law Quarters
    • Flooring: Tile, Vinyl
    • Windows: Other Windows
    Interior area
    • Total structure area: 2,000
    • Total interior livable area: 1,850 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Circular Driveway, Driveway
    • Carport spaces: 3
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Entry location: First Floor Entry
    • Exterior features: Lighting, Room For Pool
    • Pool features: R30-No Pool/No Water
    • Has view: Yes
    • View description: Garden
    Lot
    • Size: 8,125 sqft
    • Features: Less Than 1/4 Acre Lot
    • Residential vegetation: Fruit Trees
    Details
    • Parcel number: 504208190390
    • Zoning: RS-8

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Modern/Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Concrete Block Construction
    • Roof: Shingle
    Condition
    • Year built: 1964

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Municipal Water

    Community & neighborhood

    Security
    • Security features: Smoke Detector
    Community
    • Community features: Sidewalks
    Location
    • Region: Fort Lauderdale
    • Subdivision: Park Plaza

    Other

    Other facts
    • Listing terms: All Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    3/12/2025Sold$530,000-5.2%$286/sqft
    Source: MIAMI #A11723127
    2/9/2025Pending sale$559,000$302/sqft
    Source: MIAMI #A11723127
    1/13/2025Listed for sale$559,000+40.3%$302/sqft
    Source: MIAMI #A11723127
    5/11/2024Listing removed--
    Source: Zillow Rentals
    4/30/2024Listed for rent$3,100$2/sqft
    Source: Zillow Rentals

    Public tax history

    YearProperty taxesTax assessment
    2024$8,326 +61.8%$413,710 +405.4%
    2023$5,145 +2.6%$81,860 +3%
    2022$5,016 +0.9%$79,480 +3%

    Find assessor info on the county website

    Neighborhood: Melrose Manors

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $529,000

    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

    $529,000