Luxury home — 425 NE 8th Street · Progresso Resub · Fort Lauderdale
$4,000,000
425 NE 8th Street, Fort Lauderdale, FL 33304
Fort Lauderdale, FL, 33304
— bd · — ba · 2,903 sqft
Listed by TB Real Estate Group, LLC
425 NE 8th Street, Fort Lauderdale, FL 33304
Listed by TB Real Estate Group, LLC
Add this home to your tour day
Pick up to 6 homes. Simon confirms times with each listing agent, then sends you the final schedule.
0 of 6 homes in your tour
Estimated monthly payment
$27,446/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 $27,446/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: AE · verify insurance quotes before buying.
About this home
Find similar homesTB Real Estate Group is proud to present a great value-add Quad-Plex opportunity located a few blocks from E SunriseBlvd and US 1. Also close to the fabulous Fort Lauderdale Beaches, and downtown Fort Lauderdale! The 4-plexconsists of (2) - 2 bedroom units, and (2) - 1 bedroom units. The Quad-Plex sits in the opportunity zone areawhere a lot of new developments are emerging. Excellent opportunity to re-purpose the land and be a part of thisfast-growing area.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 20%
The seller has come down from $5,000,000 to $4,000,000 — a $1,000,000 reduction since it came on the market.
586 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.)
≈ $27,446/mo
425 NE 8th Street, Fort Lauderdale, FL 33304 · Fort Lauderdale
Location
425 NE 8th Street, Fort Lauderdale, FL 33304
What buyers ask about this home
What are the estimated monthly carrying costs at 425 NE 8th Street, Fort Lauderdale, FL 33304?+
Property tax (after sale): $5,795/month est.; homeowners insurance: $896/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $6,691/month est. Principal and interest: $20,755/month; PMI: $0/month. Total for the payment scenario shown: $27,446/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 425 NE 8th Street, Fort Lauderdale, FL 33304?+
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 425 NE 8th Street, Fort Lauderdale, FL 33304 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 425 NE 8th Street, Fort Lauderdale, FL 33304?+
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 425 NE 8th Street, Fort Lauderdale, FL 33304?+
This listing has been on the market 586 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
North Side Elementary School
Elementary · 0.4 mi from this home · 120 Ne 11Th St, Fort Lauderdale
Sunrise Middle School
Middle school · 1.2 mi from this home · 1750 Ne 14Th St, Fort Lauderdale
Fort Lauderdale High School
High school · 1.0 mi from this home · 1600 Ne 4Th Ave, Fort Lauderdale
Zone boundaries published by Broward County Public Schools.
Other options for this address
Mount Bethel Christian Academy
Elementary · Private · Christian · Grades PK–7 · Fort Lauderdale
Somerset Academy Village Charter Middle School
Middle school · Charter · Grades 6–8 · Wilton Manors
ST. Thomas Aquinas High School
High school · Private · Catholic · Grades 9–12 · Fort Lauderdale
Edith Robinson Christian Academy
High school · Private · Christian · Grades 9–12 · Fort Lauderdale
Permission To Succeed Education Center
Pre-K & Kindergarten · Private · Grades PK–12 · Port ST. Lucie
Permission To Succeed Education Center
Pre-K & Kindergarten · Private · Grades K–12 · Port ST. Lucie
The International Family Academy
Pre-K & Kindergarten · Private · Grades K–12 · Fort Lauderdale
Murl Windsor Academy At Hollywood
Pre-K & Kindergarten · Private · Grades PK–12 · Fort Lauderdale
Lighthouse Christian Academy
Pre-K & Kindergarten · Private · Christian · Grades 4–12 · Oakland Park
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
Interested in this property?
$4,000,000 · MLS A11778453
$4,000,000
425 NE 8th Street
901 NE 16TH Avenue, Fort Lauderdale, FL 33304
Listed by Inbal Ruiz
7,772 sq ft
$3,950,000
View details
806 NE 16th Terrace, Fort Lauderdale, FL 33304
Listed by REI By Zip LLC
PROGRESSO
3 bd · 4 ba
$1,749,000
View details
65 ISLE OF VENICE Drive 65, Fort Lauderdale, FL 33301
Listed by Engel & Voelkers Fort Lauderda
NURMI ISLES ISLAND NO 4
4 bd · 5 ba · 3,444 sq ft
$2,695,000
View details
1527 NE 15TH Avenue, Fort Lauderdale, FL 33304
Listed by Better Homes & Gdns RE Fla 1st
PROGRESSO
3 bd · 4 ba · 2,775 sq ft
$1,550,000
View details
2518 Barcelona Drive, Fort Lauderdale, FL 33301
Listed by Compass Florida, LLC
SEA ISLAND
$4,195,000
View details
1432 NW 6th Avenue, Fort Lauderdale, FL 33311
Listed by Charles Rutenberg Realty FTL
PROGRESSO
3 bd · 2 ba · 1,219 sq ft
$539,000
View details