5201 SW 31st Avenue # 241, Fort Lauderdale FL 33312 | Broward County

3
Bedrooms

2
Bathrooms

1339 Sq Ft
Area Size

5201 SW 31st Avenue # 241, Fort Lauderdale FL 33312 | Broward County | F10503629

$399,000

Description

BEAUTIFUL VILLA/TOWNHOME IN THE HEART OF HOLLYWOOD. SPACIOUS UNIT WITH VAULTED CEILINGS! COMPLETELY RENOVATED KITCHEN WITH STAINLESS STEEL APPLIANCES, NEW QUARTZ COUNTERTOPS AND BACKSPLASH! THREE BEDROOMS WITH LARGE CLOSETS. SPACIOUS MASTER BEDROOM FEATURES WALK-IN CLOSET!! MASTER BATH FEATURES JETTUB/SHOWER COMBO! LARGE SCREENED PORCH OUT BACK, GREAT FOR ENTERTAINING! UNIT INCLUDES NEW WASHER AND DRYER!! THIS PROPERTY IS LOCATED IN THE DESIRABLE “KEY NORTH” QUIET FAMILY ORIENTED COMMUNITY! CLOSE TO EVERYTHING, HOUSES OF WORSHIP, WALKING DISTANCE TO PUBLIX, RESTAURANTS, HARD ROCK, MAJOR HIGHWAYS, ETC! ACCESS TO COMMUNITY POOL INCLUDED! TENANT ACCUPIED! YEARLY LEASE $2800 A MONTH, LEASE ENDS NOVEMBER 2026.

Property Overview

This is a 3-bedroom, 2-bath home of about 1339 square feet at 5201 SW 31st Avenue # 241, Fort Lauderdale FL 33312 (Fort Lauderdale 33312), listed at $399,000.

Monthly Costs, Stated Plainly

The monthly HOA fee is $200.

The tax of record is $6,057 (2024). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Broward rate near 2.1%: without homestead, about $8,380/yr (≈ $698/mo); with the homestead exemption on a primary residence, about $7,330/yr (≈ $611/mo). Confirm with the Broward Property Appraiser and a tax professional — these are estimates, not quotes.

Frequently Asked Questions

What is the list price, and what typically conveys with a home like this?

The list price for 5201 SW 31st Avenue #241 is $399,000. While the MLS does not specify the furnished status, fixtures and built-in appliances typically convey with the home—always confirm specifics during due diligence. This unit includes access to shared HOA amenities like the clubhouse and community pool, but note the private pool listed is a community feature, not part of the unit itself.

For precise details on what conveys or to discuss this Fort Lauderdale property further, contact Christopher Lazaro, your trusted local advisor, for personalized clarity.

Where exactly is it, and what should I know about the location?

5201 SW 31st Avenue #241 is situated in Fort Lauderdale 33312, a sought-after coastal corridor just minutes from the Intracoastal Waterway and pristine beaches. The location offers convenient access to major thoroughfares like I-95 and US-1, with shopping, dining, and marinas nearby. For precise details on this dynamic neighborhood, contact Christopher Lazaro, Fort Lauderdale Real Estate Professional, to discuss your priorities or schedule a private tour.

What are the HOA / association fees, and what do they cover?

The monthly HOA fee for 5201 SW 31st Avenue #241 is $200, which covers trash removal as confirmed by the community's records. This well-maintained Fort Lauderdale neighborhood also adheres to city ordinances, which you can review in detail here. For precise details on community guidelines or to discuss how this impacts your lifestyle, contact Christopher Lazaro, Fort Lauderdale Real Estate Professional, who can provide verified insights tailored to your needs.

What are the property taxes and homestead implications?

For 5201 SW 31st Avenue #241, the tax of record is $6,057 (2024). As an estimate only — Florida reassesses upon sale — at the $399,000 list price and Broward’s approximate 2.1% rate: without homestead, expect around $8,380/yr (≈ $698/mo); with Florida’s homestead exemption (which reduces taxable value only for primary residences), roughly $7,330/yr (≈ $611/mo). These projections are not quotes — always confirm with the Broward Property Appraiser and your tax advisor. For precise figures tailored to your situation, contact Christopher Lazaro, Fort Lauderdale Real Estate Professional.

Is the home in a flood zone, and what does that mean?

Flood zones indicate a property's risk level for flooding, with FEMA classifying areas as high-risk (like "A" or "V" zones) or moderate/low-risk ("B," "C," or "X"). FEMA's flood zone definitions clarify these categories, while View the FEMA flood map for this address provides specifics for 5201 SW 31st Avenue #241. Lenders often mandate flood insurance in high-risk zones, so verifying this early is key. For precise guidance, connect with Christopher Lazaro, Fort Lauderdale Real Estate Professional—he’ll ensure you’re fully informed.

Are pets allowed?

Since this is a single-family home at 5201 SW 31st Avenue # 241, there’s no condo or HOA board restricting pets — the owner sets the policy, within local ordinances and any active lease terms. Documented service animals and emotional support animals (ESAs) are protected under federal law. For the most current details on this $399,000 property, connect with Christopher Lazaro, Fort Lauderdale Real Estate Professional, who’ll clarify all specifics.

How is the price set and is there room to negotiate?

The list price of $399,000 reflects a competitive CMA analysis tailored to this building and vicinity, but Broward's broader market context is key—single-family homes have recently closed at 96% of original list, averaging 35 days to contract (MIAMI REALTORS®, May 2026). For a precise Fort Lauderdale-specific CMA before drafting an offer, let’s connect. Reach out to Christopher Lazaro, Fort Lauderdale Real Estate Professional, to verify the nuances and discuss strategy.

What financing step do you recommend before touring?

Before touring 5201 SW 31st Avenue #241, I strongly recommend securing a pre-approval from a Florida-licensed mortgage loan officer—this clarifies your budget and strengthens your offer. Connect with a trusted MLO here to streamline the process. Once pre-approved, reach out to Christopher Lazaro, Fort Lauderdale Real Estate Professional, to schedule a showing and discuss strategy for this $399,000 3-bedroom home.