NOT LISTED FOR SALE

640 SW 8th Terrace Fort Lauderdale, FL 33315

Tarpon River Neighborhood

Estimated Value: $819,000 - $1,210,000

3 Beds
2 Baths
1,624 Sq Ft
$629/Sq Ft Est. Value

Last Sold July 24, 2018

Last sale price $575,000 $354 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $6,633/month

138 Days on Market

Highlights

  • Newly Remodeled
  • Den
  • Central Heating and Cooling System
  • River View
  • 2 Car Attached Garage
  • West Facing Home

About This Home

As of July 2018

Awesome opportunity to buy in one of Fort Lauderdale's best kept secrets! Tropical Point is an exclusive, private gated community with only 22 homes located on the South Fork of the New River. This 3 bedroom 2 bath has 100' of water frontage with protected dockage and No Fixed Bridges on the Tarpon River. It is just 5 houses off the New River, and minutes from downtown Las Olas. This charming gem is in original condition, but impeccably maintained. Seller is Motivated. ESTATE Sale.

Last Agent to Sell the Property

Bill McLaren

Allstar Realty Inc License #3009266 Listed on: 02/05/2018

Last Buyer's Agent

Alexander White

MMLS Assoc.-Inactive Member License #3254971

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,669

Year Built

  • Built in 1961 | Newly Remodeled

Lot Details

  • 6,936 Sq Ft Lot
  • River Front
  • Home fronts a canal
  • West Facing Home
  • Fenced
  • Property is zoned RS-8

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,624 Sq Ft Home
  • 1-Story Property
  • Den
  • Carpet
  • River Views
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • No Fixed Bridges

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Tropical Point Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 504210420116

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,669

Year Built

Built in 1961 | Newly Remodeled

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1961
  • Architectural Style: Detached, One Story
  • New Construction: Yes
  • Building Stories: 1
  • Year Built Details: New Construction
  • Special Features: 4098
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, First Floor Entry
  • Appliances: Some Gas Appliances, Dryer, Gas Range, Gas Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet
  • Living Area: 1624.0
  • Dining Room Type: Den

Exterior Features

  • Exterior Features: Fence
  • View: River
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Yes
  • Waterfront Features: Beach Access, Canal Front, Dock Access, No Fixed Bridges, River Front, Water Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Property Condition: New Construction
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 500.0
  • Community Features: Maintained Community
  • Senior Community: No
  • Association Fee Frequency: Annually
  • Pets Allowed: Conditional, Yes

Lot Info

  • Parcel #: 504210420116
  • Lot Size Sq Ft: 6936.0
  • Zoning Description: RS-8
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 9669.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2018
Closed on
Jul 25, 2018
Sold by
Manchester James and Manchester James
Bought by
Zama 640 Llc
Seller's Agent
Bill McLaren
Allstar Realty Inc
Buyer's Agent
Alexander White
MMLS Assoc.-Inactive Member
List Price
$770,000
Sold Price
$575,000
Premium/Discount to List
-$195,000
-25.32%
Current Estimated Value
$1,021,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,771
Avg. Annual Appreciation
7.76%

Purchase Details

Listed on
Feb 5, 2018
Closed on
Jul 23, 2018
Sold by
Manchester James and Manchester James
Bought by
Zama 640 Llc
Seller's Agent
Bill McLaren
Allstar Realty Inc
Buyer's Agent
Alexander White
MMLS Assoc.-Inactive Member
List Price
$770,000
Sold Price
$575,000
Premium/Discount to List
-$195,000
-25.32%
Source: Public Records

Range of Values:

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Average Value
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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
Zama 640 Llc $575,000 Attorney
Zama 640 Llc -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2018 07/24/18 Sold $575,000 -25.3% $354 / Sq Ft
06/24/2018 06/24/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $770,000 -- $474 / 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 $14,335 $801,620 -- --
2024 $14,079 $779,030 $149,820 $606,520
2023 $14,079 $756,340 $149,820 $606,520
2022 $14,330 $731,560 $0 $0
2021 $13,168 $660,950 $0 $0
2020 $12,149 $676,770 $149,820 $526,950
2019 $10,463 $546,250 $149,820 $396,430
2018 $10,794 $617,220 $149,820 $467,400
2017 $9,669 $509,510 $0 $0
2016 $2,731 $190,000 $0 $0
2015 $2,759 $188,680 $0 $0
2014 $2,783 $187,190 $0 $0
2013 -- $337,370 $138,720 $198,650
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Bill McLaren

    Allstar Realty Inc

    (954) 568-0096

    1 in this area

    47 Total Sales

    Bill McLaren
    Section Image

  • A

    Buyer's Agent in 2018

    Alexander White

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10107361

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-10-42-0116

Florida Broward County Fort Lauderdale 33315 Tarpon River

640 SW 8th Terrace, Fort Lauderdale, FL

This home is located at 640 SW 8th Terrace, Fort Lauderdale, FL 33315 since 05 February 2018 and is currently estimated at $1,021,771, approximately $629 per square foot. This property was built in 1961. 640 SW 8th Terrace is a home located in Broward County with nearby schools including Croissant Park Elementary School, New River Middle School, and Stranahan 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.

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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