NOT LISTED FOR SALE

Estimated Value: $742,371 - $820,000

-- Bed
-- Bath
1,642 Sq Ft
$480/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $525,000 $320 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,242/month

216 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Porch
  • Fort Lauderdale High School Rated A
  • Jalousie or louvered window
  • Cooling System Mounted To A Wall/Window

About This Home

As of October 2020

Do not miss this opportunity to purchase this immaculate 3 units in the heart of Fort Lauderdale! Property is located on a dead end street. All units are renovated. Largest unit is owner occupied and two units have tenants. Potential for a large increase income. Property would be fantastic for short term rentals - with it's lush landscaping, large backyard and glistening pool! Fence to be installed on the south side within the next 1-3 months to create more privacy between next door property. Price is FIRM.

Last Agent to Sell the Property

Lauren Coloney

The Keyes Company License #3286895 Listed on: 01/29/2020

The Keyes Company

Co-Listed By

Niki Falck

The Keyes Company License #3380405

Last Buyer's Agent

Danny Alzate

CGI Commercial Realty LLC License #3424749

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,405

Year Built

  • Built in 1953

Lot Details

  • Fenced

Parking

  • 4 Parking Spaces

Home Design

  • Triplex
  • Barrel Roof Shape
  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Jalousie or louvered window
  • Blinds
  • Sliding Windows

Flooring

  • Wood
  • Ceramic Tile

Outdoor Features

  • Deck
  • Open Patio
  • Shed
  • Porch

Utilities

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

Community Details

  • 3 Units
  • Lake Ridge Subdivision

Listing and Financial Details

  • Rent includes gardener, pool, sewer, trash collection, water
  • Assessor Parcel Number 494234045000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,405

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Year Built: 1953
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Ceramic Tile, Tile, Wood
  • Window Features: Blinds, Jalousie, Sliding

Exterior Features

  • Exterior Features: Deck, Fence, Lighting, Porch, Patio, Shed
  • Lot Features: < 1/4 Acre
  • Pool Features: In Ground, Pool
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Patio And Porch Features: Deck, Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Barrel, Flat, Tile

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Pool, Sewer, Trash Collection, Water

Lot Info

  • Parcel #: 494234045000
  • Zoning Description: RMM-25

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3405.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Oct 1, 2020
Sold by
Dumais Alain
Bought by
Bean Chad and Ferrick Shannon
Seller's Agent
Lauren Coloney
The Keyes Company
Buyer's Agent
Danny Alzate
CGI Commercial Realty LLC
List Price
$595,000
Sold Price
$525,000
Premium/Discount to List
-$70,000
-11.76%
Total Days on Market
216
Current Estimated Value
$788,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,593
Avg. Annual Appreciation
9.85%
Original Mortgage
$420,000
Outstanding Balance
$377,764
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$451,744

Purchase Details

Closed on
Feb 3, 2003
Sold by
Dumais Jean Guy and Dumais Dolores
Bought by
Dumais Alain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,827
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 1985
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
Bean Chad $525,000 Butler Title Llc
Dumais Alain $200,000 --
Available Not $63,571 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bean Chad $420,000
Previous Owner Dumais Alain $240,000
Previous Owner Dumais Alain $73,827
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $525,000 -11.8% $320 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $595,000 -- $362 / 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 $11,342 $547,210 $37,160 $510,050
2024 $11,120 $548,840 $54,050 $494,790
2023 $11,120 $534,550 $0 $0
2022 $10,553 $518,990 $54,050 $464,940
2021 $9,609 $427,440 $54,050 $373,390
2020 $4,397 $251,140 $0 $0
2019 $3,403 $222,790 $0 $0
2018 $2,945 $200,610 $0 $0
2017 $2,792 $130,170 $0 $0
2016 $2,859 $123,370 $0 $0
2015 $2,521 $117,080 $0 $0
2014 $2,411 $111,270 $0 $0
2013 -- $147,610 $54,050 $93,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10214330

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-34-04-5000