Prime waterfront redevelopment opportunity in the coveted Shady Banks neighborhood of Fort Lauderdale. This exceptional point lot property features a 3 bed, 2 bath home with a sparkling pool on a generous 8,028 sq/ft lot perfect for enjoying the Florida sunshine. With 120 feet of waterfront along a deep water canal, it's a boater's paradise with seamless access to the New River. The expansive lot offers space for redevelopment or customization, ideal for crafting your dream waterfront estate. Whether envisioning a modern architectural masterpiece or a classic coastal haven, this property provides the perfect canvas to bring your vision to life! Enjoy stunning waterfront views and the serene ambiance of Shady Banks, moments from the vibrant lifestyle of downtown Fort Lauderdale.
Sold for $900,000
$900,000
1542 SW 18th Terrace, Fort Lauderdale, FL 33312
3beds
1,548sqft
Single Family Residence
Built in 1953
8,028 Square Feet Lot
$879,500 Zestimate®
$581/sqft
$4,884 Estimated rent
Home value
$879,500
$783,000 - $985,000
$4,884/mo
Zestimate® history
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$6,265/mo
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Zillow last checked:
Listing updated:
Listed by:
David R Carlton 954-903-8114,
Compass Florida LLC
Bought with:
Rosemary S Purswell, 3083420
Sea Island Realty Inc.
Rosemary S Purswell, 3083420
Sea Island Realty Inc.
Source: BeachesMLS,MLS#: F10472485
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Gas Range, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier
Features
- Bedroom on Main Level, Dining Area, Separate/Formal Dining Room, Kitchen/Dining Combo, Main Level Primary, None, Vaulted Ceiling(s)
- Flooring: Terrazzo, Tile
- Windows: Other, Skylight(s)
- Has fireplace: Yes
Interior area
- Total structure area: 1,583
- Total interior livable area: 1,548 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Driveway, Garage
- Attached garage spaces: 1
- Has uncovered spaces: Yes
- Details: CarportSpaces:0.00
Features
- Levels: One
- Stories: 1
- Entry location: First Floor Entry,Skylight,Vaulted Ceilings
- Patio & porch: Porch, Balcony
- Exterior features: Balcony
- Has private pool: Yes
- Pool features: In Ground
- Has view: Yes
- View description: Preserve, Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Canal Access, Canal Front, No Fixed Bridges
- Frontage type: Waterfront
- Frontage length: 120.00,120.00
Lot
- Size: 8,028 Square Feet
- Dimensions: 8028
- Features: Fruit Trees, < 1/4 Acre
Details
- Parcel number: 504216290440
- Zoning: RS-8
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block
- Roof: Composition,Shingle
Condition
- Resale
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Pet deposit fee: $0
- Subdivision: Lauderdale Isles
HOA
- Has HOA: Yes
- Amenities included: Sports Fields
Location
- Region: Fort Lauderdale
Financial & listing details
- Price per square foot: $581/sqft
- Tax assessed value: $868,320
- Annual tax amount: $14,188
- Date on market: 11/20/2024
- Cumulative days on market: 3 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2025 | Sold | $900,000$581/sqft |
Source:  BeachesMLS #F10472485 Report a problem | ||
| 11/23/2024 | Pending sale | $900,000$581/sqft |
Source: BeachesMLS #F10472485 Report a problem | ||
| 11/20/2024 | Listed for sale | $900,000$581/sqft |
Source: BeachesMLS #F10472485 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,997 +6.6% | $775,620 +10% |
| 2024 | $15,003 +5.7% | $705,110 +10% |
| 2023 | $14,188 +21.6% | $641,010 +10% |
| 2022 | $11,667 +12.2% | $582,740 +10% |
| 2021 | $10,395 +119.5% | $529,770 +98% |
| 2020 | $4,736 +7.6% | $267,520 +2.3% |
| 2019 | $4,401 | $261,510 +1.9% |
| 2018 | $4,401 +5.8% | $256,640 +2.1% |
| 2017 | $4,158 +0.7% | $251,370 +2.1% |
| 2016 | $4,131 -0.6% | $246,200 +0.7% |
| 2015 | $4,157 -1.3% | $244,490 +0.8% |
| 2014 | $4,211 -0.9% | $242,550 -32.5% |
| 2013 | $4,248 +5.2% | $359,450 +5% |
| 2012 | $4,039 +3.9% | $342,260 +8% |
| 2011 | $3,888 -0.4% | $316,780 +40.9% |
| 2010 | $3,902 +6.5% | $224,770 +2.7% |
| 2009 | $3,665 +0.8% | $218,870 +0.1% |
| 2008 | $3,637 -4.2% | $218,660 +3% |
| 2007 | $3,797 -7.1% | $212,300 +2.5% |
| 2006 | $4,088 | $207,130 +3% |
| 2005 | -- | $201,100 +3% |
| 2004 | $4,287 +4% | $195,250 +1.9% |
| 2003 | $4,121 +0.7% | $191,610 +2.4% |
| 2002 | $4,093 +3.8% | $187,120 +3.2% |
| 2001 | $3,943 +2.6% | $181,310 |
| 2000 | $3,841 | -- |
Find assessor info on the county website
Neighborhood: Shady Banks
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Nearby schools
GreatSchools rating
- 6/10Croissant Park Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 5/10New River Middle SchoolGrades: 6-8Distance: 1.4 mi
- 5/10Stranahan High SchoolGrades: 9-12Distance: 0.9 mi
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Estimated market value
$879,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$879,500
- Florida
- Broward County
- Fort Lauderdale
- 33312
- Shady Banks
- 1542 SW 18th Terrace
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