$425,000
SOLD OCT 22, 2019
-- Bed
-- Bath
1,707 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$249 Per Sq Ft

6% Below List Price

103 Days on Market

Highlights

  • Room in yard for a pool
  • Furnished
  • Cooling System Mounted To A Wall/Window
  • Fort Lauderdale High School Rated A
  • No HOA
  • Patio

About This Home

As of October 2019

Great furnished turnkey property in between Fort Lauderdale and Wilton Manors in up and coming residential neighborhood. Property is a duplex currently used and licensed in Fort Lauderdale as a 3 unit vacation rental, unit 2 divided into 2 units but can be converted back. Electric panels, bathroom tile repainted, flat roof repaired in 2017, new w/d in 2018. All units in rent ready condition and fully furnished. Unit 2-3 #s reflect YE May-2019. Unit 1 #s reflect current rent amount to 8 mo tenant who would like to stay at $1,800/mo. All rents inclusive of utilities, cable and internet. List price represents 12.2% cap rate! YE May-2019 occ. rate 91%, ADR $72.51, monthly RevPAR $1,984.78. See attachments/contact broker for more info on investment figures or vacation rental listings.

Last Agent to Sell the Property

James Fletcher

MMLS Assoc.-Inactive Member License #3350065 Listed on: 06/10/2019

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,577

Year Built

  • Built in 1957

Lot Details

  • Fenced

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,707 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Blinds
  • Tile Flooring

Outdoor Features

  • Room in yard for a pool
  • Patio
  • Exterior Lighting
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Space Heater

Listing and Financial Details

  • Total Actual Rent $72,444
  • Rent includes cable TV, electricity, hot water, gardener, sewer, trash collection, water
  • Assessor Parcel Number 494235040130

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Lauderdale Park Condos
  • Lauderdale Park Subdivision

Building Details

  • Net Operating Income $55,036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,577

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1957
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Directions: Dixie Highway to NE 17th Court. Property on left side, sky blue house, white picket fence with carport and crescent shaped driveway.
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: LAUDERDALE PARK
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Other, Tile
  • Furnished: Furnished
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Roof: Shingle
  • Exterior Features: Exterior Lights, Room For Pool
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Extra Building/Shed
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAUDERDALE PARK
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Space Heater
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494235040130
  • Zoning: Residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Cable TV, Electricity, Hot Water, Gardener, Sewer, Trash Collection, Water

Multi Family

  • Net Operating Income: 55036
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Total Actual Rent: 72444

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5577

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2019
Closed on
Oct 22, 2019
Sold by
Fletcher James Ernest
Bought by
Lobato Leonardo
Seller's Agent
James Fletcher
MMLS Assoc.-Inactive Member
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.29%

Purchase Details

Listed on
Jul 27, 2017
Closed on
Dec 4, 2017
Sold by
William Prudence Ab
Bought by
Fletcher James Ernest
Seller's Agent
Bryan Sawchuk
A-1 Florida Real Estate
Buyer's Agent
James Fletcher Jr
Re/Max Ambassador Realty
List Price
$339,000
Sold Price
$320,000
Premium/Discount to List
-$19,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.29%

Purchase Details

Closed on
Jan 20, 1999
Sold by
South Coastal Properties Inc
Bought by
Williams Prudence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,050
Interest Rate
6.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 7, 1993
Sold by
Cromartie Jane S
Bought by
S Coastal Prop Inc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $425,000 Clear Lake Title Svcs Inc
Warranty Deed $320,000 Weston Title And Escrow Inc
Quit Claim Deed $100 --
Warranty Deed $52,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,000 Commercial
Previous Owner $63,050 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 For Sale $800,000 +88.2% $469 / Sq Ft
10/22/2019 10/22/19 Sold $425,000 -5.6% $249 / Sq Ft
09/21/2019 09/21/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $450,000 +40.6% $264 / Sq Ft
12/04/2017 12/04/17 Sold $320,000 -5.6% $206 / Sq Ft
11/04/2017 11/04/17 Pending -- -- --
07/27/2017 07/27/17 For Sale $339,000 -- $219 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $9,069 $409,210 $34,400 $374,810
2024 $8,647 $384,980 $55,030 $329,950
2023 $8,647 $357,340 $0 $0
2022 $7,729 $324,860 $55,030 $269,830
2021 $8,505 $367,880 $55,030 $312,850
2020 $8,468 $367,880 $55,030 $312,850
2019 $6,762 $325,480 $55,030 $270,450
2018 $5,577 $279,000 $55,030 $223,970
2017 $4,445 $194,060 $0 $0
2016 $4,039 $176,420 $0 $0
2015 $3,676 $160,390 $0 $0
2014 $3,434 $145,810 $0 $0
2013 -- $145,290 $55,030 $90,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10688085

MIAMI REALTORS® MLS

APN: 49-42-35-04-0130