NOT LISTED FOR SALE

1109 E Las Olas Blvd Unit 1109 Fort Lauderdale, FL 33301

Estimated Value: $7,685,244

3 Beds
1 Bath
1,800 Sq Ft
$4,270/Sq Ft Est. Value

Highlights

  • Newly Remodeled
  • No HOA
  • Ceramic Tile Flooring
  • Harbordale Elementary School Rated A-
  • Cooling Available
  • 5-minute walk to Colee Hammock Park

About This Home

As of May 2018

BOUTIQUE OFFICE SPACE +/- 1900 SF AVAILABLE IN LAS OLAS BLVD, NEXT TO RETAILS AND RESTAURANTS.
LOCATED AT THE PRESTIGE THE VILLAGIO DI LAS OLAS BUILDING WHICH COMPROMISES 3 RESTAURANTS ON SITE, WHICH ARE THE FAMOUS ASIA BAY, TUSCAN GRILL AND TRATA GREEK CAVERNA.
BE SURROUNDED BY A BIG PATIO SPACE AROUND 3,200 SF WITH A PERMANENT CANOPY SERVING ALL TENANTS. PARKING GARAGE ON SITE FOR THE CONVENIENCE OF YOUR CLIENTS.
THIS OFFICE SPACE WAS USED BEFORE BY ATTORNEYS, STORAGE ROOM AND PRIVATE BATH.

Last Agent to Rent the Property

Jackeline Londono

Morgan Whitney Inc License #0661728 Listed on: 06/03/2016

Last Renter's Agent

Jackeline Londono

Morgan Whitney Inc License #0661728 Listed on: 06/03/2016

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $120,025

Year Built

  • Built in 1998 | Newly Remodeled

Lot Details

  • 1,800 Sq Ft Lot
  • Property is zoned RAC

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2-Story Property
  • Security Lights

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Parking

  • 1 Car Garage
  • Common or Shared Parking

Location

  • City Lot

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for a/c & heating maintenance, telephone, sewer, trash collection, water
  • 1 To 3 Year Lease,11 Years Plus Lease,4 To 6 Year Lease,7-10 Year Lease Lease Term
  • Assessor Parcel Number 504211070970

Property Details

Property Type

Other

Est. Annual Taxes

$120,025

Year Built

Built in 1998 | Newly Remodeled

Lot Details

0

Rental Info

  • Tenant Pays: A/C & Heating Maintenance, Other, Telephone, Sewer, Trash Collection, Water
  • Lease Term: 1 To 3 Year Lease,11 Years Plus Lease,4 To 6 Year Lease,7-10 Year Lease

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1998
  • Ownership: Other Ownership
  • Property Sub Type: Lease
  • Business Type: Office Space, Retail Space
  • Directions: PLEASE USE MAPQUEST OR GOOGLE FOR EXACT DIRECTIONS.
  • Horses: No
  • Inclusions: Other Sale Includes
  • Lease Assignable: No
  • New Construction: No
  • Road Frontage Type: City Street, County Road
  • Building Stories: 2
  • Structure Type: Lease
  • Year Built Details: New Construction
  • ResoPropertyType: CommercialSale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Carpet, Ceramic Floor, Concrete
  • Number Of Buildings: 1
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Concrete, Other
  • Construction Type: CBS Construction
  • Lot Features: City Location, Other Location
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Common, Covered, Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: Other
  • Water Source: Other
  • Cooling: Other
  • Cooling Y N: Yes
  • Electric: Other Electric
  • Electricity On Property: Yes
  • Heating: Central Electric, Other
  • Heating Yn: Yes
  • Security: Security Lights

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 504211070970
  • Current Use: Commercial Office
  • Land Lease: No
  • Lot Size Sq Ft: 1800
  • Zoning: RAC
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2022
Sold by
Black Bay Llc
Bought by
Elo Investments 1 Llc
Current Estimated Value
$7,685,244

Purchase Details

Closed on
Dec 6, 2016
Sold by
Laudedale Portfolio Corp
Bought by
Black Bay Llc

Purchase Details

Closed on
Sep 11, 2014
Sold by
Villaggio Di Las Olas Inc
Bought by
Lauderdale Portfolio Corp

Purchase Details

Closed on
Feb 1, 2008
Sold by
Villaggio Di Las Olas Development Inc
Bought by
Villaggio Di Las Olas Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,750,000
Interest Rate
6.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 18, 2000
Sold by
Villaggio Di Las Olas Dev Inc
Bought by
Arnaboldi Giovanni and Arnaboldi Alessandra

Purchase Details

Closed on
Mar 11, 1998
Sold by
Villaggio Di Las Olas Inc
Bought by
Villaggio Di Las Olas Dev Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,200,000
Interest Rate
7.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 26, 1998
Sold by
City Of Fort Lauderdale
Bought by
Villaggio Di Las Olas Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,200,000
Interest Rate
7.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 11, 1997
Sold by
Via Las Olas G P
Bought by
Villaggio Di Las Olas Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,496,250
Interest Rate
7.69%
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
Elo Investments 1 Llc $6,950,000 Roca Gonzalez Pa
Black Bay Llc -- Attorney
Black Bay Llc $6,060,000 Attorney
Lauderdale Portfolio Corp $6,033,000 Attorney
Lauderdale Portfolio Corp -- Attorney
Villaggio Di Las Olas Inc -- Advantage Title Inc
Arnaboldi Giovanni $290,000 --
Villaggio Di Las Olas Dev Inc $10,000 --
Villaggio Di Las Olas Inc $100 --
Villaggio Di Las Olas Inc $1,995,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Villaggio Di Las Olas Inc $3,750,000
Previous Owner Vogel Jane $270,000
Previous Owner Villaggio Di Las Olas Inc $650,000
Previous Owner Villaggio Di Las Olas Inc $5,200,000
Previous Owner Villaggio Di Las Olas Inc $1,496,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Rented $5,000 +11.1% --
03/01/2016 03/01/16 For Rent $4,500 -- --
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 $120,025 $6,095,640 $705,740 $5,389,900
2024 $121,721 $6,095,640 $705,740 $5,389,900
2023 $121,721 $6,095,640 $705,740 $5,389,900
2022 $119,547 $6,095,640 $705,740 $5,389,900
2021 $119,511 $6,095,640 $705,740 $5,389,900
2020 $118,930 $6,096,500 $705,740 $5,390,760
2019 $115,134 $5,897,480 $705,740 $5,191,740
2018 $106,102 $5,583,240 $705,740 $4,877,500
2017 $106,913 $5,530,220 $0 $0
2016 $93,283 $4,647,200 $0 $0
2015 $87,034 $4,231,120 $0 $0
2014 $86,896 $4,146,490 $0 $0
2013 -- $4,112,640 $705,740 $3,406,900
Source: Public Records

Agents Affiliated with this Home

  • Jackeline Londono

    Landlord's Agent in 2018

    Jackeline Londono

    Morgan Whitney Inc

    (305) 345-3738

    60 Total Sales

    Jackeline Londono
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10094335

MIAMI REALTORS® MLS

APN: 50-42-11-07-0970

Florida Broward County Fort Lauderdale 33301

1109 E Las Olas Blvd Unit 1109, Fort Lauderdale, FL

This home is located at 1109 E Las Olas Blvd Unit 1109, Fort Lauderdale, FL 33301 since 03 June 2016 and is currently priced at $7,685,244. This property was built in 1998. 1109 E Las Olas Blvd Unit 1109 is a home located in Broward County with nearby schools including Harbordale Elementary School, Sunrise Middle School, and Fort Lauderdale 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.

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