Price Check
How this price compares
- Asking price
- $499,999
- Price per sq ft
- $258
- Vs. nearby sales
- 28.7% below
- Days on market
- 15
This 3-bedroom single-family home in Silver Lake went under contract with an asking price of $499,999, or $258 per square foot. It spent 15 days on the market before going under contract. 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 was 28.7% below what comparable homes here actually sold for.
Estimated monthly payment
$2,628 /mo
Principal and interest only, based on $100,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $499,999
- Days on Site
- 15 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 #
- A12107127
- Property Tax
- $9,206 (2026)
- Subdivision
- SILVER LAKE
- County
- Broward
- Status
- Under Contract
- Special Conditions
- Listed As Is
About This Property
Welcome to this unique property offering a versatile layout with multiple living spaces! Currently configured into three separate units, including a spacious 4-bedroom, 2-bath main residence, a studio, and an additional 1-bedroom, 1-bath unit, providing excellent flexibility and potential for rental income or multigenerational living. Major updates include a roof (2 years old, per seller), A/C (5 years old, per seller), and two water heaters (5 years old, per seller), including a tankless water heater servicing the 1-bedroom unit and a tank water heater servicing the main residence. The septic system was recently pumped (4–6 months ago, per seller), with the seal also replaced at that time (per seller). With multiple living spaces and a flexible layout, this property presents an excellent opportunity for homeowners and investors alike!
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Under Contract
- Year Built
- 1973
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 0
- Parking
- Covered / Driveway
- Direction Faces
- South
- Lot Size (Acres)
- 0.15
- Living Sq Ft
- 1,940
- Total Sq Ft
- 2,469
- Sewer
- Septic Tank
- Water Source
- Public
- Zoning
- R-5
Interior Features
- Appliances
- Dryer / Dishwasher / Ice Maker / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Laminate / Tile
- Interior Features
- Bedroom On Main Level / Main Level Primary
- Total Rooms
- 1
Exterior Features
- Construction
- Block
- Roof
- Shingle
- Exterior Features
- Lighting / Outdoor Living Area
- Patio & Porch
- Patio
Community & HOA
- Association Amenities
- Sidewalks
- Financing Terms
- Cash / Conventional / FHA
- 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
- 0
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 Under Contract, and has been on the market 15 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 ($100,000) on the $499,999 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 $2,628/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 Cardinal 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 November 15, 2026.
$499,999
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Listed by Nicole Salgado, Cardinal Realty Group, LLC.
Map & Location
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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.
