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507 NW 8th Ave #1, Fort Lauderdale, FL, 33311

3beds
3baths
1,205sqft
$569,900
$473price/sqft
$4,855/moest. monthly cost
$194,200/yrincome needed

About This Home

FULLY-FUNCTIONING, TURNKEY, LICENSED SHORT-TERM RENTAL 3 BED/2.5 BATH RESIDENCE CLOSE TO LAS OLAS BLVD!! NO HOA!! BUY THE PROPERTY & YOU WILL ALSO GET A FUNCTIONING SHORT-TERM RENTAL BUSINESS SAVING YOU A LOT OF TIME & EFFORT IF LOOKING FOR A SHORT-TERM RENTAL PROPERTY. PROFESSIONALLY MANAGED BY AIRBNB SUPERHOST. GREAT OPPORTUNITY TO BUY ONE OR 2 SHORT-TERM RENTAL PROPERTIES AS THE ADJACENT PROPERTY IS ALSO FOR SALE. KEEP THE CURRENT AIRBNB SUPERHOST PROPERTY MANAGER OR USE YOUR OWN. SALE INCLUDES FUTURE BOOKINGS & ALL FURNITURE AND ACCESSORIES. PROPERTY IS A TWIN-HOME STYLE STRUCTURE ONLY ATTACHED BY ONE WALL TO THE PROPERTY NEXT DOOR. ONLY 3 YEARS OLD FOR WORRY-FREE OWNERSHIP AND LOW-COST PROPERTY INSURANCE. QUARTZ COUNTER TOPS AND STAINLESS STEEL APPLIANCES. PORCELAIN TILES IN THE FIRST FLOOR AND VINYL LAMINATE FLOORING ON THE SECOND FLOOR. 1/2 BATH ON THE FIRST FLOOR FOR GREATER CONVENIENCE. ALL 3 BEDROOMS ARE UPSTAIRS FOR MAXIMUM PRIVACY. UPSTAIRS LOFT FOR GAMING OR REMOTE WORKING. 1-CAR GARAGE WITH WASHER, DRYER AND ARCADE GAME. ADDITIONAL ASSIGNED PARKING SPACE OUTSIDE AS WELL AS GUEST SPACES. GREAT NEIGHBORHOOD WITH MUCH NEW CONSTRUCTION NEARBY, INCLUDING THE ADDERLY CONDO. ONLY 5 MINUTES TO ALL THE RESTAURANTS AND LOUNGES ON LAS OLAS BLVD. EAST OF I-95 AND CLOSE TO THE AIRPORT AND BEACHES FOR ULTIMATE CONVENIENCE. PERFECT FOR PRIMARY OCCUPANTS, SECOND HOME OR INVESTORS! LOW DOWN-PAYMENT FINANCING (3%-5%) IS ALSO POSSIBLE FOR PRIMARY RESIDENCE OCCUPANTS. NO HOA FEE!

Getting Around

79
WalkingVery Walkable
56
TransitGood Transit
56
BikeBikeable

Schools

6/10
Sunrise Middle SchoolGrades 6-82.1 mi
6/10

Construction

Condition

  • Year built: 2023

Materials

  • Roof: Shingle
  • Construction materials: CBS Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Water Heater,Ice Maker,Microwave,Electric Range,Refrigerator,Washer
  • Laundry features: In Garage

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Window features: Complete Impact Glass,Blinds

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,494
  • Total interior livable area: 1,205 sqft

Property

Details

  • Parcel number: 504203012010
  • Attached to another structure: Yes
  • Zoning: RMM-25

Features

  • Stories: 2
  • Entry location: First Floor Entry
  • Pool features: R30-No Pool/No Water
  • Exterior features: None
  • Has view: Yes
  • View description: Garden

Lot

  • Lot size: 2,251 sqft
  • Features: Less Than 1/4 Acre Lot

Parking

  • Total spaces: 1
  • Parking features: Additional Spaces Available,Guest,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered 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

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

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Heat Wave
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 $2,881$34,572
Home Insurance *$760$9,120
Property Taxes $1,017$12,204
Electricity $197$2,366
Total$4,855$58,260
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$166,457/yr
40% on housing$145,650/yr
45% on housing$129,466/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

$473This listing

vs Other Active Listings

Avg $/sqft

ZIP 33311$227
Broward County$319

vs Homes Sold Last Month

Median $/sqft

ZIP 33311$327
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
2026-04-01Price change$579,900
2026-02-13Listed for sale$589,900
2025-12-25Listing removed$599,900
2025-06-30Listed for sale$599,900
2024-11-12Sold$540,000
2023-08-10Sold$400,000
2018-10-24Sold$175,000

For Sale by Agent

AgentJose Gonzalez
BrokerageFlorida Realty of Miami Corp

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