5611 SW 38th St, Davie, FL 33314

Spacious Davie Home with Pool Potential: Your Opportunity in a Buyer’s Market!

Asking Price: $439,000

Discover this inviting 3-bedroom, 2-bathroom single-family home at 5611 SW 38th St, Davie, FL 33314. Built in 1960, this generous 1,636 sqft residence offers comfortable living in a desirable Broward County community. With an estimated refinance payment of $3,186/mo, this property presents a compelling value, especially in the current Davie buyer’s market. Notably, previous listings for this property indicated the presence of a pool, a valuable amenity in South Florida!

Key Features:

• Ample Living Space: At 1,636 sqft with 3 bedrooms and 2 bathrooms, this home provides a practical layout for a family. The presence of a pool (according to past listing information) adds significant recreational value.
• Solid Mid-Century Construction: Built in 1960, this home likely features concrete block construction, known for its durability. It sits on a practical lot size suitable for a family home.
• Davie Market Dynamics (33314 Zip Code):
  • Buyer’s Market: Davie is currently a Buyer’s Housing Market, indicating more inventory and potential for negotiation. This means prices tend to be lower, and homes may stay on the market longer.
  • Price Trends: The median home sold price in Davie was $525,555 in May 2025, up 2.4% year-over-year. Specifically, for 3-bedroom homes in Davie (city-wide), the median sold price remained flat (0.0% change) year-over-year at $510,000. However, in the 33314 zip code, 3-bedroom homes saw a healthy +7.2% increase in median sold price year-over-year to $482,400. This property’s asking price of $439,000 is below the median for 3-bedroom homes in the 33314 zip code, positioning it as a competitive option.
  • Negotiation Potential: A significant 72.5% of homes in Davie sold below asking price last month, and 50% of homes in the 33314 zip code sold below asking. This strongly suggests that buyers have room to negotiate a favorable deal.
  • Days on Market: Homes in 33314 had an average listing age of 45 days in May 2025, up significantly from last year, giving buyers more time for due diligence.
• No HOA Fees: This property is located in a community with no Homeowners Association (HOA) fees, which offers significant savings on monthly expenses and greater flexibility for homeowners.
• Convenient Davie Location: Davie offers a unique blend of suburban tranquility and convenient access to South Florida’s major attractions:
  • Equestrian Charm: Davie is known for its equestrian-friendly atmosphere, with many homes featuring horse trails and related amenities.
  • Parks & Recreation: Enjoy numerous town parks with amenities like community pools, equestrian centers, pickleball, volleyball, tennis, and basketball courts. Robbins Lodge Preserve and Peaceful Ridge Dog Park are local favorites.
  • Education Hub: Home to the South Florida Education Center (SFEC), a consortium of institutions including Broward College, Florida Atlantic University, and Nova Southeastern University.
  • Shopping & Dining: Explore University Drive and the Tower Shops for a wide array of restaurants and retail options.
  • Proximity to Major Attractions: Easy access to the Seminole Hard Rock Hotel & Casino, Sawgrass Mills Mall (a large outlet mall), and Everglades National Park for outdoor adventures. Fort Lauderdale’s beaches and cultural attractions are also a short drive away.
• Schools: The property is assigned to Broward County Public Schools, including:
  • Davie Elementary School (PK-5, 4/10 GreatSchools Rating)
  • Driftwood Middle School (6-8, 3/10 GreatSchools Rating)
  • Hollywood Hills High School (9-12, 3/10 GreatSchools Rating)
• Property Taxes: Public tax history indicates variable property taxes. For instance, 2024 taxes were $9,278 on an assessment of $150,390, while 2023 taxes were $5,659 on $145,920. Buyers should be aware that tax assessments can change with ownership and market values.

Important Considerations:

• School Ratings: The assigned public schools have moderate to lower GreatSchools ratings. Families prioritizing top-tier public schools may wish to explore school choice options or private alternatives.
• Potential for Updates: As a home built in 1960, while it has a solid foundation and likely a pool, it may benefit from updates and renovations to modernize the interior and maximize its value. Buyers should factor potential renovation costs into their budget.
• Environmental Factors: While not explicitly detailed, buyers in South Florida should be aware of potential flood risks and research flood zone designations for the property.

This home at 5611 SW 38th St offers a fantastic combination of space, location, and a desirable amenity (pool) in a competitive, yet buyer-friendly, Davie market. It’s an excellent opportunity for a family looking for a well-located home with significant potential for personalization.

Priced at $439,000 – don’t miss your chance to call this Davie gem your own! Schedule your private showing today.