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1116 Southwest 8th Terrace

1116 Southwest 8th Terrace, Fort Lauderdale, FL 33315
Property in Tarpon River
1 Units For Sale
Unit for sale at 1116 SW 8th Ter, Fort Lauderdale, FL 33315

$1,290,000

  • 4 Beds
  • 4 Baths
  • 2,933 ft²
1116 SW 8th Ter, Fort Lauderdale, FL 33315 Listing by Steven Koleno

Local assessors in Fort Lauderdale, FL have categorized 1116 Southwest 8th Terrace as a unknown type of property. The home was built in 2007 and is 17 years old. It was most recently renovated and altered in 2008. The property's lot size has been calculated to be 3,911 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1116 Southwest 8th Terrace has a total of 2,933 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a unknown for those who need a place to park their vehicle. The garage on the property is 387 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a unknown on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is unknown. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with unknown control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - unknown. The building has a unknown style roof that was made of unknown. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of unknown. As for flooring, was the material of choice during construction. Residents rely on unknown for their cooling system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1116 Southwest 8th Terrace was last sold in Dec 7, 2007 for $625,000. According to our calculations, that's $170.67 per sqft. Prior to that sales transaction, the property was sold for $445,000 in Mar 14, 2005. Current property owners are expected to pay $8,499 in taxes per year. The property on 1116 Southwest 8th Terrace was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $473,590. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.

Building Features

Exterior

Concrete Exterior

Parking

Attached Garage
Open Parking

Waterfront

Oceanfront

Pet Policy

Dogs Allowed / Cats Allowed
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230309
03/09/2023
4 Bed
4 Bath
2933 ft²
$1,350,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
2933 ft²
-
-
-
Steven Koleno
Beycome Brokerage Realty LLC
20221027 Unit A
10/27/2022
A
3 Bed
4 Bath
2933 ft²
$1,499,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
2933 ft²
-
-
-
Steven Koleno
Beycome Brokerage Realty LLC

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2008
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Parking Type: unknown
  • Garage Square Area: 387
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,911
  • Lot Size Frontage Feet: 661
  • Total Building Area: 3,662
  • Gross Building Area: 3,662
  • Building Area: 2,933
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,933
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: VINIK NO 2 25-33 B
  • Land Acres: 0.09
  • Legal Description 1: VINIK NO 2 25-33 B POR LOT 5 DESC AS:COMM SW COR LOT 5,NW ALG W/L 25.50 TO POB, CONT NW 25.50 TO NW COR LOT 5, NE 152.27,SW 37.84,W 53.14,S 4.05,W 53.67,SW 29.19 TO POB LESS THAT POR EAST OF THE PLATTED E/L OF LOT 5

Ownership

  • Current Owner : EHNEY JEFFREY B
  • Current Owner 2: BEREZYUK TAMARA
  • Previous Owner : SOUTHWEST 8TH TERRACE LLC
  • Owner Before Previous Owner: SHEIN MICHAEL
  • Owner Before Previous Owner 2: SHEIN JESSICA M
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 042601

Zoning

  • Zoning: RD-15

Geography

  • District: 0312
  • Parcel: 50-42-10-74-0540
  • Block: 3
  • Lot: 5,25
  • Meridian: SEC 10 TWN 50S RNG 42E
  • Municipality: FORT LAUDERDALE
  • Latitude: 26.1085
  • Longitude: -80.1509

    Address

  • Full Address: 1116 Sw 8th Ter
  • Address - House Number: 1116
  • Street Direction: SW
  • Address - Street Name: 8th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Fort Lauderdale
  • Carrier Code: C004
  • 4-Digit Zip Code: 1261
  • Zip Code: 33315

Valuation

    Tax

  • Total Area: 2,946
  • Tax Year: 2023
  • Tax Amount: $8,499
  • Tax Rate Code Area: 0312

    Appraisal Valuation

  • Standard Deviation: 0.0838
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 93
  • Final Value: 1,229,911
  • High Value: 1,333,095
  • Low Value: 1,126,726

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,000
  • First Open Lien Mortgage Lender: NORTH AMERICAN SAVINGS BANK FS
  • First Open Lien Mortgage Recording Date: Jul 14, 2009
  • First Open Lien Mortgage Loan Amount: $417,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2039

    Market Valuation

  • Market Total Value: $961,710
  • Market Land Value: $63,360
  • Market Improvement Value: $898,350

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $473,590

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 07, 2007
  • Current Sale Recording Date: Dec 17, 2007
  • Current Sale Transaction ID: 1092443369
  • Current Sale Price: $625,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 107568003
  • Previous Sale Recording Date: Mar 17, 2005
  • Previous Sale Contract Date: Mar 14, 2005
  • Previous Sale Amount: $445,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: NORTH AMERICAN SAVINGS BANK FS
  • First Mortgage Transaction Date: Dec 17, 2007
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Jan 01, 2038

About South Fort Lauderdale



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Frequently Asked Questions

What neighborhood is 1116 Southwest 8th Terrace located in?
The 1116 Southwest 8th Terrace is a located in the neighborhood of Tarpon River in South Fort Lauderdale, Fort Lauderdale.
How many listings are currently for sale in 1116 Southwest 8th Terrace?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 1116 Southwest 8th Terrace?
The average sales price for units in 1116 Southwest 8th Terrace is $1,290,000 , or $440/sqft. currently.

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