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Learn More »Listing ID 20608445 | Sold in the last 70 days
$579,000
Willing to negotiate
5060 SW 76th Avenue
Davie, FL 33328
3 beds, 3 baths
Single Family
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A RURAL LIFESTYLE WITHIN THE URBAN LANDSCAPE- This incredible piece of canal front property is located due west of the airport in Ft. Lauderdale. In an area of multi-million dollar homes, the property boasts many mature palms, heliconias, gingers, and orchids and many rare flowering trees. Situtated close to the Florida turnpike, I-95 and I-595, access to Miami and West Palm Beach is excellent. The house is within walking distance to the grocery store, drugstore and even Starbucks. This is horse country, so you can expect to see people riding past your property all the time. Current zoning is Agriculture 1 (1 house per acre), and property can be divided into 2 parcels without a variance. Currently, there is a small plant nursery run from the front 2 acres which is leased for $$1650 per month. The land has Greenbelt classification, which assesses 2.25 acres of land at a minute fraction of its assessed value. VERY LOW PROPERTY TAXES WITH THE NURSERY (about $1,000 annually) The property is mostly fenced, and includes a 30' X 30' barn (new roof), two carports, 6 zone sprinkler system (everything is irrigated automatically). There is a small air conditioned building in the front of the property that is currently used for a office for the nursery. The property is heavily landscaped, and is home to one of the largest collections of rare plants in S. Florida. The property has been highlighted in various magazines over the years. You would have to travel to Fairchild Gardens in S. Miami to see a better collection of exotic plants from around the world. The 2,600 sq. ft. house sits on the back 1/4 acre, access is down a 650' palm tree lined driveway from the street, guaranteeing the ultimate in privacy. You'll feel the tension of normal daily life leave you as you drive towards the house! A large circular driveway provides parking for at least 20 cars. The house has been totally updated with 2 zone hi-efficiency central air conditioning, monitored alarm system, state of the art foam composition roof (resurfaced July 2006), brand new double front doors with stained glass inserts, hurricane shutters for all glass areas, a large deck in the rear. The house has three bedrooms and three baths. There is an in-law quarters within the house with a separate entrance and electric meter. The baths have all been remodeled, with new tile, fixtures, vanities etc. The master bedroom has a large walk in closet. The gourmet kitchen has bleached oak cabinets, a tiled floor, a 48" SubZero refrigerator, microwave convection oven, Maytag dishwasher and stove. The laundry room hosts a brand new pair of front loading machines. Great expanses of glass adorn all of the rooms, with three sets of sliding glass doors, allowing the beauty of the garden to be enjoyed within the house during the warm months when the air conditioning is running. All windows and doors have either custom wood blinds, verticals or curtains. If you are looking for an incredible country home with all the conveniences of the city nearby, then this house might be what you are looking for. We are selling the property in anticipation of retiring to Oahu, Hawaii. The house/land/nursery are competitively priced. Having 2.5 acres in the middle of Ft. Lauderdale is the investment opportunity of a lifetime. Housing prices may flatten or even depreciate somewhat, but with very little buildable land in Ft. Lauderdale, land values have maintained their price. For either the short term or long term investor, this property is sure to bring you a handsome return. Some seller financing is available. The front two acres of this property are now leased at $1500 per month until September 30, 2010, then rent increases to $1650. Rent the inlaw quarters for an addition $1000, leaving you with a gorgeous 2 bedroom 2 bath home, and have an income stream immediately upon closing.
Listing has been sold. The owner is no longer accepting calls. Phone numbers are suppressed for privacy.
Listing has been sold. The owner is no longer accepting e-mails.
For a property to become a sold listing, the owner must mark their property as sold when cancelling the ad. Estimated savings is calculated using property's final listing price and the average national realtor commission, currently 5.1%.
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