NOT LISTED FOR SALE

112 Mayfield Rd Lantana, FL 33462

Estimated Value: $485,392

Studio
2 Baths
1,200 Sq Ft
$404/Sq Ft Est. Value

Sale Details

Date Sold: March 7, 2024

Last sale price $490,000 $408 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,073 / mo

20 Days on Market

Highlights

  • Room in yard for a pool
  • No HOA
  • Fenced
  • Outdoor Living Area
  • Central Heating and Cooling System

About This Home

As of March 2024

112 Mayfield is currently being used at a duplex with one unit on the main floor and one unit upstairs, 600 sf each. Each has full kitchen and bath, plus sitting area. Not separately metered. Great back yard with endless possibilities. Loads of room including a tiki hut and plenty of parking. Current rents are under market value. Zoned for retail and once was a retail store on main floor with owner's quarters upstairs. If your looking for a AirBnb or Vrbo property, this could be it!

Last Agent to Sell the Property

John Campbell

The Corcoran Group License #3083481 Listed on: 01/23/2024

The Corcoran Group

Last Buyer's Agent

Curtis Brown

Hampton Real Estate Group License #3283455

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,773

Year Built

  • Built in 2009

Lot Details

  • 6,251 Sq Ft Lot
  • Lot Dimensions are 50 x 125
  • Fenced

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 2 Bathrooms
  • 1,200 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Laundry

  • Laundry Located Outside
  • Washer and Dryer Hookup

Outdoor Features

  • Room in yard for a pool
  • Outdoor Living Area

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 40434503090000310

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lakeside Point Add To Lantana Subdivision

Building Details

  • Gross Income $44,000
  • Net Operating Income $26,407

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,773

Year Built

Built in 2009

Lot Details

6,251 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: 112 is on the east corner of US1 and Mayfield Rd, about half way between Lantana Rd and Hypoloxo Rd
  • Year Built: 2009
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Flooring: Laminate, Other
  • Living Area: 1200.0

Exterior Features

  • Exterior Features: Outdoor Living Area, Room For Pool
  • Fencing: Fenced
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Property Condition: Resale
  • Roof: Metal

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Outside
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights
  • Senior Community: No
  • Amenities: Sidewalks
  • Association: No

Lot Info

  • Parcel #: 40434503090000310
  • Lot Size Acres: 0.14
  • Lot Size: 50 x 125
  • Lot Size Sq Ft: 6098.4
  • Mobile Dim Units: Feet
  • Zoning: R15

Rental Info

  • Tenant Pays: None

Multi Family

  • Property Net Operating Income: 26407.0
  • Number Of Units In Community: 2
  • Annual Gross Income: 44000.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5773.37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Mar 4, 2024
Sold by
Reh Enterprises Llc
Bought by
Brown City Compound Llc
Seller's Agent
John Campbell
The Corcoran Group
Buyer's Agent
Curtis Brown
Hampton Real Estate Group
List Price
$495,000
Sold Price
$490,000
Premium/Discount to List
-$5,000
-1.01%
Views
19
Current Estimated Value
$485,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,608
Avg. Annual Appreciation
-0.44%
Original Mortgage
$310,000
Outstanding Balance
$303,008
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$182,384

Purchase Details

Closed on
Apr 19, 2013
Sold by
Scj Lot 31 Llc
Bought by
R E H Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2009
Sold by
Jones Corrie
Bought by
Scj Lot 31 Llc

Purchase Details

Closed on
Jun 28, 2002
Sold by
Zimmerman Brenda
Bought by
Jones Corrie

Purchase Details

Closed on
Sep 6, 1995
Sold by
Zimmerman Brenda and Zimmerman Harold
Bought by
Zimmerman Brenda
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Brown City Compound Llc $490,000 Trident Title
Brown City Compound Llc $490,000 Trident Title
R E H Enterprises Llc $150,000 Preferred Title Inc
Scj Lot 31 Llc -- None Available
Jones Corrie $50,000 --
Zimmerman Brenda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown City Compound Llc $310,000
Closed Brown City Compound Llc $310,000
Previous Owner R E H Enterprises Llc $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2024 03/07/24 Sold $490,000 -1.0% $408 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
01/23/2024 01/23/24 For Sale $495,000 -- $413 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $5,990 $315,032 -- --
2024 $5,990 $266,535 -- --
2023 $5,773 $257,664 -- --
2022 $5,637 $234,240 -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10952765

BeachesMLS (Greater Fort Lauderdale)

APN: 40-43-45-03-09-000-0310

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