2519 Lucille Dr
Fort Lauderdale, FL 33316 · single_family · For Sale · 16 days on market
Asking price$14,495,000
6 beds 8 baths 6,954 sqft
Suggested offer$5,365,741$9,129,259 above the est. market value of $5,365,741.
View on Realtor.com →Listed by Chad Carroll · COMPASS
Typesingle_family
Built2021
Price / sqft$2084
Est. value (own analysis)$5,365,741
Rent estimate (own analysis)$33,500/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorFlood1/10minimal$Wildfire1/10Minimal
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Statusfor_sale
Listed date2026-08-17
Removed date—
MLSMiamiMLS #A12071228
Coordinates26.10503, -80.11682
Address2519 Lucille Dr
CityFort Lauderdale
StateFL
Zip33316
Listing ID5345572166
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33316)
No market data analyzed yet for ZIP 33316.
Analyze ZIP 33316 (≥1 of 50 per our log, shared with every property in this ZIP)Underwriting (buy-and-hold, default assumptions)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $14,495,000 |
| Down payment (20.0%) | $2,899,000 |
| Loan amount | $11,596,000 |
| Closing costs (5.0%) | $724,750 |
| Total cash to close | $3,623,750 |
| Income | |
| Rent (comp-derived) | $33,500$402,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $30,820$369,840 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $22,950$275,405 |
| Insurance (est. scaled by flood & wind risk) | $14,495$173,940 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $1,675$20,100 |
| Total operating expenses | $39,120$469,445 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $1,675$20,100 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 6 | 7 | 4,711 | $32,000 | 2026-04-30 | — | |
| single_family | 6 | 7 | 7,167 | $35,000 | 2026-03-11 | — |
Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 2520 Laguna Ter | single_family | 6 | 7 | 6,180 | $3,600,000 | 2026-06-26 |
| 1401 S Ocean Dr | single_family | 6 | 4 | 4,536 | $3,500,000 | 2026-05-14 |
| 1524 SE 13th St | single_family | 6 | 7 | — | $3,650,000 | 2026-04-22 |
| 84 Isla Bahia Dr | single_family | 6 | 9 | 11,714 | $34,000,000 | 2026-04-07 |
Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 2542 Lucille Dr | single_family | 6 | 8 | — | $8,850,000 | — |
| 8 Isla Bahia Dr | single_family | 6 | 9 | 8,690 | $24,500,000 | — |
| 1 Isla Bahia Dr | single_family | 6 | 13 | 14,000 | $35,900,000 | — |
| 23 Isla Bahia Dr | single_family | 6 | 9 | 9,135 | $24,900,000 | — |
| 1117 SE 9th St | single_family | 6 | 4 | 4,487 | $3,699,000 | — |
| 2560 Del Lago Dr | single_family | 6 | 9 | 8,725 | $29,995,000 | — |
| 1965 SE 21st Ave | single_family | 6 | 7 | 5,565 | $6,950,000 | — |
| 1607 SE 14th St | single_family | 6 | 7 | 5,781 | $8,650,000 | — |
10-year hold projection
IRR-8.7%
Equity multiple-0.48x
Total return (10yr)-$3,475,746
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $14,929,850 | -$99,605 | -$1,013,933 | $11,470,274 | $3,459,576 |
| 2 | $15,377,746 | -$100,246 | -$1,015,077 | $11,335,913 | $4,041,832 |
| 3 | $15,839,078 | -$100,847 | -$1,016,193 | $11,192,327 | $4,646,751 |
| 4 | $16,314,250 | -$101,407 | -$1,017,281 | $11,038,879 | $5,275,371 |
| 5 | $16,803,678 | -$101,921 | -$1,018,336 | $10,874,895 | $5,928,783 |
| 6 | $17,307,788 | -$102,388 | -$1,019,358 | $10,699,650 | $6,608,138 |
| 7 | $17,827,022 | -$102,804 | -$1,020,342 | $10,512,370 | $7,314,652 |
| 8 | $18,361,832 | -$103,166 | -$1,021,287 | $10,312,229 | $8,049,603 |
| 9 | $18,912,687 | -$103,471 | -$1,022,189 | $10,098,345 | $8,814,342 |
| 10 | $19,480,068 | -$103,715 | -$1,023,046 | $9,869,773 | $9,610,295 |
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.