NOT LISTED FOR SALE

1025 NW 7th Ave Fort Lauderdale, FL 33311

South Middle River Neighborhood

Estimated Value: $565,000 - $693,000

2 Beds
3 Baths
2,117 Sq Ft
$301/Sq Ft Est. Value

Last Sold July 07, 2020

Last sale price $346,500 $164 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,347/month

61 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • 2-minute walk to Seminary Tot Lot
  • Cooling System Mounted To A Wall/Window

About This Home

As of July 2020

DON'T MISS OUT ON THIS INCREDIBLE INVESTMENT OPPORTUNITY IN THE BEAUTIFUL CITY OF FORT LAUDERDALE. THIS PROPERTY IS A THREE UNIT BUILDING THAT CONSISTS OF A 4/1, 1/1, AND 2/1. PROPERTY HAS UNDERGONE MAJOR REMODELING THAT FEATURES A NEWER ROOF, LOTS OF EXTERIOR WORK, UPDATES IN UNITS, AND MORE. WITH EXCELLENT CAP RATES AND GREAT CASH FLOW OPPORTUNITY THIS PROPERTY IS ONE YOU MUST SEE !!!

Last Agent to Sell the Property

Christian Chis

English Real Estate Group License #3389639 Listed on: 04/06/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,465

Year Built

  • Built in 1959

Lot Details

  • 6,752

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,117 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Laminate
  • Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Community Details

  • 3 Units
  • Progresso 2 18 D Subdivision

Listing and Financial Details

  • Rent includes sewer, trash collection, water
  • Assessor Parcel Number 494234051050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,465

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Year Built: 1959
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Living Area: 2117.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Frame
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Not Available

Condo/Co-op/Association

  • HOA Rent Includes: Sewer, Trash Collection, Water

Lot Info

  • Parcel #: 494234051050
  • Zoning Description: RD-15

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3465.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2020
Closed on
Jul 7, 2020
Sold by
Cornel Andrei M
Bought by
Ortiz Eddie A and Vasiliou Ortiz Christine
Seller's Agent
Christian Chis
English Real Estate Group
List Price
$349,000
Sold Price
$346,500
Premium/Discount to List
-$2,500
-0.72%
Current Estimated Value
$652,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,099
Avg. Annual Appreciation
13.34%
Original Mortgage
$259,875
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 27, 2018
Closed on
Jun 15, 2018
Sold by
Daca Management Llc
Bought by
Cornel Andrei M
Seller's Agent
Semien Sutton
LoKation
Buyer's Agent
Semien Sutton
LoKation
List Price
$50,000
Sold Price
$80,000
Premium/Discount to List
$30,000
60%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
103.02%
Original Mortgage
$80,000
Interest Rate
4.5%
Mortgage Type
Stand Alone First

Purchase Details

Listed on
Apr 27, 2018
Closed on
Jun 8, 2018
Sold by
Exr Llc
Bought by
Daca Management Llc
Seller's Agent
Semien Sutton
LoKation
Buyer's Agent
Semien Sutton
LoKation
List Price
$50,000
Sold Price
$80,000
Premium/Discount to List
$30,000
60%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.5%
Mortgage Type
Stand Alone First

Purchase Details

Listed on
Apr 27, 2018
Closed on
May 15, 2018
Sold by
Hsbc Bank Usa
Bought by
Exr Llc
Seller's Agent
Semien Sutton
LoKation
Buyer's Agent
Semien Sutton
LoKation
List Price
$50,000
Sold Price
$80,000
Premium/Discount to List
$30,000
60%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 11, 2008
Sold by
Rodrigues Pablo
Bought by
Magaldo Dianne

Purchase Details

Closed on
Dec 6, 2007
Sold by
Magaldo Dianne
Bought by
Rodrigues Pablo

Purchase Details

Closed on
Sep 21, 2006
Sold by
Riggs Jerry A
Bought by
Magaldo Dianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 9, 2004
Sold by
Riggs Jerry A
Bought by
Lewis Daphne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2004
Sold by
Sawyers Daisy
Bought by
Citibank Na

Purchase Details

Closed on
May 7, 2002
Sold by
Riggs Jerry A
Bought by
Sawyers Daisy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
9.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 2001
Sold by
The Chase Manhattan Bank
Bought by
Riggs Jerry Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
6.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 2000
Sold by
Clerk Of The Court
Bought by
Riggs Jerry A

Purchase Details

Closed on
Feb 1, 1999
Sold by
Bankers Trust Co Of Ca Na Tr
Bought by
Cochran Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 1998
Sold by
Clerk Of The Court
Bought by
Bankers Trust Co Of Ca Na Tr
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ortiz Eddie A $346,500 Sun And Surf Title Llc
Cornel Andrei M $125,000 Homeinc Title Llc
Daca Management Llc $80,000 Homeinc Title Llc
Exr Llc $31,500 Premium Title Services Inc
Magaldo Dianne -- None Available
Rodrigues Pablo -- None Available
Magaldo Dianne $350,000 None Available
Lewis Daphne $240,000 --
Citibank Na $23,000 --
Sawyers Daisy $135,000 --
Riggs Jerry Arthur -- --
Riggs Jerry A -- --
Cochran Kelly $50,000 --
Bankers Trust Co Of Ca Na Tr $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasiliou-Ortiz Christine $445,750
Closed Ortiz Eddie A $25,000
Closed Ortiz Eddie A $259,875
Previous Owner Daca Management Llc $80,000
Previous Owner Magaldo Dianne $280,000
Previous Owner Magaldo Dianne $70,000
Previous Owner Lewis Daphne $216,000
Previous Owner Riggs Jerry A $20,000
Previous Owner Sawyers Daisy $121,500
Previous Owner Riggs Jerry Arthur $82,500
Previous Owner Bankers Trust Co Of Ca Na Tr $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2020 07/07/20 Sold $346,500 -0.7% $164 / Sq Ft
06/07/2020 06/07/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $349,000 +336.3% $165 / Sq Ft
06/11/2018 06/11/18 Sold $80,000 +60.0% $46 / Sq Ft
05/13/2018 05/13/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $50,000 -- $29 / 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 $9,508 $449,390 -- --
2024 $9,073 $408,790 $33,740 $375,050
2023 $9,073 $371,400 $0 $0
2022 $8,311 $337,640 $0 $0
2021 $7,374 $306,950 $33,740 $273,210
2020 $4,195 $136,250 $33,740 $102,510
2019 $3,465 $136,250 $33,740 $102,510
2018 $3,242 $136,250 $33,740 $102,510
2017 $3,285 $136,250 $0 $0
2016 $3,364 $136,250 $0 $0
2015 $3,347 $136,250 $0 $0
2014 $2,975 $110,840 $0 $0
2013 -- $110,440 $33,740 $76,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Christian Chis

    English Real Estate Group

    (954) 292-0682

    4 Total Sales

    Section Image

  • S

    Seller's Agent in 2018

    Semien Sutton

    LoKation Real Estate

    (650) 273-6436

    1 in this area

    18 Total Sales

    Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10224668

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-34-05-1050

Florida Broward County Fort Lauderdale 33311 South Middle River

1025 NW 7th Ave, Fort Lauderdale, FL

This home is located at 1025 NW 7th Ave, Fort Lauderdale, FL 33311 since 06 April 2020 and is currently estimated at $636,610, approximately $300 per square foot. This property was built in 1959. 1025 NW 7th Ave is a home located in Broward County with nearby schools including Thurgood Marshall Elementary School, Dillard High School, and Sunrise Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes