NOT LISTED FOR SALE
3 Beds
-- Bath
1,010 Sq Ft
6,752 Sq Ft Lot

Last Sold February 09, 2024

Last sale price $776,000 $768 Per Sq Ft

65 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Fort Lauderdale High School Rated A
  • Tile Flooring

About This Home

As of February 2024

Fantastic opportunity to purchase a CASH COW income property in the Lake Ridge area. Duplex property. Total Income of $7,000 gross per month or 84,000.00 gross income per year. This property is perfect for Airbnb setup and to maximize the income further. Live in the large unit and manage the others. Above 8% rate of return on your investment as it is or make even more with Airbnb income conversion. This is a prime location. Potential for redevelopment townhouses. The area is growing with amazing surrounding businesses in the area such as Yoga, Cold Plunge, Restaurants, bars, barbers and salons, restaurants, and bars and clubs. Enjoy the 13th Ave revitalization. Invest in the best location and price per sq ft.

Last Agent to Sell the Property

Reinaldo Cunha

Alrei Real Estate Services LLC License #3227983 Listed on: 12/05/2023

Last Buyer's Agent

Katherine Valverde

La Rosa Realty Beaches LLC License #3160596

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,939

Year Built

  • Built in 1953

Lot Details

  • 6,752

Parking

  • 6 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Additional Features

  • Sprinkler System
  • Cooling System Mounted To A Wall/Window

Community Details

  • 2 Units
  • Progresso Subdivision

Listing and Financial Details

  • Total Actual Rent $83,400
  • Rent includes electricity, water
  • Assessor Parcel Number 494234047410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,939

Year Built

Built in 1953

Lot Details

0

Listing Details

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

Interior Features

  • Flooring: Tile

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 494234047410
  • Zoning Description: RMM-25

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9939.0

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 83400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2024
Sold by
Zumaeta Alvaro and Valverde Katherine
Bought by
Alvaro Zumaeta And Katherine Valverde Revocab and Zumaeta

Purchase Details

Listed on
Dec 5, 2023
Closed on
Feb 6, 2024
Sold by
Wesgami Properties Llc
Bought by
Zumaeta Alvaro and Valverde Katherine
Seller's Agent
Reinaldo Cunha
Alrei Real Estate Services LLC
Buyer's Agent
Katherine Valverde
La Rosa Realty Beaches LLC
List Price
$875,000
Sold Price
$776,000
Premium/Discount to List
-$99,000
-11.31%
Views
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.31%
Original Mortgage
$564,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2020
Sold by
Ira Financial Trust Company
Bought by
Wesgami Properties Llc

Purchase Details

Closed on
Nov 30, 2020
Sold by
Horner Julieta A
Bought by
Ira Financial Trust Company

Purchase Details

Closed on
Nov 2, 2020
Sold by
Strata Trust Company
Bought by
Horner Julieta A

Purchase Details

Listed on
Aug 28, 2013
Closed on
Jan 7, 2014
Sold by
Central Mortgage Company
Bought by
Self Directed Ira Services Inc
Seller's Agent
Kevin Berman
MMLS Assoc.-Inactive Member
Buyer's Agent
Reinaldo Cunha
Alrei Real Estate Services LLC
List Price
$144,900
Sold Price
$135,900
Premium/Discount to List
-$9,000
-6.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.69%

Purchase Details

Closed on
Jul 9, 2013
Sold by
Guaracino Billie J
Bought by
Central Mortgage Company

Purchase Details

Closed on
Jul 15, 2005
Sold by
Cruz Jorge and Cruz Marie
Bought by
Guaracino Billie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2004
Sold by
Laraia Bruce R and Laraia Patricia E
Bought by
Cruz Jorge and Cruz Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,720
Interest Rate
7.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 1996
Sold by
Rio Vista Holdings Ltd Prtnr
Bought by
Laraia Bruce R and Laraia Patricia E

Purchase Details

Closed on
Apr 19, 1996
Sold by
Pr Clayton J Pierce
Bought by
Rio Vista Holdings Ltd Partnership

Purchase Details

Closed on
Apr 6, 1995
Sold by
Voigt Reine M
Bought by
Keith Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
8.59%
Mortgage Type
Purchase Money Mortgage
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

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $776,000 -11.3% $768 / Sq Ft
12/05/2023 12/05/23 For Sale $875,000 0.0% $866 / Sq Ft
02/24/2016 02/24/16 For Rent $930 0.0% --
02/24/2016 02/24/16 Rented $930 +3.3% --
06/28/2015 06/28/15 For Rent $900 +2.9% --
06/28/2015 06/28/15 Rented $875 0.0% --
01/16/2014 01/16/14 Sold $135,900 +4.6% $121 / Sq Ft
12/20/2013 12/20/13 Pending -- -- --
10/30/2013 10/30/13 Price Changed $129,900 -10.4% $115 / Sq Ft
08/28/2013 08/28/13 For Sale $144,900 -- $129 / 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 $14,482 $681,820 $37,130 $644,690
2024 $11,532 $684,000 $54,010 $629,990
2023 $11,532 $488,570 $0 $0
2022 $9,939 $444,160 $54,010 $390,150
2021 $9,236 $407,340 $54,010 $353,330
2020 $6,769 $305,820 $54,010 $251,810
2019 $4,896 $265,750 $37,130 $228,620
2018 $4,344 $244,900 $37,130 $207,770
2017 $4,027 $194,920 $0 $0
2016 $3,828 $177,200 $0 $0
2015 $2,704 $126,390 $0 $0
2014 $4,863 $232,190 $0 $0
2013 -- $186,700 $20,250 $166,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10410839

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-34-04-7410