Atlantic Luxury AdvisorsKeller Williams Realty Services

15 photos

5601 SW 38th St

Davie, FL 33314

$499,000
4
2
1,300 sq ft
6,030 sq ft
1959
Single Family Residence
386
Active

Listing courtesy of United Realty Group Inc. Contact: [email protected].

About this home

TENANT-OCCUPIED INVESTMENT OPPORTUNITY! Beautifully renovated property in Davie featuring a unique two-part layout. The main living area offers 3 bedrooms and 1 bathroom, while the second side features a large bedroom, 1 bathroom, and kitchenette, providing excellent flexibility for extended family, guests, or additional rental potential. The property offers approximately 1,300 SF of living area on a 6,030 SF lot and is currently generating $3,300/month in rental income with a lease through October 2027. Renovations include a modern kitchen with quartz waterfall countertops, impact windows, newer roof, and new A/C. No HOA. An excellent opportunity for investors seeking an income-producing property with a tenant already in place, renovated condition, and a flexible layout.

Virtual tour
What it costs to own
Estimated monthly payment
$3,588/mo
Principal and interest
$2,523
Property tax
$757
Homeowners insurance
$308
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$9,081/yr

Estimate: the price times the Broward County average total millage (19.86 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
Not stated in the listing; ask us
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.