Lake Clarke Terrace

1885 E Terrace Drive Drive E, FL 33460

4 beds · 3 baths · 1,976 ft²

Closed

$950,000

4.81%

Est. Payment $5,056/mo

MLS Sheet Video

4

Bedrooms

3

Bathrooms

1,976

Sq. Ft.

1976

Year Built

1

Stories

179

Days on Market

Description

This beautifully maintained 4bd/3bth waterfront home is a rare gem just minutes from I-95, offering unbeatable convenience and a resort-style experience. Featuring a private tikihut, mini golf course, heated pool, all-new kitchen appliances (just over a year old), and a brand-new AC installed summer 2024, it's perfect for both investors and end-users. Currently a top-performing short-term rental, it earned $120K in its first year with $65K in future reservations already secured and 5-star reviews on Airbnb and VRBO. Offered furnished or unfurnished, this home is truly turnkey. Whether you're looking to continue this profitable venture or enjoy it as a private retreat, this property delivers.

Facts

MLS#
R11085171
Subdivision
Lake Clarke Terrace
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1976
Lot Size
9,148 ft²
Sq. Ft.
1,976 ft²
Sq. Mt.
184 m²
Price per sq. ft.
$481/ft²
Price per sq. mt.
$5,163/m²
Stories
1
Garage
Pool
Private
Days on Market
179 days
Listed
Apr 26, 2025
Last Updated
Aug 15, 2026
Price/Lot Sq.Ft.
$104/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for ZIP 33460

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

August 2026

100/100
Buyers marketSellers market

23

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

8/15/2026Sold$950,000
10/8/2025Price change$950,000-4.8%
4/26/2025Listed for sale$998,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Estimated Monthly Payment

$5,998/mo

Principal & Interest

$5,056

Property Tax

$792

Insurance

$150

HOA

$0

20% ($190,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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