3131 NW 42ND STREET $325,000



    SOLD 6/26/2023


    Market Estimate
    • 3 Beds
    • 2 Baths
    • 1,404 sq. ft.
    • Single-Family
    • MLS# T3448493
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    Property Details


    Red hot investor special in the most desirable corner of Lauderdale Lakes! This light fixer upper pool home on a corner lot is a rare treat. The retiring landlord is quite motivated and is asking only 74% of ARV, but will entertain all offers. Pros: Updated kitchen with modern appliances, pool pump new and everything functional, AC/WH only 3 years old. Hurricane shutters, public water but shallow well for pool/irrigation system. Quality tile and laminate flooring throughout. Cons: 10 year old roof is leaking in living room. Needs new roof and minor water damage remediation. Random damage in garage, back patio and smaller bathroom. Last tenants did a number on the place after the owner freshly renovated it. Investor notes: Flip potential: $461k ARV, with $30k-60k in rehab. LTR estimate: $2,500 /mo, with NO nearby competition. STR estimate: $67k yrly gross, at 337 /night and 55% occupancy. Feel free to soft pitch offers to listing agent. Full 2.5% cooperation with non-MLS agents. Just reach out to listing agent below for disclosures and listing info sheet. No HOA/CDD.

    • General Features
      • Property Subtype Single Family Residence
      • Additional Parcels Y/N No
      • Additional Lease Restrictions Buyer to verify.
      • Association Approval Required Y/N No
      • Bedrooms 3
      • County Or Parish Broward
      • Homestead Y/N Yes
      • New Construction Y/N No
      • Special Listing Conditions None
      • Subdivision Name ORIOLE ESTATES SEC 8 65-9 B
      • Tax Annual Amount 2046
      • Year Built 1969
      • Zoning RS-3
      • Senior Community Y/N No
    • Building Features
      • Appliances Convection Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
      • Attached Garage Y/N Yes
      • Full Bathrooms 2
      • Half Bathrooms 0
      • Building Area Source Public Records
      • Building Area Total 1404
      • Carport Y/N No
      • Construction Materials Concrete
      • Cooling Central Air
      • Direction Faces South
      • Exterior Features Awning(s), Hurricane Shutters, Irrigation System, Lighting, Rain Gutters, Sliding Doors
      • Fireplace Y/N No
      • Flooring Laminate, Tile
      • Foundation Details Slab
      • Garage Spaces 1
      • Garage Y/N Yes
      • Heating Central
      • Interior Features Ceiling Fans(s)
      • Living Area 1,404
      • Patio And Porch Features Covered, Rear Porch, Screened
      • Roof Shingle
      • Room Count 3
    • Property Features
      • Fencing Fenced,Wood
      • Lot Size Acres 0.17
      • Lot Size Square Feet 7270
      • Pool Features In Ground
      • Pool Private Y/N Yes
      • Total Acreage 0 to less than 1/4
      • Water Access Y/N No
      • Water Extras Y/N No
      • Water View Y/N No
      • Waterfront Feet Total 0
      • Waterfront Y/N No


    33309 (LAUDERDALE LAKES) Demographics

    38 Median Age
    3,845 Population Density (per sq. mile)
    35% College Educated
    $59,045 Estimated Median Income
    8,221 Estimated Total Home Owners
    5,296 Estimated Total Renters
    61% / 39% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    39,928 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    85 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        6/26/2023 3:00:00 AM Sold Source: Multiple Listing Service New Value: $325,000
        6/1/2023 9:21:10 AM Status Changed Source: Multiple Listing Service New Value: Pending

        Listing information provided in part by the IDX Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Data last updated on 9/23/2023 4:29:30 AM PST.

        Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.