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386 NW 40th Terrace, Deerfield Beach, FL 33442
Active
27 Days on Market
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How this price compares

List price
$584,000
Price per sq ft
$418
Vs. nearby sales
24.4% above
Days on market
27

This 3-bedroom single-family home in Villages Of Hillsboro Sec 1 is listed at $584,000, or $418 per square foot. The asking price has come down 2.5% from its original $599,000. It has been on the market for 27 days. The 6 most recent single-family home sales in the closings shown below sold at a median of $336 per square foot, so the asking price is 24.4% above what comparable homes here actually sold for.

3
Bedrooms
2
Bathrooms
1,397
Living Sq Ft
1980
Year Built

Estimated monthly payment

$3,069 /mo

Principal and interest only, based on $116,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$584,000
Days on Site
27 Days
Bedrooms
3
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,397 sqft
Total Sq Ft
1,861 sqft
Lot Size
0.16 Acres
Year Built
1980
Property Type
Single Family
MLS #
B26070646
Property Tax
$9,284 (2025)
HOA Fees
$205 / Annually
Subdivision
VILLAGES OF HILLSBORO SEC 1
County
Broward
Status
Active
Special Conditions
Standard

About This Property

Welcome to this extensively renovated 3 bedroom, 2 bathroom single family home in the desirable Villages of Hillsboro Section 1 in Deerfield Beach. Offering approximately 1,397 square feet of living space, this single story residence has been comprehensively updated with an impressive list of brand new features, providing buyers with the opportunity to enjoy the benefits of a virtually rebuilt home. The renovation includes all new drywall, plumbing, electrical breaker panel, water heater, kitchen cabinetry, appliances, hurricane impact windows and doors, and a brand new roof. The home retains its original shell and trusses, along with some existing wiring, while virtually everything else has been thoughtfully renovated or replaced. The property also underwent professional foundation repairs, adding an important level of structural improvement to the home. Inside, the bright and modern interior features an open concept floor plan with light wood look flooring, crisp white walls, recessed lighting, and abundant natural light throughout. The spacious living and dining areas are enhanced by large impact windows and sliding glass doors overlooking the private backyard, creating an inviting space for both everyday living and entertaining. The beautifully renovated kitchen is a standout feature, offering white shaker style cabinetry, white countertops, coordinating backsplash, brand new stainless steel appliances, contemporary fixtures, and a raised breakfast bar peninsula with additional seating. The open design allows the kitchen to flow seamlessly into the dining and living areas. The three bedrooms are bright and comfortable, with windows providing plenty of natural light and convenient closet storage. The updated bathrooms continue the home's modern aesthetic with white vanities, solid surface countertops, black fixtures and hardware, contemporary tile finishes, and stylish details. The primary bathroom features a walk in shower with dark marble look accent tile, glass block window, and rainfall showerhead. Additional improvements include a 2 car garage with a hurricane rated garage door and durable speckled gray epoxy flooring, along with a new water heater and convenient laundry area. The hurricane impact windows and doors provide added protection and peace of mind for South Florida living. Outside, the private fenced backyard offers a concrete patio, open grassy lawn, mature trees, and lush greenery, creating an ideal setting for outdoor entertaining, pets, gardening, or simply relaxing in the Florida sunshine. The property also features a manicured front lawn, mature landscaping, paved walkway, and attractive modern exterior. Located in Villages of Hillsboro Section 1, this home is conveniently positioned near a wide variety of everyday amenities, including grocery stores, shopping centers, local businesses, restaurants, coffee shops, bars, and entertainment. Residents can enjoy the convenience of being close to everything needed for everyday living while still having easy access to the area's beautiful coastal attractions. Deerfield Beach is known for its beautiful sandy beaches, oceanfront recreation, waterfront dining, and vibrant entertainment scene. Nearby Hillsboro Boulevard and the surrounding coastal area offer an array of restaurants, bars, cafés, shops, and entertainment options, while the beach and Intracoastal Waterway provide endless opportunities for boating, fishing, paddleboarding, swimming, and enjoying the South Florida lifestyle. For commuters and those looking to explore the surrounding area, the home offers convenient access to I 95 and major roadways, making travel to Boca Raton, Pompano Beach, Fort Lauderdale, and other South Florida destinations easily accessible.

