NOT LISTED FOR SALE

1051 SW 29th St Fort Lauderdale, FL 33315

Croissant Park Neighborhood

Estimated Value: $626,000 - $862,000

-- Bed
-- Bath
2,336 Sq Ft
$330/Sq Ft Est. Value

Last Sold December 10, 2019

Last sale price $470,000 $201 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,124/month

56 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • Partial Impact Glass
  • Tile Flooring
  • Heating System Mounted To A Wall or Window

About This Home

As of December 2019

Great opportunity for investors. TURNKEY MONEY-MAKER. CENTRALLY LOCATED. All units are mostly updated. Two units are almost entirely updated with hurricane impact glass. Showers are updated as of 2016-2019. These units are good earners and Currently Rented.

Quiet neighborhood minutes from very desirable places like Downtown Ft. Lauderdale, Beaches, Airport, and all major highways (95, 595, Turnpike). When they go on market, the units rarely last more than 5-7 days before getting snapped up.

Spacious shared back yard that is attractive to tenants for outdoor use.

PLEASE DO NOT DISTURB TENANTS

Last Agent to Sell the Property

spiro priovolos

MMLS Assoc.-Inactive Member License #3397773 Listed on: 08/21/2019

MMLS Assoc.-Inactive Member

Last Buyer's Agent

spiro priovolos

MMLS Assoc.-Inactive Member License #3397773 Listed on: 08/21/2019

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,687

Year Built

  • Built in 1953

Lot Details

  • 0.32

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Substantially Remodeled
  • Tar and Gravel Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,336 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Partial Impact Glass

Flooring

  • Tile
  • Terrazzo

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • 4 Units
  • Oak Grove Condos
  • Oak Grove Subdivision

Listing and Financial Details

  • Rent includes gardener, trash collection, water
  • Assessor Parcel Number 504221161850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,687

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1953
  • Property Sub Type: Quadruplex
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: OAK GROVE
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo, Tile
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Partial Impact Glass

Exterior Features

  • Roof: Tar & Gravel Roof
  • Construction Type: CBS Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: OAK GROVE
  • Total Parking Spaces: 8

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 504221161850
  • Zoning: 08 / MULTI-FAMILY
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Trash Collection, Water

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6687

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2022
Sold by
Vargas and Vivian
Bought by
Sunset Investments One Llc
Current Estimated Value
$770,288

Purchase Details

Closed on
Mar 15, 2022
Sold by
Sunset Investments One Llc
Bought by
Vargas Eric and Vargas Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 21, 2019
Closed on
Dec 5, 2019
Sold by
Sjpre Investments Inc
Bought by
Sunset Investments One Llc
Seller's Agent
spiro priovolos
MMLS Assoc.-Inactive Member
Buyer's Agent
spiro priovolos
MMLS Assoc.-Inactive Member
List Price
$520,000
Sold Price
$470,000
Premium/Discount to List
-$50,000
-9.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.83%
Original Mortgage
$275,000
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 23, 2016
Sold by
Asg Properties Inc
Bought by
Sjpre Investments Inc

Purchase Details

Closed on
Jan 21, 2005
Sold by
Rader Kemp and Rader Garnet
Bought by
Asg Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,125
Interest Rate
4.87%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Sunset Investments One Llc $522,300 Mcdonald Senat Law Pllc
Vargas Eric $262,456 None Listed On Document
Sunset Investments One Llc $470,000 Attorney
Sjpre Investments Inc $360,000 Attorney
Asg Properties Inc $409,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vargas Eric $525,000
Previous Owner Sunset Investments One Llc $275,000
Previous Owner Asg Properties Inc $307,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2019 12/10/19 Sold $470,000 -9.6% $201 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
08/27/2019 08/27/19 For Sale $520,000 0.0% $223 / Sq Ft
08/23/2019 08/23/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $520,000 -- $223 / 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 -- $596,030 -- --
2024 $12,480 $541,470 $41,670 $499,800
2023 $12,480 $541,850 $41,670 $500,180
2022 $11,369 $497,200 $0 $0
2021 $10,841 $465,300 $0 $0
2020 $10,283 $443,990 $41,670 $402,320
2019 $7,223 $321,690 $41,670 $280,020
2018 $6,687 $319,220 $41,670 $277,550
2017 $6,197 $280,000 $0 $0
2016 $5,165 $202,450 $0 $0
2015 $4,657 $184,050 $0 $0
2014 $4,353 $167,320 $0 $0
2013 -- $169,080 $41,670 $127,410
Source: Public Records

Agents Affiliated with this Home

  • s

    Seller's Agent in 2019

    spiro priovolos

    MMLS Assoc.-Inactive Member

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10722506

MIAMI REALTORS® MLS

APN: 50-42-21-16-1850

Florida Broward County Fort Lauderdale 33315 Croissant Park

1051 SW 29th St, Fort Lauderdale, FL

This home is located at 1051 SW 29th St, Fort Lauderdale, FL 33315 since 21 August 2019 and is currently estimated at $770,288, approximately $329 per square foot. This property was built in 1953. 1051 SW 29th St is a home located in Broward County with nearby schools including Croissant Park Elementary School, New River Middle School, and Stranahan High 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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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