7551 SW 42ND PLACE, Davie, FL, 33314 | $595,000

One or more photo(s) has been virtually staged. ** BEAUTIFUL WATERFRONT HOME ** OVER-SIZED LOT ** FRUIT TREES ** LOW LOW LOW $150 ANNUAL LAKE FEE ** NO HOA ** Less than 2 miles to Nova Southeastern University (NSU) and HCA Florida University Hospital. Close to Fabulous Beaches, TWO International Airports, Downtown Davie, Stores, Restaurants, Cruise Ports and Hard Rock Stadium (home of the Miami Dolphins and the Miami Open Tennis Tournament). This perfectly located Waterfront Home, in sought-after LAKESHORE RANCHES in Davie, South Florida, is a Hidden Gem. An outstanding spacious Home, situated on a dead-end street. Split-plan with 3 bedrooms and 2 bathrooms, and the Kitchen and Family room thoughtfully separated from the Living Room and Formal Dining Room. All kitchen Whirlpool Energy Star appliances are included, PLUS Maytag Washer and Dryer, AND Plantation Shutters in the Living Room. NEW WATER HEATER OCT 2025 & AC 2023. Come Home and relax or entertain in your own beautiful backyard retreat, with easy-care landscaping, palm trees and fruit trees. You’ll enjoy access to your landscaped backyard and waterfront oasis in THREE different ways — through sliding glass doors from the Dining/Living Room, from the Kitchen/Family Room, and also directly from the PRIMARY SUITE. Step into your Backyard and enjoy Personal Water Views, Banana Trees, Palm Trees, all while Relaxing on your Lanai/Covered Porch. This House gives you the Gift of DAILY Fishing, Kayaking, Paddle-boarding, Swimming, etc. (non-motorized activities are welcome). There are also 2 Swim-Platforms for you to utilize. The LOW $150 annual fee to the Lake Association, covers the cost of treatment & general upkeep of the Lake. The proximity of this Wonderful Home to ALL that Florida has to offer, makes this an AMAZING OPPORTUNITY for First-time buyers, Families, Snowbirds and Investors alike. Just 15 Minutes to Fort Lauderdale-Hollywood International Airport (FLL), for non-stop domestic and International flights, PLUS the ADDITIONAL option of Miami International Airport just 20 miles away. You can drive to the Tri-Rail Train Station in approx 15 minutes, and the Brightline Train Station Ft Lauderdale in approx 20 minutes, offering you direct and simple travel to Orlando. There are additional access links via Floridas Turnpike and I-595.

Features

  • Rooms: 4
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: In Garage
  • Year Built: 1976
  • Garage: 1-car
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,608
  • Acreage: 0.3
  • Est. Taxes: $2,446
  • View: Trees/Woods, Water
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: O6409135
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/O6409135/7551sw42ndplace_davie_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 5/25/2026 3:17:07 PM)
Listing courtesy of THE ANDERSON GROUP & CO PL   Phone: 407-960-5657

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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7551 SW 42ND PLACE, Davie, FL, 33314

$595,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $476,000 $476,000 $476,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.474% 6.640% 5.972%
Monthly Tax Payment $204 $204 $204
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,931 $3,006 $3,953
Total Monthly Payment $3,227 $3,302 $4,249

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.