1 / 272108 NE 24th St, Wilton Manors FL 33305
Wilton Manors, FL
List Price
$2,150,000
Type
Single Family
Bedrooms
3
Bathrooms
3
Price / SqFt
$761/sqft
Price reduction
17.3% below original list — was $2,600,000
Est. equity
-10%
Comp ARV
$2,227,000
Max offer
$1,558,318
From the listing
Home for entertaining. Ocean access. Dock available. View is lake; not canal. Faces west for ultimate sunsets. 2 sets of sliding doors open to pool and outdoor bar/deck. Zero scape: Indigenous and exotic plants/trees. No grass to mow. parking in 3 car driveway plus 2.5 car garage; new epoxy floor. Street is double cul de sac. 2nd floor is master suite w private balcony. 1st floor can be mother-in-law or private guest suite. separate entrance. 2 newly remodeled bathrooms and new granitzite counters in kitchen. Large laundry and new master closet with attic access for optimum storage. Energy efficient; 5 min from everything.
Property Information
- Square Feet
- 2,824
- Units
- 1
- Days on Market
- 347
- Status
- active
Location
- County
- Broward County
- Zip Code
- 33305
- Coordinates
- 26.1578, -80.1195
Represented by Academia
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Why this deal
- 17.3% off original list price
- Value-add opportunity
- Represented end-to-end by Academia
- Active listing — move quickly
Deal Score
38/100
Thin
is scored →
~-10% estimated equity to comp-based ARV (full marks at 30%+). Estimate — verify comps + rehab.
17.3% off original list (full marks at 25%+).
347 days on market (full marks at 120+ — more time = more leverage).
No explicit distress language in the public remarks.
A screen of the public MLS data we have — not an appraisal, valuation, or investment advice.
Deal scorecard
How four stakeholders read this deal
Risks
- Negative estimated equity — buying above estimated ARV, verify comps
- Flood zone AE — mandatory flood insurance required (NFIP or private); adds to carrying cost
- Permit history limited outside Fort Lauderdale in Broward — verify open permits with the AHJ
What a super-investor sees
Investor
Investor equity estimate based on ARV from closed MLS comps minus list price and estima…
- Negative estimated equity — buying above estimated ARV, verify comps
What a bank sees
Lender / financing
Lender financeability estimate based on list price, ARV, and condition signals. Not a f…
- thin equity — lender-unfriendly LTV (≈ 97% of ARV)
What an insurer sees
Insurance / 4-point
insurability v1. Broward is entirely within the HVHZ (High-Velocity Hurricane Zone) — r…
- Flood zone AE — mandatory flood insurance required (NFIP or private); adds to carrying cost
What a GC / AHJ sees
Permits / condition
Permit data from Broward permit records (Fort Lauderdale coverage; other cities limited…
- Permit history limited outside Fort Lauderdale in Broward — verify open permits with the AHJ
4-point — last permit
- Roofnone
- Electricalnone
- Plumbingnone
- HVACnone
Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-07-25. Verify with licensed professionals.
Deal calculator
Value-add deal calculator
2108 NE 24th St, Wilton Manors FL 33305, Wilton Manors, FL
Comp-based ARV — 8 closed comp(s), medium confidence.
Recommended max offer
$1,526,400
Room vs list (above list)
$623,600
Est. equity
-$220,515
-10% of ARV, at list
ROC at list
-9%
Est. all-in at list
$2,447,515
list + rehab + txn + carry
70% rule MAO
$1,526,400
Estimates only — not investment advice or an offer. ARV is drawn from recent closed comps; rehab from a rate-card range. Verify ARV, rehab, and all costs with a licensed professional before acting.
The comps behind the ARV
$2,227,000 after-repair value
5 recent closed sales nearby · medium confidence · range $1,712,000–$2,668,000
| Closed sale | Close $ | $/sqft | Date |
|---|---|---|---|
| 2401 Fryer Pt, Fort Lauderdale FL 33305renovated0.3 mi | $2,500,000 | $945 | 2026-07-17 |
| 2433 Middle River Dr, Fort Lauderdale FL 33305renovated0.4 mi | $1,875,000 | $606 | 2026-06-26 |
| 2416 NE 22nd Terrace, Fort Lauderdale FL 333050.3 mi | $1,795,000 | $537 | 2026-04-30 |
| 2517 NE 26th Avenue, Fort Lauderdale FL 333050.4 mi | $2,575,000 | $875 | 2026-05-26 |
| 2112 NE 17th Ave, Wilton Manors FL 33305renovated0.4 mi | $2,150,000 | $721 | 2026-05-13 |
Comparable data, not an appraisal. ARV is the median closed $/sqft of these comps applied to this home's size. Verify condition, location, and adjustments independently.