MLS media link

General Features

Property Type
Single Family
Status
Active
Year Built
1980
Property Condition
Resale
Number of Stories
1
Levels
One
Garage Spaces
2
Attached Garage
Yes
Parking
Asphalt / Attached / Driveway / Garage / Garage Door Opener
Direction Faces
West
Lot Size (Acres)
0.16
Living Sq Ft
1,397
Total Sq Ft
1,861
Structure Type
House
Sewer
Public Sewer
Water Source
Public
Zoning
RS-5

Interior Features

Appliances
Dryer / Dishwasher / Energy Star Qualified Refrigerator / Electric Range / Electric Water Heater / Ice Maker / Microwave / Range / Refrigerator / Water Heater / Washer
Cooling
Central Air / Electric
Heating
Central / Electric
Flooring
Laminate / Terrazzo / Tile / Wood
Interior Features
Family Dining Room / High Ceilings / Living Dining Room / Main Level Primary / None / Vaulted Ceilings / Walk In Closets
Laundry
Washer Hookup / Inside / In Garage
Windows
Storm Windows
Main Level Bedrooms
3
Main Level Baths
2

Exterior Features

Construction
Block / Concrete / Stucco / Synthetic Stucco
Roof
Shingle
Exterior Features
None
Architectural Style
Georgian / Ranch
Lot Features
Less Than Quarter Acre

Community & HOA

HOA Fee
$205 / Annually
HOA Name
Gates of Hillsboro
HOA Includes
Insurance / Legal Accounting / Maintenance Grounds
Association Amenities
None
Community Features
Home Owners Association
Security
Smoke Detectors
Utilities
Electricity Connected / Sewer Connected / Water Connected
Pets Allowed
Size Limit / Yes
Financing Terms
Cash / Conventional / FHA / Va Loan
Restrictions
No Lease2nd Year Owned / Ok To Lease / Rental Restriction
MLS Area
3417

This home's HOA fee works out to $17 a month, 6% below the $18 median across 5 homes for sale in Villages Of Hillsboro Sec 1. See Villages Of Hillsboro Sec 1 HOA fees

Schools

Elementary School
Quiet Waters
Middle School
Lyons Creek
High School
Monarch
Homes for Sale
6
Under Contract
1
Median List Price
$645,000
Median $/Sq Ft
$343
Avg Days on Market
64
View all 6 homes for sale in Villages Of Hillsboro →
How do I schedule a tour of 386 NW 40th Terrace, Deerfield Beach, FL 33442?
Use the Tour button on this listing to request a showing of 386 NW 40th Terrace, Deerfield Beach, FL 33442. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 386 NW 40th Terrace, Deerfield Beach, FL 33442 still available?
386 NW 40th Terrace, Deerfield Beach, FL 33442 is currently listed as Active, and has been on the market 27 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 386 NW 40th Terrace, Deerfield Beach, FL 33442?
With 20% down ($116,800) on the $584,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 386 NW 40th Terrace, Deerfield Beach, FL 33442 is about $3,069/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 386 NW 40th Terrace, Deerfield Beach, FL 33442?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 386 NW 40th Terrace, Deerfield Beach, FL 33442. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 386 NW 40th Terrace, Deerfield Beach, FL 33442 have an HOA fee?
Yes: 386 NW 40th Terrace, Deerfield Beach, FL 33442 carries an HOA fee of about $205 annually (Gates of Hillsboro). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 386 NW 40th Terrace, Deerfield Beach, FL 33442?
386 NW 40th Terrace, Deerfield Beach, FL 33442 is zoned for Quiet Waters (elementary), Lyons Creek (middle), Monarch (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 386 NW 40th Terrace, Deerfield Beach, FL 33442?
Often, yes. The right offer on 386 NW 40th Terrace, Deerfield Beach, FL 33442 depends on how it's priced against comparable single family sales in Deerfield Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of The Rausch Real Estate Top Gun

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated September 1, 2026.

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Listed by Jonathan Rausch, The Rausch Real Estate Top Gun

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