NOT LISTED FOR SALE

1015-1017 SW 4th Ave Fort Lauderdale, FL 33315

Tarpon River Neighborhood

Estimated Value: $780,000 - $985,603

2 Beds
1 Bath
2,397 Sq Ft
$352/Sq Ft Est. Value

Last Sold October 19, 2021

Last sale price $765,000 $319 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,643/month

37 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • 4-minute walk to Sara Horn Greenway
  • Tile Flooring

About This Home

As of October 2021

7% CAP Rate as-is! 5-unit building in the super desirable Fort Lauderdale neighborhood of Tarpon River! Three studios, one 1/1 and one 2/1. FEATURING: IMPACT windows & doors, 99% PVC piping, metal roof, full electrical upgrade (no cloth wiring), three gutted & renovated units, 8+ parking spaces, on-site laundry & more! All long-term tenants now, but this is a perfect AIRBNB opportunity for the future! Super close to Downtown, Las Olas, FLL airport, the beach and I-95!

Last Agent to Sell the Property

Heidi Braunhardt

LoKation License #3291714 Listed on: 08/12/2021

LoKation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,937

Year Built

  • Built in 1958

Lot Details

  • 6,882

Parking

  • 7 Parking Spaces

Home Design

  • Quadruplex
  • Aluminum Roof

Interior Spaces

  • 2,397 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Cable TV Available

Community Details

  • 4 Units
  • Lauderdale 2 9 D Subdivision

Listing and Financial Details

  • Rent includes electricity, sewer, water
  • Assessor Parcel Number 504215011600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,937

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Year Built: 1958
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2397.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Aluminum

Garage/Parking

  • Total Parking Spaces: 7.0

Utilities

  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Sewer, Water
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 504215011600
  • Zoning Description: RD-15

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 9937.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Oct 19, 2021
Sold by
Patel Rikesh
Bought by
Safpi Noa Llc
Seller's Agent
Heidi Braunhardt
LoKation
List Price
$775,000
Sold Price
$765,000
Premium/Discount to List
-$10,000
-1.29%
Current Estimated Value
$844,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,151
Avg. Annual Appreciation
2.47%

Purchase Details

Closed on
Oct 15, 2020
Sold by
Pearl Hospitality Llc
Bought by
Patel Rikesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,200
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2019
Sold by
Goodman Leonard and Goodman Asne
Bought by
Pearl Hospitality Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 18, 2005
Sold by
Anderson Philip S and Anderson Carol M
Bought by
Goodman Leonard and Goodman Asne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7.55%
Mortgage Type
Commercial

Purchase Details

Closed on
May 25, 1993
Sold by
Anderson Carol M
Bought by
Anderson Philip S
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
Safpi Noa Llc $765,000 Independence Title
Patel Rikesh $529,000 Title Now Llc
Pearl Hospitality Llc $420,000 Asset Land Title Svcs Llc
Goodman Leonard $355,000 Lawyers 1St Title Company
Anderson Philip S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Rikesh $423,200
Previous Owner Pearl Hospitality Llc $336,000
Previous Owner Goodman Leonard $284,000
Closed Goodman Leonard $71,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2021 10/19/21 Sold $765,000 -1.3% $319 / Sq Ft
09/19/2021 09/19/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $775,000 -- $323 / Sq Ft
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 $14,696 $688,430 $48,130 $640,300
2024 $14,498 $688,430 $48,130 $640,300
2023 $14,498 $688,430 $48,130 $640,300
2022 $14,520 $688,530 $48,130 $640,400
2021 $10,686 $524,390 $48,130 $476,260
2020 $9,937 $445,080 $48,130 $396,950
2019 $6,886 $352,540 $48,130 $304,410
2018 $6,030 $321,700 $48,130 $273,570
2017 $5,592 $227,900 $0 $0
2016 $4,982 $207,190 $0 $0
2015 -- $188,360 $0 $0
2014 -- $171,240 $0 $0
2013 $39 $171,320 $48,130 $123,190
Source: Public Records

Agents Affiliated with this Home

  • Heidi Braunhardt

    Seller's Agent in 2021

    Heidi Braunhardt

    LoKation

    (954) 826-1467

    11 in this area

    148 Total Sales

    Heidi Braunhardt
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10296174

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-15-01-1600

Florida Broward County Fort Lauderdale 33315 Tarpon River

1015-1017 SW 4th Ave, Fort Lauderdale, FL

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