Luxury home — 1960 NE 56th Street · Coral Ridge Add · Fort Lauderdale
$950,000
1960 NE 56th Street, Fort Lauderdale, FL 33308
Fort Lauderdale, FL, 33308
— bd · 0 ba · 2,900 sqft
Listed by LoKation
1960 NE 56th Street, Fort Lauderdale, FL 33308
Listed by LoKation
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Estimated monthly payment
$6,744/mo
Income & expenses
Income and operating expenses: Not provided — Ask Simon for the seller's rent roll and operating statement. No return calculation available.
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 $6,744/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 homesGreat opportunity in Coral Ridge, Ft Lauderdale. 15 minutes to beaches, shops, restaurants, shopping. Location is key for multi family units.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
134 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
Your costs (est.)
≈ $6,744/mo
1960 NE 56th Street, Fort Lauderdale, FL 33308 · Fort Lauderdale
Location
1960 NE 56th Street, Fort Lauderdale, FL 33308
What buyers ask about this home
What are the estimated monthly carrying costs at 1960 NE 56th Street, Fort Lauderdale, FL 33308?+
Property tax (after sale): $1,210/month est.; homeowners insurance: $605/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $1,815/month est. Principal and interest: $4,929/month; PMI: $0/month. Total for the payment scenario shown: $6,744/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 1960 NE 56th Street, Fort Lauderdale, FL 33308?+
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 1960 NE 56th Street, Fort Lauderdale, FL 33308 need flood insurance, and what drives the premium?+
Most of Fort Lauderdale 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 1960 NE 56th Street, Fort Lauderdale, FL 33308?+
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 (cast iron and polybutylene are common in homes of this era), and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 1960 NE 56th Street, Fort Lauderdale, FL 33308?+
This listing has been on the market 134 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
Fort Lauderdale. Venice of America — 165+ miles of navigable waterways, Las Olas dining, and easy I-95 / Brightline access.
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
Floranada Elementary School
Elementary · 0.7 mi from this home · 5251 Ne 14Th Way, Fort Lauderdale
James S. Rickards Middle School
Middle school · 1.0 mi from this home · 6000 Ne 9Th Ave, Oakland Park
Zone boundaries published by Broward County Public Schools.
Other options for this address
Shepherd Of The Coast Lutheran School
Elementary · Private · Christian · Grades K–8 · Fort Lauderdale
New Generation Montessori Children'S Academy
Elementary · Private · Grades PK–PK · Pompano Beach
Somerset Academy Village Charter Middle School
Middle school · Charter · Grades 6–8 · Wilton Manors
Edith Robinson Christian Academy
High school · Private · Christian · Grades 9–12 · Fort Lauderdale
ST. Thomas Aquinas High School
High school · Private · Catholic · Grades 9–12 · Fort Lauderdale
Millennium Leadership Christian Academy Inc
Pre-K & Kindergarten · Private · Christian · Grades PK–12 · Parkland
Lighthouse Christian Academy
Pre-K & Kindergarten · Private · Christian · Grades 4–12 · Oakland Park
Ameribelge Center For Education
Pre-K & Kindergarten · Private · Grades PK–11 · Fort Lauderdale
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
Simon Gedz
Realtor® since 1995
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