$2,399,000
- 4 Beds
- 4.5 Baths
- 2,870 Sq Ft
1998 SW 16th Ct, Fort Lauderdale, FL 33312
Irene Medina
United Realty Group Inc.
(754) 325-2771
Frequently Asked Questions
Is Shady Banks a good place to live?
Shady Banks is a good place to live. Shady Banks is considered very car-dependent and somewhat bikeable with some transit options. Shady Banks is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Shady Banks has 6 parks for recreational activities. It is fairly sparse in population with 5.3 people per acre and a median age of 46. The average household income is $109,842 which is above the national average. College graduates make up 49.6% of residents. A majority of residents in Shady Banks are home owners, with 12% of residents renting and 88% of residents owning their home. A local real estate agent serving Shady Banks can help you decide if this neighborhood is the right one for you. Learn more on our Shady Banks neighborhood guide.
Is Shady Banks, FL a safe neighborhood?
Shady Banks, FL is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Shady Banks?
The median home price in Shady Banks is $789,500. If you put a 20% down payment of $157,900 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $4,090 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $175K a year to afford the median home price in Shady Banks. The average household income in Shady Banks is $110K.
What are the best public schools in Shady Banks?
The best public schools that serve Shady Banks are:
- New River Middle School has a B- Niche grade, a student teacher ratio of 22:1 and an average review score of 3.5.
- Stranahan High School has a B- Niche grade, a student teacher ratio of 22:1 and an average review score of 3.3.
- Croissant Park Elementary School has a B- Niche grade and a student teacher ratio of 17:1.
What are the best private schools in Shady Banks?
The best private schools that serve Shady Banks are:
- Our Lady Queen Of Martyrs School has an A+ Niche grade, a student teacher ratio of 15:1 and an average review score of 4.8.
- St Thomas Aquinas High School has an A+ Niche grade, a student teacher ratio of 16:1 and an average review score of 4.2.
- St. Jerome Catholic School has a student teacher ratio of 9:1.
What are the most popular zip codes in Shady Banks, Fort Lauderdale, FL?
What are the most popular neighborhoods near Shady Banks, Fort Lauderdale, FL?
The most popular neighborhoods near Shady Banks, Fort Lauderdale, FL are Shady Banks, Croissant Park, Oak River, Riverside Park and Flamingo Park.
Are home prices dropping in Shady Banks?
Yes, home prices in Shady Banks are down 5% in the last 12 months.
