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+54 photosGated community home — 15234 SW 40th Street · Riverstone · Davie
South Florida Luxury Living
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Open property magazine$1,700,000
15234 SW 40th Street, Davie, FL 33331
Davie, FL, 33331
5 bd · 4 ba · 3,726 sqft
Listed by LoKation
15234 SW 40th Street, Davie, FL 33331
Listed by LoKation
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Estimated monthly payment
$12,264/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $12,264/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: Zone not provided · verify insurance quotes before buying.
About this home
Find similar homesWelcome to Riverstone, an exclusive & guard-gated community. Presenting this 1-story estate home on an oversized lakefront lot. This open & spacious residence features 5 bedrooms & 4 baths. All bedrooms with full walk-in closet. The grand foyer features views to the backyard & lake. Large social areas with dramatic volume ceilings. Separate dining room with granite buffet, breakfast room & kitchen with snack-bar. Living room features a step-down wet bar. Social areas have neutral porcelain tile throughout. Primary suite includes dual vanities, separate WC, Roman tub, oversized walk-in shower. Features a semi-circular driveway, 3-car garage & 3-central AC units. Upgraded with a custom designed pool plus an oversized travertine patio. Fully fenced back yard with lush tropical landscaping.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
210 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
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Your costs (est.)
≈ $12,264/mo
15234 SW 40th Street, Davie, FL 33331 · Davie
Location
15234 SW 40th Street, Davie, FL 33331
One home, every check
Dock & Draft Match™ brings this home's dock length, low-water depth, every bridge, the ocean run, frontage and yacht size together in one place. Estimate only, not guaranteed. Verify before you buy or sell.
What buyers ask about this home
What are the estimated monthly carrying costs at 15234 SW 40th Street, Davie, FL 33331?+
Property tax (after sale): $2,163/month est.; homeowners insurance: $936/month est.; HOA: $345/month. Fixed ownership costs before a mortgage: $3,444/month est. Principal and interest: $8,821/month; PMI: $0/month. Total for the payment scenario shown: $12,264/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 15234 SW 40th Street, Davie, FL 33331?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 15234 SW 40th Street, Davie, FL 33331 need flood insurance, and what drives the premium?+
Most of Davie sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 15234 SW 40th Street, Davie, FL 33331?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
What extra costs come with the waterfront at 15234 SW 40th Street, Davie, FL 33331?+
Waterfront ownership adds seawall maintenance and eventual replacement, dock and lift servicing, higher flood and wind premiums, and salt-air upkeep on exterior finishes and equipment. Confirm bridge height and water depth at low tide if you plan to keep a boat.
Is there room to negotiate on 15234 SW 40th Street, Davie, FL 33331?+
This listing has been on the market 210 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Located in Davie, this property offers the South Florida lifestyle — warm-weather living year-round with easy access to the Atlantic coast, A-rated schools, and major business centers.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Country Isles Elementary School
Elementary · 2.4 mi from this home · 2300 Country Isles Rd, Weston
Zone boundaries published by Broward County Public Schools.
Other options for this address
ST. Mark The Evangelist Catholic School
Elementary · Private · Catholic · Grades PK–8 · Southwest Ranches
Cooper City Christian Academy
Pre-K & Kindergarten · Private · Christian · Grades K–12 · Cooper City
New Generation Christian Academy
Pre-K & Kindergarten · Private · Christian · Grades K–12 · Davie
David Posnack Jewish Day School
Pre-K & Kindergarten · Private · Jewish · Grades PK–12 · Davie
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
Interested in this property?
$1,700,000 · MLS B26015982
$1,700,000
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