7551 SW 42ND PLACE, DAVIE, FL, 33314
Active77 days on marketListed May 21, 2026MLS #O6409135
About this home
7551 SW 42ND PLACE
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.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,608
Sqft
0.3 ac
Lot size
1
Garage
1976
Year built
One
Levels
$370
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$3,798 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$3,798/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Davie actives
$370 vs $283
Days on market
77 vs 54 typical
Where $370/sqft sits among the 400 Davie actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Davie
Get to know Davie. See the full Davie guide →
DAVIE 33314 — neighborhood snapshot
Population
30,121
Median age
31.9
Median income
$63,791
Median home value
$347,600
Avg household
2.51
Households w/ children
3,009
For the school run
Broward County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Davie market
$1.2M → $570K
Davie median sold, yr/yr
96.3%
Sale-to-list ratio (12 mo)
36 of 400
Davie actives have cut their price
Median sold price, Davie, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 341% above the DAVIE 33314 median. See the full Davie market guide →
Paper trail
This home's history
Reality check
What actually sold near 7551 SW 42ND PLACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$700,000
5217 SW 87th Ave, Cooper City FL 33328
3 bd · 2 ba · 1,608 sqft · $435/sqft · 160 DOM
Sold · May ’26$592,000
4420 SW 82nd Way, Davie FL 33328
3 bd · 2.5 ba · 1,606 sqft · $369/sqft · 7 DOM
Sold · Mar ’26$440,000
7717 Paddock Pl, Davie FL 33328
2 bd · 2 ba · 1,600 sqft · $275/sqft · 6 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Eric Chery
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 7551 SW 42ND PLACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 7551 SW 42ND PLACE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Eric's phone and CRM.
Straight answers
7551 SW 42ND PLACE FAQs
What would the monthly payment be for 7551 SW 42ND PLACE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $3,798/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 7551 SW 42ND PLACE?+
The most recent tax bill on record (2024) was $2,446. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 7551 SW 42ND PLACE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Davie?+
At $595,000, this home is listed about 57% above the Davie median of $380,000. The market section on this page shows how the area is trending.
Which schools are assigned to 7551 SW 42ND PLACE?+
Driftwood Middle School (middle), Hollywood Hills High School (high), Silver Ridge Elementary School (elementary) — Broward County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$595,000 runs 341% above the DAVIE 33314 median — but at 1,608 sqft it's also 16% larger than the typical Davie listing.
02Trees/Woods & Water views
The trees/woods and water view is part of what you're buying — views hold value independently of the structure.
03Strong assigned schools
Driftwood Middle School, Hollywood Hills High School, Silver Ridge Elementary School — Silver Ridge Elementary School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of THE ANDERSON GROUP & CO PL · Alison Maltby. MLS #O6409135.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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