Exceptional Value: Spacious 3-Bedroom Home in Fort Lauderdale’s 33312 Zip Code
This classic single-family home at 3571 SW 1st St presents a compelling opportunity for homebuyers and investors looking for space and value in a fantastic Fort Lauderdale location.
Priced at an aggressive $411,500, this home is listed significantly below the median sale price for the 33312 zip code, which is approximately $550,000. This makes it one of the best values in the area for a traditional single-family residence.
Property Highlights:
- Price: $411,500 (Exceptional value for the area)
- Bed/Bath: 3 Bedrooms / 2 Bathrooms
- Size: 1,373 Sqft of living space
- Property Type: Single-Family Home
- Year Built: 1958 (Offering solid “mid-century” construction, often sought after for easy renovation and customization)
- Estimated Refi Payment: $2,843/mo (Note: This is an estimate and not a guarantee of loan terms.)
Key Selling Points:
- Immediate Equity Potential: The list price is well below the zip code’s median, suggesting great potential for immediate equity growth or a profitable renovation/flip.
- Spacious 3/2 Layout: A sought-after configuration that appeals to families, roommates, or rental tenants, providing more flexibility than smaller 2-bedroom units.
- Melrose Park Neighborhood: The home is located in the Melrose Park area, a residential neighborhood with easy access to a variety of essential amenities:
- Connectivity: Quick access to major roads and highways (like I-95) for commuting throughout South Florida.
- Local Convenience: Close to local shopping centers (like West Broward Shopping Center) and essential services.
- Proximity: Just a short drive to Downtown Fort Lauderdale, the Fort Lauderdale-Hollywood International Airport (FLL), and the beautiful beaches.
- Renovation Ready: A 1958-built home is an excellent canvas for modern updates. Recent nearby sales show high values for updated 3-bedroom homes, indicating a strong return on investment for renovations.
This home is an ideal find for a buyer seeking affordability, a good floor plan, and the chance to add personal value in a high-demand Fort Lauderdale market.
For more information or to schedule a private viewing, please contact your local real estate professional.
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