MLS-supplied photographs · 45 selected
$1,500,000
4 beds · 4 baths · 2,683 sq ft
0.99 acre lot · MLS reported
5700 SW 196th Lane, Southwest Ranches, FL 33332
GREEN GLADES SOUTH · Southwest Ranches
Active
Why RET noticed it
RET View
This home asks $205,000 more than the lowest-priced similar home currently for sale. This home is $1,500,000 for 2683 sq ft; MLS B26072129 is 2363 sq ft and 1.01 miles away. Look for a layout, condition or cost advantage before paying the difference.
The catch
The asking price per square foot is 27.13% above the middle of similar sales, before allowing for condition differences. Check what justifies paying more.
Compare with another property ↗
What could change our view
Compare the $1,500,000 asking price with the $1,295,000 alternative. A verified improvement in condition, layout or annual costs that justifies the difference could change our view.
Property details are based on listing/provider information and should be confirmed during normal buyer due diligence.
Source checked 2026-10-27T06:22:05ZHow RET evaluates properties
The listing facts come from the MLS; RET has not inspected the home. RET compares similar home types, sizes and waterfront settings. Check condition, measurements and any seller credits directly. Asking prices show what sellers want; completed sales show what buyers paid. RET Select also requires a clear reason to choose the home and a current review of its risks. This is not an appraisal or an offer recommendation.
Read the selection standard ↗How It Compares
This home asks about 27.13% more per square foot than the middle price of the similar recent sales. Its asking price is $559 per square foot, compared with $440 across 6 reviewed listing-reported sales from 2026-05-15 to 2026-09-09. Price per square foot divides the price by indoor living area; it helps compare homes of different sizes.
Comparison confidence: Moderate. Some homes differ in neighborhood, age, size or sale date. Condition, renovation and seller credits have not been priced into the difference. This is not an appraisal.
| MLS reference | Sale / date | $/sq.ft. | Indoor area / lot | Waterfront | Days listed / distance | How the homes differ |
|---|---|---|---|---|---|---|
| B26017319VERIFIEDSOUTHWEST RANCHES | $1,325,0002026-05-29 | $537 | 2,466 sq.ft. / 1.25 acres | No | 4 days / 0.28 mi | Same house type, same waterfront category; 0.28 miles away; indoor area differs 8.1%; built 1978. Different subdivision: check whether the locations are comparable.Year built 1978; Existing homeSold for less by $175,000; smaller by 217 sq.ft. |
| A11973181VERIFIEDTRAILS OF EL RANCHO ACRES | $1,080,0002026-05-15 | $390 | 2,766 sq.ft. / 0.82 acres | No | 37 days / 0.96 mi | Same house type, same waterfront category; 0.96 miles away; indoor area differs 3.1%; built 1982. Different subdivision: check whether the locations are comparable.Year built 1982; Existing homeSold for less by $420,000; larger by 83 sq.ft. |
| B26036806VERIFIEDSELIGMAN-DURANGO WEST | $1,090,0002026-09-09 | $450 | 2,420 sq.ft. / 0.85 acres | No | 42 days / 0.9 mi | Same house type, same waterfront category; 0.90 miles away; indoor area differs 9.8%; built 1982. Different subdivision: check whether the locations are comparable.Year built 1982; Existing homeSold for less by $410,000; smaller by 263 sq.ft. |
| B26051529VERIFIEDFLA FRUIT LANDS CO SUB NO 1 | $875,0002026-07-31 | $313 | 2,800 sq.ft. / 1 acres | No | 1 days / 2.36 mi | Same house type, same waterfront category; 2.36 miles away; indoor area differs 4.4%; built 1985. Different subdivision: check whether the locations are comparable.Year built 1985; Existing homeSold for less by $625,000; larger by 117 sq.ft. |
| B26042071VERIFIEDCHAMBERS LAND CO SUB SE1/4 | $1,120,0002026-08-19 | $429 | 2,610 sq.ft. / 1.14 acres | No | 30 days / 2.98 mi | Same house type, same waterfront category; 2.98 miles away; indoor area differs 2.7%; built 1976. Different subdivision: check whether the locations are comparable.Year built 1976; Existing homeSold for less by $380,000; smaller by 73 sq.ft. |
| A11999356VERIFIEDCHAMBERS LAND CO SUB SE1/ | $1,235,0002026-06-23 | $478 | 2,584 sq.ft. / 1.14 acres | No | 28 days / 2.8 mi | Same house type, same waterfront category; 2.80 miles away; indoor area differs 3.7%; built 1974. Different subdivision: check whether the locations are comparable.Year built 1974; condition not verifiedSold for less by $265,000; smaller by 99 sq.ft. |
Nearby Homes for Sale
| MLS reference | Asking price | $/sq.ft. | Indoor area / lot | Waterfront | Days listed / distance | How the homes differ |
|---|---|---|---|---|---|---|
| A12084446GREEN GLADES SOUTH | $1,675,000 | $645 | 2,596 sq.ft. / 0.93 acres | No | 51 days / 0.16 mi | Same house type, same waterfront category; 0.16 miles away; indoor area differs 3.2%; built 1980. Same listed subdivision.Year built 1980; Existing home, Updated/RemodeledAsks more by $175,000; smaller by 87 sq.ft. |
