1 / 403820 SW 16th St, Fort Lauderdale FL 33312
Fort Lauderdale, FL
List Price
$485,000
Type
Single Family
Bedrooms
3
Bathrooms
3
Price / SqFt
$331/sqft
Price reduction
11% below original list — was $545,000
From the listing
ONLY FOR INVESTOR !! Rented SFR 3000/month until May/27 3/2/1. Big FR under AC. Roof 2023. AC 2016. New appliances. Completely updated Lot 8500 sf with room for RV, boat or many cars. Close to all highways, supermarkets , main stores & 10 minutes form FLL Int Airport. No Association. Since tenants are living in the house, showing only with As Is contract signed.
Property Information
- Square Feet
- 1,464
- Units
- 1
- Days on Market
- 203
- Status
- active
Location
- County
- Broward County
- Zip Code
- 33312
- Coordinates
- 26.1002, -80.1991
Represented by Academia
Academia Real Estate Corp can represent you on this property. Use the inquiry form to have a licensed broker reach out with full details and next steps.
Permit history
No open or expired permits on record
- Complete
Plan Revision (WalkThru Permits ONLY)
#BLD-ROOF-WT- · issued 2025-02-12
- Complete
Walk-Thru - Re-Roof
#BLD-ROOF-WT- · issued 2023-07-07
Private inquiry
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Why this deal
- 11% off original list price
- Value-add opportunity
- Represented end-to-end by Academia
- Active listing — move quickly
Deal Score
69/100
Strong
is scored →
Scored neutral: our comparable-sale selection is being rebuilt so that it no longer references the asking price, and we will not score equity from an estimate we are not willing to publish.
11.0% off original list (full marks at 25%+).
203 days on market (full marks at 120+ — more time = more leverage).
Strong motivation language (as-is, short sale, foreclosure, estate, or heavy reno).
A screen of the public MLS data we have — not an appraisal, valuation, or investment advice. Factors marked “assumed” were missing from the feed and scored neutral.
Deal scorecard
How four stakeholders read this deal
Strengths
- Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated
Risks
- Negative estimated equity — buying above estimated ARV, verify comps
- Roof age ~71 yr — approaching or beyond Citizens' 25-yr eligibility threshold; may require replacement or Citizens' roof inspection
- conventional financing unlikely; cash or hard-money only
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. renovat…
- conventional financing unlikely; cash or hard-money only
- thin equity — lender-unfriendly LTV (≈ 101% of ARV)
What an insurer sees
Insurance / 4-point
Insurability read from roof, electrical, plumbing and HVAC ages in the public record. B…
- Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated
- Roof age ~71 yr — approaching or beyond Citizens' 25-yr eligibility threshold; may require replacement or Citizens' roof inspection
What a GC / AHJ sees
Permits / condition
Permit records from City of Fort Lauderdale Building Permit Tracker; records may lag — verify open permits with the AHJ. Coverage begins 2022. Records current through 2026-03-16.
4-point — last permit
- Roofnone on record
- Electricalnone on record
- Plumbingnone on record
- HVACnone on record
Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-09-07. Verify with licensed professionals.
Deal calculator
Value-add deal calculator
3820 SW 16th St, Fort Lauderdale FL 33312, Fort Lauderdale, FL
ARV is seeded from the asking price, not from comps — enter your own after-repair value. We are rebuilding comparable-sale selection so it no longer references the ask, and we will not pre-fill this field from an estimate we are not publishing.
Recommended max offer
$93,852
Room vs list (above list)
$391,148
Est. equity
-$279,225
-58% of ARV, at list
ROC at list
-37%
Est. all-in at list
$764,225
list + rehab + txn + carry
70% rule MAO
$129,000
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.