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3051 NE 48th Street #702, Fort Lauderdale, FL, 33308

2beds
2baths
1,450sqft
$399,000
$275price/sqft
$3,187/moest. monthly cost
$127,480/yrincome needed

About This Home

Enjoy the best of Florida coastal living from this 2BR/2BA canal front condo with ocean access (no fixed bridges!). The condo features an updated kitchen with brand new electrical panel (with permits), granite countertops, tile backsplash, and newer appliances. Relax on your private balcony with canal and ocean views. Building has passed 40- and 50-year inspections with funded reserves and no special assessments. Amenities include heated pool, sundeck, private storage, available boat dockage, and pet-friendly living. Association dues includes cable and internet. Walk to beach, dining, and nightlife!

Getting Around

78
WalkingVery Walkable
34
TransitSome Transit
64
BikeBikeable

Schools

5/10
Bennett Elementary SchoolGrades PK-53.2 mi
6/10
Sunrise Middle SchoolGrades 6-83.2 mi
6/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1970

Materials

  • Roof: Other
  • Construction materials: Block

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Disposal,Microwave,Refrigerator
  • Laundry features: Washer Dryer Install Allowed

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Features

  • Breakfast Bar,Bedroom on Main Level,Living/Dining Room,Main Level Primary,Split Bedrooms,Separate Shower,Walk-In Closet(s)
  • Flooring: Ceramic Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,450
  • Total interior livable area: 1,450 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 494318ak0600
  • Zoning: RMM-25
  • Special condition: Standard,Listed As-Is

Features

  • Levels: One
  • Stories: 1
  • Pool features: Association
  • Patio & porch: Open,Balcony
  • Exterior features: Balcony,Outdoor Living Area
  • Has view: Yes
  • View description: Canal,Intercoastal,Water
  • Has water view: Yes
  • Water view: Canal,Intercoastal,Water
  • Waterfront features: No Fixed Bridges,Ocean Access,Other

Parking

  • Total spaces: 1
  • Parking features: Assigned,Guest
  • Uncovered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Heat Wave
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters in Broward County and Florida

Flood
Hurricane
Severe Storm
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,017$24,204
Home Insurance *$542$6,504
Property Taxes $431$5,172
Electricity $197$2,366
Total$3,187$38,244
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$109,268/yr
40% on housing$95,610/yr
45% on housing$84,986/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.5%
4.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$275This listing

vs Other Active Listings

Avg $/sqft

ZIP 33308$528
Broward County$319

vs Homes Sold Last Month

Median $/sqft

ZIP 33308$548
Broward County$352

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-13Listed for sale$425,000
2020-12-28Sold$280,000
2020-12-23Contingent$299,999
2020-11-19Pending sale$299,999
2020-11-08Price change$299,999
2020-10-12Listed for sale$320,000
1988-04-01Sold$70,714

For Sale by Agent

AgentJason D Wetherington
BrokerageLoKation

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