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$594,750

7551 SW 42ND PLACE, DAVIE, FL 33314

3D Tour
Active152 days on market

Beds

3

Baths

2

Sq Ft

1,608 sq ft

Year Built

1976

Lot Size

0.30 acres

Garage

1

About This Property

Virtually Staged. * BRAND NEW ROOF OCT 2026  * NEW INTERIOR PAINT OCT 2026 * WATER HEATER OCT 2025 * AC 2023 * WATERFRONT HOME * OVER-SIZED LOT * LOW $150 ANNUAL LAKE FEE * NO HOA * Spacious 3-bed 2-bath Waterfront Home on peaceful dead-end street.  Ideally located in sought-after Lakeshore Ranches, less than 2 miles from Nova Southeastern University & HCA Florida University Hospital.  Home offers amazing space, privacy, outdoor living, and location.  Relaxed South Florida lifestyle with water views, and convenient access to beaches, shopping, dining, entertainment, downtown Davie, cruise ports, 2 Intl Airports, Hard Rock Stadium, and major transport routes. ALL for a LOW $150 annual lake fee. Split floor plan includes 3 beds  2 baths, with kitchen and family room conveniently separated from living room and formal dining room.  Access the waterfront backyard via sliding doors from 3 areas of the home: living/dining rm, kitchen/family rm, and primary suite.   Plantation Shutters plus all kitchen appliances and washer dryer, are included.   Fish, kayak, swim, paddle-board in your own backyard, and water views from the covered lanai. LOW $150 annual lake fee gives you the waterfront lifestyle with minimal expense.  Tri-Rail and Brightline stations 20 mins away. Easy access to Florida’s Turnpike and I-595 makes commuting and travel simple.  Amazing opportunity for first-time buyers, families, snowbirds, and investors seeking a South Florida home with no HOA and an affordable annual lake fee.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #O6409135
StatusActive
Year Built1976
Total Rooms4
ConstructionBlock, Stucco
RoofShingle
FoundationStem Wall
FacesNorth
SubdivisionLAKESHORE RANCHES WEST
CountyBroward
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s), Window Treatments
FlooringLaminate, Tile
AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Washer
LaundryIn Garage
WindowsBlinds, Shades, Shutters
CoolingCentral Air
HeatingElectric

Exterior & Lot

ExteriorAwning(s), Lighting, Other, Private Mailbox, Sliding Doors
Lot Size0.30 acres (12,989 sq ft)
Road SurfaceAsphalt
ViewTrees/Woods, Water
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Connected, Electricity Connected, Sewer Connected, Water Connected

Parking

GarageYes (1 spaces)

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$594,750
Original Price$595,000
Annual Taxes$2,446 (2024)
ZoningR-3
Parcel #504127150180

Directions

Take 595 west to Floridas turnpike and 75. Take Davie road. Take sw 39th st. Take sw 76th ave. Take sw 42nd place. On your left 7551.

Location

7551 SW 42ND PLACE, DAVIE, FL 33314

Listing Information

OfficeTHE ANDERSON GROUP & CO PL
ListedMay 21, 2026

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Home Price

$594,750

20% ($118,950)
6.75%

Loan Term

Principal & Interest$3,086
Property Tax (est.)$545
Insurance (est.)$150
Total Monthly$3,781
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How to Buy This Home

Multiple financing options available for this $594,750 home in DAVIE.

🏛️

FHA Loan

$20,816 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$29,738 Down

Traditional financing. As low as 3-5% down with good credit.

🌾

USDA Loan

$0 Down

Zero down for eligible rural areas. Income limits apply.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee, just a starting point.

Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: October 31, 2026.

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