$467,056 - $633,000
RENTED JAN 3, 2025

5240 SW 40th Terrace Unit 2 Davie, FL 33314

3 Beds
2 Baths
1,906 Sq Ft
$304 Price per Sq Ft

Highlights

  • No HOA
  • Tile Flooring
  • Water Purifier
  • Views
  • Central Heating and Cooling System

About This Home

As of January 2025

A STUNNING LOCATION CLOSE TO THE HARDROCK, 441, 595, SCHOOLS SHOPPING, AND MORE. 3 BED /2 FULL BATH UNIT IN DUPLEX. THE UNIT HAS CENTRAL AC, A LAUNDRY ROOM, AND PARKING SPACES, PERFECT FOR A FAMILY. EASY TO SHOW, MOVE IN WITH SECURITY AND FIRST, QUICK MOVE IN PROCESS.

Last Agent to Rent the Property

Adi Gal

Wharton Realty Group, LLC License #3230219 Listed on: 12/05/2024

Last Renter's Agent

Adi Gal

Wharton Realty Group, LLC License #3230219 Listed on: 12/05/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,873

Year Built

  • Built in 1970

Lot Details

  • 7,918 Sq Ft Lot

Parking

  • 2 Car Parking Spaces

Interior Spaces

  • 1,906 Sq Ft Home
  • Tile Flooring
  • Property Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Listing and Financial Details

  • Property Available on 12/5/24
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 504136020962

Community Details

Overview

  • No Home Owners Association
  • Broward Gardens Condos
  • Broward Gardens Subdivision

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,873

Year Built

Built in 1970

Lot Details

0

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2024-12-05
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1970
  • Property Sub Type: Multi Family
  • Architectural Style: First Floor Entry
  • Directions: Google Map.
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Single Family-Annual, Multi Family
  • Subdivision Name: BROWARD GARDENS
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Water Purifier, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1906
  • Bedroom Features: Entry Level

Exterior Features

  • View: Other
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: BROWARD GARDENS
  • Parking Features: 2 Spaces

Utilities

  • Sewer: Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 504136020962
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7918
  • Zoning: RD-8000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2022
Sold by
Hillel Gittler
Bought by
5240 Sw 40Th Terrace Llc
Current Estimated Value
$579,264

Purchase Details

Closed on
Feb 10, 2021
Sold by
Sky Do Properties Llc
Bought by
Gittler Hillel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,483
Interest Rate
2.65%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 22, 2019
Sold by
Davidson Rose
Bought by
Sky Do Properties Llc

Purchase Details

Closed on
Oct 25, 2018
Sold by
Davidson Vorrel and Davidson Rose
Bought by
Davidson Rose

Purchase Details

Closed on
Sep 15, 2007
Sold by
Davidson Rose and Davidson Vorrell
Bought by
Davidson Rose

Purchase Details

Closed on
Jun 9, 2004
Sold by
Shelton Ronald and Shelton Mary Jane
Bought by
Davidson Vorrel and Davidson Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,600
Interest Rate
8.15%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
5240 Sw 40Th Terrace Llc -- Yormack Law Pa
Gittler Hillel $425,000 Florida Title Center
Sky Do Properties Llc $240,000 Florida Title Center Llc
Davidson Rose -- None Available
Davidson Rose $114,000 None Available
Davidson Vorrel $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gittler Hillel $407,483
Previous Owner Davidson Vorrel $167,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2025 01/03/25 Rented $1,950 0.0% --
12/13/2024 12/13/24 Price Changed $1,950 -11.4% $1 / Sq Ft
12/05/2024 12/05/24 For Rent $2,200 -12.0% --
09/01/2023 09/01/23 Rented $2,500 0.0% --
08/16/2023 08/16/23 Under Contract -- -- --
07/28/2023 07/28/23 For Rent $2,500 +35.1% --
06/04/2021 06/04/21 Under Contract -- -- --
06/03/2021 06/03/21 Rented $1,850 0.0% --
04/29/2021 04/29/21 For Rent $1,850 +2.8% --
03/02/2020 03/02/20 Rented $1,800 -1.4% --
02/26/2020 02/26/20 Price Changed $1,825 +0.3% $1 / Sq Ft
02/24/2020 02/24/20 Price Changed $1,820 +1.1% $1 / Sq Ft
02/21/2020 02/21/20 Price Changed $1,800 -1.1% $1 / Sq Ft
02/19/2020 02/19/20 For Rent $1,820 -- --
Source: MIAMI REALTORS® MLS

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 $8,873 $413,330 $63,340 $349,990
2024 $8,603 $393,920 $63,340 $330,580
2023 $8,603 $373,570 $63,340 $310,230
2022 $8,130 $354,960 $63,340 $291,620
2021 $5,924 $229,110 $0 $0
2020 $5,365 $208,290 $63,340 $144,950
2019 $5,007 $193,400 $63,340 $130,060
2018 $4,620 $178,520 $63,340 $115,180
2017 $4,326 $155,740 $0 $0
2016 $4,055 $141,590 $0 $0
2015 $3,792 $128,720 $0 $0
2014 $3,425 $118,430 $0 $0
2013 -- $113,290 $63,340 $49,950
Source: Public Records

Agents Affiliated with this Home

  • Adi Gal

    Landlord's Agent in 2025

    Adi Gal

    Wharton Realty Group, LLC

    (305) 409-1305

    16 in this area

    195 Total Sales

    Adi Gal
    Section Image

  • F

    Buyer's Agent in 2021

    Frances Gunning

    Buy Rent Free S Florida

  • Herve Barbera

    Seller's Agent in 2020

    Herve Barbera

    Miar Realty, LLC.

    (305) 538-0135

    25 Total Sales

    Herve Barbera
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11704502

MIAMI REALTORS® MLS

APN: 50-41-36-02-0962

Florida Broward County Davie 33314

5240 SW 40th Terrace Unit 2, Davie, FL

This home is located at 5240 SW 40th Terrace Unit 2, Davie, FL 33314 since 05 December 2024 and is currently priced at $579,264. This property was built in 1970. 5240 SW 40th Terrace Unit 2 is a home located in Broward County with nearby schools including Stirling Elementary School, Attucks Middle School, and Hollywood Hills High School.

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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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