home in Fort Lauderdale, FL
Set in Fort Lauderdale, FL, this multifamily home provides 3,258 square feet.
| Price | $1,275,000 |
|---|
| Sqft | 3258 |
|---|
| Address | 1761 NE 55th Street, Fort Lauderdale, FL 33334 |
|---|
Why buy this home
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced a little above the area.
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $8,424/month with 20% down at a 7.28% 30-year fixed rate. You would need about $361,027 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $6,979/mo |
|---|
| Property tax (new-buyer reassessed rate) | $967/mo |
|---|
| Homeowners insurance | $478/mo |
|---|
| Total monthly | $8,424/mo |
|---|
| Down payment (20%) | $255,000 |
|---|
| Income needed | $361,027/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home A- (81 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | A- (81/100) |
|---|
| Beats renting in | 51% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $845,994 |
|---|
| Range (10th to 90th pct) | $562,805 to $1,191,024 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Estately