For SaleRisky Deal1 days on market
1636 NE 7th Terrace
1636 NE 7th Terrace, Fort Lauderdale, FL 33305, Fort Lauderdale, FL 33305
$595,000
Estimate®:$586,500
Listing Price
1636 NE 7th Terrace, Fort Lauderdale, FL 33305
Loc: Fort Lauderdale, FL
Days Listed
1
Tax Assessed
$167k
Estimate®
$587k
Market Rate
Lot Size
6,451 sqft
Rent Estimate
$4,585/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
Bennett Elementary School
PK-5
0.9 mi away
6
Sunrise Middle School
6-8
0.9 mi away
6
Fort Lauderdale High School
9-12
0.2 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle-storystucco exteriormid-century modern inspirationpaver drivewayshaded front yardmature treelandscaped garden bedscovered entrywaycozy atmospheresuburbaninviting facadesingle family home
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.72%
Total ROI
83.1%
Cash Flow
$-253/mo
DSCR
0.92
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-253/mo net cash flow with a 5.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.7%)
- • Strong rental demand in Fort Lauderdale
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $595,000 | $413 |
| 2013-09-18 | Sold | $138,900 | $97 |
| 2003-04-09 | Sold | $130,000 | $90 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,503.71 | $162,340 |
| 2024 | $2,312.6 | $157,770 |
| 2023 | $2,225.95 | $153,180 |
| 2022 | $2,057.91 | $148,720 |
| 2021 | $1,979.06 | $144,390 |
| 2020 | $1,936.16 | $142,400 |
| 2019 | $1,609.99 | $137,770 |
| 2018 | $1,609.99 | $135,210 |
| 2017 | $1,470.4 | $132,430 |
| 2016 | $1,449.54 | $129,710 |
| 2015 | $1,591.59 | $128,810 |
| 2014 | $1,606.13 | $127,790 |
| 2013 | $1,606.13 | $104,170 |
| 2012 | $1,639.79 | $133,060 |
| 2011 | $1,702.88 | $136,420 |
| 2010 | $2,237.78 | $160,490 |
| 2009 | $2,327.86 | $168,540 |
| 2008 | $2,309.63 | $168,380 |
| 2007 | $2,839.31 | $163,480 |
| 2006 | $3,051.91 | $159,500 |
| 2005 | $0 | $154,860 |
| 2004 | $3,190.32 | $150,350 |
| 2003 | $1,087.59 | $67,440 |
| 2002 | $737.7 | $65,860 |
| 2001 | $840.16 | $64,830 |
| 2000 | $796.05 | $0 |
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