| A12067651JONEL TERRACE 6 | $1,590,000 | $531 | 2,996 sq.ft. / 1.02 acres | No | 80 days / 0.9 mi | Same house type, same waterfront category; 0.90 miles away; indoor area differs 11.7%; built 1978. Different subdivision: check whether the locations are comparable.Year built 1978; Updated/RemodeledAsks more by $90,000; larger by 313 sq.ft. |
| A12023705TRAILS OF EL RANCHO ACRES | $1,555,000 | $655 | 2,375 sq.ft. / 0.81 acres | No | 144 days / 0.93 mi | Same house type, same waterfront category; 0.93 miles away; indoor area differs 11.5%; built 1980. Different subdivision: check whether the locations are comparable.Year built 1980; Existing homeAsks more by $55,000; smaller by 308 sq.ft. |
| B26072129TRAILS OF EL RANCHO ACRES | $1,295,000 | $548 | 2,363 sq.ft. / 0.99 acres | No | 53 days / 1.01 mi | Same house type, same waterfront category; 1.01 miles away; indoor area differs 11.9%; built 1980. Different subdivision: check whether the locations are comparable.Year built 1980; Existing homeAsks less by $205,000; smaller by 320 sq.ft. |
| A12090736CHAMBERS LAND CO SUB NE1/ | $1,350,000 | $488 | 2,768 sq.ft. / 1.11 acres | No | 33 days / 2.81 mi | Same house type, same waterfront category; 2.81 miles away; indoor area differs 3.2%; built 1972. Different subdivision: check whether the locations are comparable.Year built 1972; Existing homeAsks less by $150,000; larger by 85 sq.ft. |
What would justify choosing this home?
Of the 5 similar homes currently for sale, 2 have a lower asking price. Check what this home offers that the cheaper choices do not: condition, layout or lower ongoing costs. Compare the 2683 sq ft layout and 0.99-acre lot directly before choosing it.
What Changed
- Original asking price: $1,500,000. Current asking price: $1,500,000. Total price cut from the original ask: 0%.
- Time on market: 58 days on this listing; 58 days in the recorded cumulative history.
- Individual price cuts recorded in the available history: 0. The history may be incomplete, so there may have been other changes.
- The current asking price is not below the original ask. It may still have changed in between.
- Observed status history: Pending → Active (2026-09-27T21:02:00Z)
Worth Knowing
- The 2683 sq.ft. living area is attributed to Assessor. Confirm the measurement and whether the space is legally permitted.
- The asking price per square foot is 27.13% above the middle price of the similar sales, before allowing for condition differences. Check what features or improvements justify paying more.
- MLS construction year 1978. Check renovation permits, roof age and maintenance records.
- Get an insurance quote and flood-risk check for MLS B26042021: Requires verification.
What It Costs to Own
- Recorded 2025 property tax: $8,187. Your tax after purchase may differ from this past bill.
- Listed association fee: Not verified Not verified.
- Additional association fee: Requires verification.
- The MLS says the fee covers: .
- Confirm club charges, extra assessments, insurance and other ongoing costs. An assessment is an extra charge to owners, often for shared building work.
The Local Comparison
Among similar homes in this comparison, 7 sold in the last 180 days and 6 are currently for sale. The middle sale took 30 days on market and sold for $450 per square foot.
Which homes are included?
Matching rules: same city/subtype, 3-mile radius, living area ±25%, matching waterfront, age ±20 years, lot 0.5–2x, bedrooms ±1. Source cycle: 2026-10-26T16:17:11Z. Only permitted, complete records that match these rules are included. This is a sample, not every home in the neighborhood or a prediction of how fast this one will sell.
Why Some Homes Are Not Compared
Why other records were excluded
- Missing positive living area: 9 records
- Living area differs by over 25%: 95 records
- Distance unavailable or over 3 miles: 12 records
- Waterfront mismatch or unknown: 16 records
- Lot size outside 0.5–2 times subject or unknown: 12 records
- Bedroom mismatch or unknown: 1 records
- Age difference over 20 years or unknown: 2 records
- Active Internet/delayed permission failed: 1 records
Showing the last validated intelligence. A refresh is overdue; source verification dates remain unchanged.
RET Intelligence
Analysis by Real Estate Today
What Changed?
- 2026-10-27 · New Relevant Comparable
The similar sales have changed. Ask RET for the current comparison.
Sources and verification
- Licensed BeachesMLS evidence · verified 2026-10-27
Check current written terms for the residence before deciding. These comparisons do not predict an investment return.
RET Data & Verification StandardsPut this property in context
See the property. Understand the decision.
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