Rare opportunity to acquire a brand-new construction 7,500+ sq ft private compound on approx. 0.5 acre in Fort Lauderdale, pre-built with infrastructure to support conversion into a single-family residence, subject to city requirements. Currently configured as a high-end institutional-style property, the layout offers exceptional scale, privacy, and flexibility for a luxury residence, multi-generational estate, private family compound, or live/work-style estate. The property features a grand central gathering space that can be reimagined as an open-concept living room, formal entertaining area, theater, lounge, or recreation space. Additional areas include a dining/social hall, study/library with built-ins, multiple bathrooms, offices, kitchen/dining setup, outdoor kitchen, gym/fitness room, game room, attached private living area, and an upstairs 2-bedroom / 1-bath apartment ideal for guests, in-laws, extended family, staff, caretaker use, or live-in help. With costly infrastructure already in place, this property offers a head start for a buyer seeking a custom private estate. Parking for approx. 25–30 vehicles is ideal for large families, entertaining, staff, guests, or car collectors. An optional 17,000 sq ft rear lot may also be available, offering upside for a pool, guest house, sports court, garden, or expanded estate grounds. A unique South Florida property combining new construction, scale, privacy, infrastructure, and residential conversion potential.
New construction
Price cut: $509K (8/4)
$4,990,000
5940 SW 37th Ave, Fort Lauderdale, FL 33312
6beds
7,477sqft
Single Family Residence
Built in 2025
0.5 Acres Lot
$4,670,000 Zestimate®
$667/sqft
$-- HOA
What's special
- 141 days
- 383
- 16
Zillow last checked:
Listing updated:
Listed by:
Gil Grafi 305-349-3315,
United Realty Group Inc
Source: MIAMI,MLS#: A12018025
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Recreation Room
Heating
- Central
Cooling
- Electric
Appliances
- Included: Dryer, Free-Standing Freezer, Electric Range, Refrigerator, Oven, Washer
- Laundry: In Garage
Features
- Separate Guest/In-Law Quarters, Maid/In-Law Quarters
- Flooring: Tile
- Doors: High Impact Doors
Interior area
- Total structure area: 8,237
- Total interior livable area: 7,477 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Additional Spaces Available, Circular Driveway, Guest
- Carport spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 2
- Entry location: First Floor Entry
- Exterior features: Barbecue, Tennis Court(s)
- Pool features: R30-No Pool/No Water
- Has view: Yes
- View description: Other
Lot
- Size: 0.5 Acres
- Features: 1/4 To Less Than 1/2 Acre Lot
Details
- Additional structures: Studio Apartment
- Parcel number: 504231020140
- Zoning: RS-12000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete
- Roof: Flat Roof With Facade Front
Condition
- New Construction
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Features: Fitness Center, Game Room, Exercise Room
- Subdivision: Harger Hills
HOA
- Has HOA: No
Location
- Region: Fort Lauderdale
Financial & listing details
- Price per square foot: $667/sqft
- Tax assessed value: $1,847,910
- Annual tax amount: $34,641
- Date on market: 6/1/2026
- Listing terms: All Cash,Conventional,Cryptocurrency
Estimated market value
$4,670,000
$4.44M - $4.90M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Price change | $4,990,000-9.3%$667/sqft |
Source: | ||
| 6/2/2026 | Listed for sale | $5,499,000+789.8%$735/sqft |
Source: | ||
| 7/20/2020 | Sold | $618,000-4.8%$83/sqft |
Source: | ||
| 6/30/2020 | Pending sale | $649,000$87/sqft |
Source: Synergy Realty of South Fl Inc #F10232664 Report a problem | ||
| 6/4/2020 | Listed for sale | $649,000+4.7%$87/sqft |
Source: Synergy Realty of South Fl Inc #F10232664 Report a problem | ||
| 12/20/2017 | Sold | $620,000-0.8%$83/sqft |
Source: Public Record Report a problem | ||
| 12/19/2017 | Pending sale | $624,900$84/sqft |
Source: Decorus Realty LLC #A10318182 Report a problem | ||
| 8/3/2017 | Price change | $624,900-16.7%$84/sqft |
Source: Decorus Realty LLC #A10318182 Report a problem | ||
| 12/6/2016 | Price change | $750,000-9.1%$100/sqft |
Source: Terrabella Realty #A10077337 Report a problem | ||
| 5/19/2016 | Price change | $825,000-13.1%$110/sqft |
Source: Terrabella Realty #A10077337 Report a problem | ||
| 5/5/2016 | Listed for sale | $949,000+376.5%$127/sqft |
Source: Terrabella Realty #A10077337 Report a problem | ||
| 9/1/1990 | Sold | $199,179$27/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $34,641 +3.2% | $1,741,230 +10% |
| 2024 | $33,560 +7.9% | $1,582,940 +10% |
| 2023 | $31,099 +149.6% | $1,439,040 +135.8% |
| 2022 | $12,459 +9.9% | $610,290 +10% |
| 2021 | $11,336 +13.8% | $554,810 +5.7% |
| 2020 | $9,964 -8.3% | $525,110 |
| 2019 | $10,870 | $525,110 -0.4% |
| 2018 | $10,870 +1.2% | $527,000 -12.6% |
| 2017 | $10,742 -12.6% | $602,980 +117.1% |
| 2016 | $12,297 +133.2% | $277,780 +0.7% |
| 2015 | $5,273 +0.4% | $275,850 +0.8% |
| 2014 | $5,252 | $273,670 -43.6% |
| 2013 | $5,252 +3.4% | $485,240 -3.7% |
| 2012 | $5,079 +2.9% | $503,760 +33.8% |
| 2011 | $4,935 -2.2% | $376,460 +49.2% |
| 2010 | $5,045 +6.8% | $252,290 +2.7% |
| 2009 | $4,725 +3.8% | $245,660 +0.1% |
| 2008 | $4,552 -4.4% | $245,420 +3% |
| 2007 | $4,763 -5.7% | $238,280 +2.5% |
| 2006 | $5,053 | $232,470 +3% |
| 2005 | -- | $225,700 +3% |
| 2004 | $5,093 +0.4% | $219,130 +1.9% |
| 2003 | $5,073 +0.5% | $215,050 +2.4% |
| 2002 | $5,047 +4% | $210,010 +1.6% |
| 2001 | $4,855 +4.2% | $206,710 |
| 2000 | $4,660 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 33312
Nearby schools
Schools provided by the listing agent
- Middle: Attucks
- High: Hollywood Hl High
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







