NOT LISTED FOR SALE

Estimated Value: $1,351,731

0.17 Acre
$7,951,359 Price per Acre
7,538 Sq Ft Lot

Last Sold March 02, 2017

Last sale price $850,000

Est. 59% increase in value since last sale

Current estimated payment $8,943/month

132 Days on Market

Highlights

  • Corner Lot
  • Fort Lauderdale High School Rated A
  • 1-minute walk to Stranahan Park

About This Lot

As of March 2017

Location, Location, Location. Convenient to all Downtown activities and 2 blocks from Las Olas. RAC-CC zoning. 1 +/- block from: City Hall, Broward County Governmental Center, Main Library, Central Bus Station, Brightline Train Station, the proposed "Wave" route. 3 public parking garages within 2 +/- blocks. Excellent visibility at Broward Blvd. and Andrews Avenue. Approx. lot dimensions: 55' by 130' +/-. Site is a portion of the southern portion of the parking lot, not including the store to the north.

Last Agent to Sell the Property

Robert Edlin

RE/MAX Preferred License #444806 Listed on: 09/20/2016

RE/MAX Preferred

Last Buyer's Agent

Robert Edlin

RE/MAX Preferred License #444806 Listed on: 09/20/2016

RE/MAX Preferred

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,484

Lot Details

  • 7,538 Sq Ft Lot
  • Lot Dimensions are 130x51
  • Corner Lot
  • Property is zoned RAC-CC

Additional Features

  • City Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 504210011950

Property Details

Property Type

Land

Est. Annual Taxes

$6,484

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Business
  • Property Sub Type Additional: Commercial
  • Directions: Go to the intersection of Broward Blvd. and Andrews Ave. Property is the lot at the NW corner of the intersection.
  • Special Features: None

Exterior Features

  • Lot Features: <1 Acre, Central Business District, Corner Lot, City Lot
  • Road Frontage Type: Main Thoroughfare
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Public

Lot Info

  • Parcel #: 504210011950
  • Current Use: Commercial
  • Lot Size Acres: 0.17
  • Lot Size: 130x51
  • Lot Size Sq Ft: 7538.0
  • Number Of Lots: 1
  • Zoning Description: RAC-CC
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 6484.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2017
Sold by
Weidling Patricia Josephine and Weidling Carl
Bought by
Mi 2 Property Llc
Current Estimated Value
$1,351,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$305,456
Interest Rate
3.88%
Mortgage Type
Balloon
Estimated Equity
$1,121,845

Purchase Details

Listed on
Sep 20, 2016
Closed on
Apr 1, 2017
Bought by
Mi-2 Property Llc
Seller's Agent
Robert Edlin
RE/MAX Preferred
Buyer's Agent
Robert Edlin
RE/MAX Preferred
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$275,000
Interest Rate
4.09%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 20, 2016
Closed on
Feb 24, 2017
Sold by
Weidling Carl and Weidling Dean
Bought by
Mi 2 Property Llc
Seller's Agent
Robert Edlin
RE/MAX Preferred
Buyer's Agent
Robert Edlin
RE/MAX Preferred
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 2001
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mi-2 Property Llc $100 --
Mi 2 Property Llc $850,000 Attorney
Available Not $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mandani Nuruddin $360,000
Previous Owner Mi 2 Property Llc $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2017 03/02/17 Sold $850,000 -2.9% --
01/31/2017 01/31/17 Pending -- -- --
09/20/2016 09/20/16 For Sale $875,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $20,895 $845,440 -- --
2024 $19,494 $845,440 -- --
2023 $19,494 $698,720 $0 $0
2022 $14,799 $635,200 $0 $0
2021 $11,725 $577,460 $565,350 $12,110
2020 $11,662 $577,460 $565,350 $12,110
2019 $11,276 $577,460 $565,350 $12,110
2018 $16,129 $845,000 $832,890 $12,110
2017 $6,315 $313,630 $0 $0
2016 $6,524 $313,630 $0 $0
2015 $6,711 $314,000 $0 $0
2014 $6,463 $285,460 $0 $0
2013 -- $314,030 $301,920 $12,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10031599

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-10-01-1950