NOT LISTED FOR SALE

Estimated Value: $1,544,000 - $1,914,000

8 Beds
8 Baths
4,032 Sq Ft
$441/Sq Ft Est. Value

Sale Details

Date Sold: December 30, 2021

Last sale price $1,500,000 $372 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $11,875 / mo

10 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Central Heating
  • William T. Dwyer High School Rated A-
  • Ceramic Tile Flooring

About This Home

As of December 2021

Fantastic opportunity to own a 4 unit building steps to the Atlantic Ocean in beautiful Palm Beach Shores. Excellent condition - opportunities like this are rarely available. Rents are under current market.

Last Agent to Sell the Property

Christopher Ellisson LLC

Paradise Real Estate Intl License #390437 Listed on: 11/19/2021

Paradise Real Estate Intl

Last Buyer's Agent

Allison Rick

KW Reserve License #3303184

KW Reserve

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,762

Year Built

  • Built in 1962

Lot Details

  • 8,900 Sq Ft Lot

Home Design

  • Quadruplex
  • Tar and Gravel Roof

Interior Spaces

  • 8 Bathrooms
  • 4,032 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV, electricity, water
  • Assessor Parcel Number 54434227040001670

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Palm Beach Shores Subdivision

Building Details

  • Gross Income $84,120
  • Net Operating Income $56,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,762

Year Built

Built in 1962

Lot Details

8,900 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: N Ocean to Tacoma Property on Left
  • Year Built: 1962
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 4032.0

Exterior Features

  • Exterior Features: None
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Tar/Gravel

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Lot Info

  • Parcel #: 54434227040001670
  • Lot Size Acres: 0.2
  • Lot Size: 77.0 ft x 115.0 ft
  • Mobile Dim Units: Feet
  • Zoning: DISTRI

Rental Info

  • Tenant Pays: Cable TV, Electricity, Water

Multi Family

  • Property Net Operating Income: 56120.0
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 84120.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 16761.5

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Feb 25, 2022
Sold by
Bought by
Seller's Agent
Christopher Ellisson LLC
Paradise Real Estate Intl
Buyer's Agent
Allison Rick
KW Reserve
List Price
$1,600,000
Sold Price
$1,500,000
Premium/Discount to List
-$100,000
-6.25%
Current Estimated Value
$1,778,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,912
Avg. Annual Appreciation
3.79%

Purchase Details

Listed on
Nov 19, 2021
Closed on
Dec 30, 2021
Sold by
Bought by
Seller's Agent
Christopher Ellisson LLC
Paradise Real Estate Intl
Buyer's Agent
Allison Rick
KW Reserve
List Price
$1,600,000
Sold Price
$1,500,000
Premium/Discount to List
-$100,000
-6.25%

Purchase Details

Listed on
Feb 9, 2014
Closed on
Feb 13, 2014
Sold by
Bought by
Seller's Agent
Douglas G
William Raveis Real Estate
Buyer's Agent
Douglas G
William Raveis Real Estate
List Price
$950,000
Sold Price
$700,000
Premium/Discount to List
-$250,000
-26.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%
Original Mortgage
$525,000
Interest Rate
0.0455%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2011
Sold by
Bought by

Purchase Details

Closed on
Dec 21, 2011
Sold by
Bought by

Purchase Details

Closed on
Dec 27, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 1, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
0.0503%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 11, 2006
Sold by
Bought by

Purchase Details

Closed on
Oct 30, 2001
Sold by
Bought by

Purchase Details

Closed on
Apr 3, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Baldini Law Llc
$1,500,000 Natalie Guerra-Valdes Valdes L
$700,000 Attorney
-- Attorney
-- Attorney
-- Attorney
$650,000 Attorney
$650,000 Attorney
-- Attorney
-- --
$280,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $525,000
Previous Owner $125,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2021 12/30/21 Sold $1,500,000 -6.3% $372 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $1,600,000 +128.6% $397 / Sq Ft
02/18/2014 02/18/14 Sold $700,000 -26.3% $174 / Sq Ft View Prior Sale
01/19/2014 01/19/14 Pending -- -- --
10/27/2012 10/27/12 For Sale $950,000 -- $236 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $26,185 $1,394,070
2024 $26,185 $1,314,334
2023 $26,844 $1,338,972 $665,720 $673,252
2022 $24,151 $1,178,170 $0 $0
2021 $16,761 $791,569 $412,168 $379,401
2020 $16,464 $771,066 $405,778 $365,288
2019 $15,649 $714,565 $373,827 $340,738
2018 $13,247 $639,505 $319,132 $320,373
2017 $13,078 $622,078 $303,924 $318,154
2016 $6,324 $593,387 $0 $0
2015 $13,220 $597,226 $0 $0
2014 $12,485 $557,123 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10760046

BeachesMLS (Greater Fort Lauderdale)

APN: 54-43-42-27-04-000-1670

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