7056 NW 67th Ter - Luxury Waterfront Property | Dave Magua, The Keyes Company

Virtual Property Tour

Executive Summary

Investment Opportunity

This premier 4-bedroom, 4-bathroom waterfront residence in the prestigious Ternbridge community represents exceptional value in today's market. With expansive 180-foot lake frontage on a quiet cul-de-sac, this property offers the perfect blend of luxury living and smart investment.

Recent market analysis confirms the property's competitive positioning at $457 per square foot, with significant recent capital improvements including $35,000 in new impact windows and a full-house generator adding substantial value.

Key Value Drivers

Prime waterfront location with 180' lake frontage
$50K+ in recent upgrades (impact windows & generator)
Versatile floor plan with convertible loft space
Resort-style outdoor living with heated pool & spa
3-car garage in prestigious Ternbridge community
First-floor primary suite with soaring ceilings

Property Showcase

Stunning Exterior & Landscaping

The Mediterranean-inspired architecture creates an impressive street presence with its distinctive tile roof and elegant stucco exterior. Mature palm trees and meticulously maintained landscaping frame the home beautifully.

3-car garage with paver driveway
Professional landscaping with tropical plantings
Private cul-de-sac location
0.33-acre lot (14,430 sq ft)

Resort-Style Pool & Outdoor Living

The screened pool area epitomizes Florida outdoor living with its heated pool, spa, and expansive entertaining space. The screen enclosure provides comfort while maintaining the open-air feel.

Heated pool with integrated spa
Large screened enclosure
Paver deck with decorative elements
Direct lake views from pool area

Luxury Interior & Gourmet Kitchen

The open-concept design showcases soaring ceilings and premium finishes throughout. The gourmet kitchen features a stunning marble island and modern appliances, perfect for both daily living and entertaining.

Marble countertops and backsplash
Soaring ceilings with architectural details
Open-concept floor plan
Premium flooring throughout

Comprehensive Market Analysis

Waterfront Premium Analysis

Subject Property

7056 NW 67th Ter

$1,498,900

180' Lake Frontage

$457/sq ft

Waterfront Comp

7024 NW 67th Ter

$1,325,000

SOLD - Lake Frontage

$455/sq ft

Non-Waterfront

Typical Ternbridge

~$1,045,000

No Water Access

Lower $/sq ft

Waterfront Premium: $250,000 - $300,000

Market data clearly demonstrates significant value premium for lakefront properties in Ternbridge

Comparable Properties Analysis

Property	Status	Waterfront	Price	Beds/Baths	Sq Ft	$/Sq Ft
7056 NW 67th Ter	Active	✓ 180'	$1,498,900	4+Loft/4	3,281	$457
7024 NW 67th Ter	SOLD	✓ Yes	$1,325,000	4/3	2,914	$455
7080 NW 70th Ter	Active	✓ Yes	$1,299,000	4/3	2,782	$467
7185 NW 68th Dr	Active	✗ No	$1,350,777	5/4	2,831	$477

Recent Capital Improvements

Impact Windows & Doors

Investment: $35,000 (October 2023)

Brand new impact-resistant windows and doors provide storm protection, energy efficiency, and significant insurance premium discounts for new owners.

Full-House Generator

Value: Significant ($15,000+ value)

Whole-house generator provides peace of mind and uninterrupted power during storms - a highly sought-after feature in Florida.

Total Recent Improvements: $50,000+

These improvements significantly enhance both property value and buyer appeal

Investment Analysis & Recommendation

Valuation Justification

Competitive Pricing: At $457/sq ft, directly in line with recent waterfront sale at $455/sq ft
Superior Features: Larger size, additional full bathroom, and premium upgrades justify pricing
Market Position: Well within recommended range of $1,475,000 - $1,525,000
Value-Added Features: Generator and new impact windows provide immediate functional benefits

Investment Highlights

Prime Location Premium

180' lake frontage commands $250K-$300K premium over non-waterfront properties

Immediate Move-In Ready

$50K+ in recent improvements mean no immediate capital expenditures required

Insurance Savings

New impact windows provide significant ongoing insurance premium discounts

Recommended Action

Current asking price of $1,498,900 represents excellent value for this premium waterfront property

Property is strategically priced to attract serious buyers while capturing full market value

Premier Waterfront Estate

7056 NW 67th Ter, Parkland, FL 33067