Price Check
How this price compares
- List price
- $563,000
- Price per sq ft
- $290
- Vs. nearby sales
- 19.9% below
- Days on market
- 23
This 3-bedroom single-family home in Silver Lake is listed at $563,000, or $290 per square foot. The asking price has come down 6% from its original $598,900. It has been on the market for 23 days. The 4 most recent single-family home sales in the closings shown below sold at a median of $362 per square foot, so the asking price is 19.9% below what comparable homes here actually sold for.
Estimated monthly payment
$2,959 /mo
Principal and interest only, based on $112,600 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $563,000
- Days on Site
- 23 Days
- Bedrooms
- 3
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,940 sqft
- Total Sq Ft
- 2,469 sqft
- Lot Size
- 0.15 Acres
- Year Built
- 1973
- Property Type
- Single Family
- MLS #
- A12086934
- Property Tax
- $9,206 (2025)
- Subdivision
- SILVER LAKE
- County
- Broward
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
MAJOR PRICE REDUCTION! Now $563,000 — reduced $35,900! Seller is motivated! Welcome to this spacious 3-bedroom, 2-bathroom single-family home in the desirable city of Davie. Featuring approximately 1,940 square feet of living space, this one-story home offers a functional layout with generous living areas and versatile spaces to accommodate today’s lifestyle. New Roof 2024. The property also features a detached structure that can be used as an efficiency, offering an excellent opportunity for extra income or a private space for guests. Enjoy the covered patio and ample outdoor space, perfect for relaxing or entertaining. Situated on a 6,604-square-foot lot with a driveway and no HOA restrictions, this property offers flexibility and potential. Conveniently located near major highways, shopping, dining, schools, and just minutes from the Hard Rock Hotel & Casino, with easy access to Fort Lauderdale and Hollywood. A great opportunity for homeowners and investors looking for space, flexibility, and income potential. MOTIVATED SELLER! Seller is offering $8,000 toward buyer's closing costs with a full-price offer. Don't miss this opportunity! Property is being sold As-Is.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 1973
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 0
- Parking
- Attached Carport / Covered / Carport / Guest
- Direction Faces
- South
- Lot Size (Acres)
- 0.15
- Living Sq Ft
- 1,940
- Total Sq Ft
- 2,469
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- R-5
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Microwave / Washer
- Cooling
- Ceiling Fans / Electric
- Heating
- Electric
- Flooring
- Ceramic Tile
- Interior Features
- Living Dining Room / Main Level Primary / Storage / Separate Shower
Exterior Features
- Construction
- Block
- Roof
- Shingle
Community & HOA
- Association Amenities
- Laundry
- Security
- Smoke Detectors
- Utilities
- Cable Available
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- No Restrictions / Ok To Lease
- MLS Area
- 3090
Schools
- Elementary School
- Driftwood
- Middle School
- Driftwood
- High School
- Hollywood Hills
About the Community
Silver Lake is a community in Davie, Broward County, Florida. Active listings are priced from $535,000 to $620,000. Homes were built between 1961 and 1973. Pure Equity lists homes in Silver Lake and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 2
- Median List Price
- $591,500
- Median $/Sq Ft
- $305
- Avg Days on Market
- 72
Frequently Asked Questions
- How do I schedule a tour of 5220 SW 57th Street, Davie, FL 33314?
- Use the Tour button on this listing to request a showing of 5220 SW 57th Street, Davie, FL 33314. 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 5220 SW 57th Street, Davie, FL 33314 still available?
- 5220 SW 57th Street, Davie, FL 33314 is currently listed as Active, and has been on the market 23 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 5220 SW 57th Street, Davie, FL 33314?
- With 20% down ($112,600) on the $563,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5220 SW 57th Street, Davie, FL 33314 is about $2,959/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 5220 SW 57th Street, Davie, FL 33314?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5220 SW 57th Street, Davie, FL 33314. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 5220 SW 57th Street, Davie, FL 33314?
- 5220 SW 57th Street, Davie, FL 33314 is zoned for Driftwood (elementary), Driftwood (middle), Hollywood Hills (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 5220 SW 57th Street, Davie, FL 33314?
- Often, yes. The right offer on 5220 SW 57th Street, Davie, FL 33314 depends on how it's priced against comparable single family sales in Davie, 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 My Realty Group, LLC.
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 11, 2026.
$563,000
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Listed by Livia N Rojas, My Realty Group, LLC.
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Recent Sales
Recently sold homes in Silver Lake
These are the last 6 recorded closings in Silver Lake, with the price each home actually sold for rather than what it was listed at. They closed at a median of $378 per square foot. The most recent closed on September 17, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$514,900
Sold · September 17, 2026
5811 SW 53RD Terrace
3 bed · 2 bath · 1,310 sqft · $393/sqft
Sold$515,000
Sold · August 20, 2026
5700 SW 54th Terrace
3 bed · 2 bath · 1,361 sqft · $378/sqft
$34,999 under the asking price
Sold$520,000
Sold · July 7, 2026
5730 SW 54th Terrace
3 bed · 2 bath
$15,000 under the asking price
Sold$450,000
Sold · October 31, 2025
5721 SW 54th Terrace
4 bed · 2 bath · 1,306 sqft · $345/sqft
Sold$420,000
Sold · October 14, 2025
5751 SW 54th Avenue
4 bed · 2 bath · 1,369 sqft · $307/sqft
$19,000 under the asking price
Sold$500,000
Sold · October 9, 2025
5731 SW 54th Terrace
4 bed · 2 bath
$35,999 under the asking price
See every recorded sale in Silver Lake or find out what your Silver Lake home is worth.
