NOT LISTED FOR SALE

507 SW 7th Ave Unit 4 Fort Lauderdale, FL 33315

Tarpon River Neighborhood

Estimated Value: $990,000 - $1,168,424

3 Beds
2.5 Baths
2,632 Sq Ft
$399/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $1,200,000 $456 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $8,454/month

48 Days on Market

Highlights

  • Property has ocean access
  • River View
  • Community Pool
  • Gated Community
  • Screened Porch
  • Tennis Courts

About This Home

As of May 2024

Direct Riverfront Fee Simple Townhouse (not a condo) w. 2 car garage in Downtown Fort Lauderdale overlooking the New River. Walk out of your living room to amazing boat watching and your deeded dock to accommodate a boat up to 35’ Over 2,600 square feet of A/C living space. 1st floor living area with beautiful water views from your living room. 1/2 bath downstairs. Electric Screened-in porch. Full Home Generator. Elevator. Gated community comprised of 19 townhomes including community pool and tennis courts. Walking distance to the Riverfront Park and Downtown Fort Lauderdale restaurants and shopping. Easy access to 95/595 via Davie Blvd for commutes. HOA includes but not limited to flood/hazard/wind insurance, maint for roof, tennis court, pool, seawall, water, pest, gate. Pet Friendly

Last Agent to Sell the Property

Whitney Dutton

Native Realty Co. License #3248950 Listed on: 03/26/2024

Last Buyer's Agent

Anette Akerstrom

Douglas Elliman License #3131694

Douglas Elliman

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,636

Year Built

  • Built in 1994

Lot Details

  • River Front
  • South Facing Home

HOA Fees

  • $1,425 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,632 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Built-In Features
  • Blinds
  • Combination Dining and Living Room
  • Screened Porch
  • Utility Room
  • Tile Flooring
  • River Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Balcony

Schools

  • Croissant Park Elementary School
  • New River Middle School
  • Stranahan High School

Utilities

  • Central Heating and Cooling System
  • Power Generator
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5042101J0040

Community Details

Overview

  • Association fees include amenities, insurance, maintenance structure, sewer, trash, water
  • 19 Units
  • Tarpon River Club Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Phone Entry
  • Gated Community
  • Hurricane or Storm Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,636

Year Built

Built in 1994

Lot Details

0

HOA Fees

$1,425 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Year Built: 1994
  • Entry Level: 1
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Bedroom on Main Level, Breakfast Area, Eat-in Kitchen, Elevator, First Floor Entry, Living/Dining Room, Main Living Area Entry Level, Split Bedrooms, Separate Shower, Upper Level Primary, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 2632.0
  • Dining Room Type: Laundry, Utility Room
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony, Storm/Security Shutters, Shutters Manual
  • View: River, Water
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Beach Access, Dock Access, No Fixed Bridges, Ocean Access, River Front, Water Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces

Utilities

  • Other Equipment: Generator
  • Security: Complex Fenced, Phone Entry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: Generator
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 1425.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No Pet Restrictions, Yes

Fee Information

  • Association Fee Includes: Amenities, Insurance, Maintenance Structure, Sewer, Trash, Water

Schools

  • Elementary School: Croissant Park
  • High School: Stranahan
  • Middle Or Junior School: New River

Lot Info

  • Parcel #: 5042101J0040

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6636.0

Multi Family

  • Number Of Units In Community: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2024
Closed on
May 14, 2024
Sold by
Dorazio Margaret and Bette J Whitman Revocable Trust
Bought by
Oliver Michael J
Seller's Agent
Whitney Dutton
Native Realty Co.
Buyer's Agent
Anette Akerstrom
Douglas Elliman
List Price
$1,299,999
Sold Price
$1,200,000
Premium/Discount to List
-$99,999
-7.69%
Views
24
Current Estimated Value
$1,051,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$148,894
Avg. Annual Appreciation
-8.73%

Purchase Details

Closed on
Jan 18, 1995
Sold by
Tarpon River Club
Bought by
Whitman Bette R
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Oliver Michael J $1,200,000 Butler Title
Whitman Bette R $335,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2024 05/14/24 Sold $1,200,000 -7.7% $456 / Sq Ft
03/26/2024 03/26/24 For Sale $1,299,999 -- $494 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,326 $519,930 -- --
2024 $6,636 $952,990 $100,410 $852,580
2023 $6,636 $365,800 $0 $0
2022 $6,376 $355,150 $0 $0
2021 $6,190 $344,810 $0 $0
2020 $6,074 $340,050 $0 $0
2019 $5,719 $332,410 $0 $0
2018 $5,422 $326,220 $0 $0
2017 $5,390 $319,520 $0 $0
2016 $5,429 $312,950 $0 $0
2015 $5,511 $310,780 $0 $0
2014 $5,561 $308,320 $0 $0
2013 -- $459,910 $150,620 $309,290
Source: Public Records

Agents Affiliated with this Home

  • Whitney Dutton

    Seller's Agent in 2024

    Whitney Dutton

    Native Realty Co.

    (954) 614-6517

    11 in this area

    302 Total Sales

    Whitney Dutton
    Section Image

  • A

    Buyer's Agent in 2024

    Anette Akerstrom

    Douglas Elliman

    1 in this area

    19 Total Sales

    Anette Akerstrom
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10430097

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-10-1J-0040

Florida Broward County Fort Lauderdale 33312 Tarpon River

507 SW 7th Ave Unit 4, Fort Lauderdale, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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