What did 5240 NE 3rd Terrace sell for?

5240 NE 3rd Terrace sold for $428,000 on Sep 28, 2026, about 95.1% of its last asking price of $449,950 and about $342 per square foot. Recent sales like this one are what buyers and sellers nearby price against.

What are the property taxes on 5240 NE 3rd Terrace?

The listing reported annual property taxes of $8,096 for 2025. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.

When was 5240 NE 3rd Terrace built?

5240 NE 3rd Terrace was built in 1958 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long was 5240 NE 3rd Terrace on the market?

5240 NE 3rd Terrace was on the market for 95 days before it sold, after the asking price was reduced from $499,995 to $449,950.

Which schools serve 5240 NE 3rd Terrace?

The MLS lists North Andrews Gardens (elementary), James S. Rickards (middle), Northeast (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

Is 5240 NE 3rd Terrace still for sale?

No. 5240 NE 3rd Terrace sold on Sep 28, 2026. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

5240 NE 3rd Terrace, Oakland Park, FL 33334

Sold $428,000 · Sep 28, 2026

Last asking price $449,950 · 95.1% of asking · 95 days on market

Similar Homes for Sale Nearby

841 NE 59th Street, Oakland Park, FL 33334 · $449,000 · 3 bd · 2 ba · 1,226 sq ft
731 NE 49TH Street, Oakland Park, FL 33334 · $460,000 · 2 bd · 1 ba · 1,014 sq ft
5317 NE 5th Avenue, Oakland Park, FL 33334 · $469,900 · 3 bd · 2 ba · 1,250 sq ft
81 NE 47th Street, Oakland Park, FL 33334 · $479,900 · 2 bd · 1 ba · 1,140 sq ft

3 beds
2 baths
1,250 sq ft
Single Family Residence
Built 1958
Lot 5,227.2 sq ft
1,538 sq ft total
Broward County
MLS# B26029846
North Andrews Terrace Second Add

1-print-5240-ne-3rd-ter copy Large at 5240 NE 3rd Terrace, Oakland Park

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7-print-5240-ne-3rd-ter copy Large at 5240 NE 3rd Terrace, Oakland Park

About this home

A true 3/2 fully renovated home on one of the best streets in North Andrews Gdns. Ask about the option to buy down the interest rate into the 4's. Move in and enjoy your new home immediately with nothing to do. There is a neutral flooring throughout, updated kitchen with new appliances and 2 updated baths. Enjoy the fully fenced yard with new pvc fence. Separate laundry in the carport. The home is located within an easy commute with all Fort Lauderdale has to offer. Jump on the I95 to head north or south or go east and be on the beach in 10 minutes. This home has been completely rewired. Washer/dryer 2023, new electrical panel and wiring 2023 at a cost of $10K, HWH 2023, Roof 2008 but shingle resealed in 2023. AC 8 years old.

Features

Bedroom Layout - Split
Awning(s)

Schools

Elementary: North Andrews Gardens
Middle: James S. Rickards
High: Northeast

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Compass Florida, LLC · mlsfl@compass.com · Listing agent: Richard N Salter

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. 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 BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

What is your home worth?

5240 NE 3rd Terrace sold on Sep 28, 2026. If you own nearby, get a free home valuation or see homes for sale in Oakland Park. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.

Questions About 5240 NE 3rd Terrace

What did 5240 NE 3rd Terrace sell for?: 5240 NE 3rd Terrace sold for $428,000 on Sep 28, 2026, about 95.1% of its last asking price of $449,950 and about $342 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
What are the property taxes on 5240 NE 3rd Terrace?: The listing reported annual property taxes of $8,096 for 2025. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.
When was 5240 NE 3rd Terrace built?: 5240 NE 3rd Terrace was built in 1958 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long was 5240 NE 3rd Terrace on the market?: 5240 NE 3rd Terrace was on the market for 95 days before it sold, after the asking price was reduced from $499,995 to $449,950.
Which schools serve 5240 NE 3rd Terrace?: The MLS lists North Andrews Gardens (elementary), James S. Rickards (middle), Northeast (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
Is 5240 NE 3rd Terrace still for sale?: No. 5240 NE 3rd Terrace sold on Sep 28, 2026. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

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5432 NE 4th Terrace, Oakland Park, FL 33334 · Sold $390,000 · 2 bd · 1 ba · 988 sq ft
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751 NE 61ST Street, Oakland Park, FL 33334 · Sold $419,000 · 3 bd · 2 ba · 1,660 sq ft
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Nearby Cities

Oakland Park Neighborhoods

Nearby ZIP Codes

A comparable home, 5432 NE 4th Terrace, Oakland Park, FL 33334, sold for $390,000 in October 2026. Oakland Park neighborhoods include Oakland Forest and Oak Tree. Nearby ZIP codes include 33309 and 33311. This property also neighbors Lauderdale-by-the-Sea, Pompano Beach, and Fort Lauderdale. Compare it with the Oakland Park housing market report.