NOT LISTED FOR SALE

1128 N Federal Hwy Hollywood, FL 33020

Royal Poinciana Neighborhood
0.63 Acre
-- Price per Acre
27,443 Sq Ft Lot

Last Sold February 24, 2016

Last sale price $1,600,000 $267 Per Sq Ft

35 Days on Market

Highlights

  • 0.63 Acre Lot
  • Corner Lot
  • No HOA

About This Lot

As of February 2016

Perfect location for freestanding restaurant, office, hotel, shopping center. Subject property consists of 2 concurrent parcels (1100-1128 N Fed Hwy) with direct frontage on US1 N Federal Hwy totaling 27,440 SF. 8706 of leasable space including; Recent s ale across the street give subject property a $2.3 M land value only. Currently leased w/10 tenants grossing $14,000/month netting $145,970 per year w/ 8.1% cap rate.

Last Agent to Sell the Property

John DeMarco

RE/MAX 5 Star Realty License #3134747 Listed on: 09/14/2015

RE/MAX 5 Star Realty

Last Buyer's Agent

John DeMarco

RE/MAX 5 Star Realty License #3134747 Listed on: 09/14/2015

RE/MAX 5 Star Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,685

Year Built

  • Built in 1962

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 141x189
  • Corner Lot
  • Additional Parcels
  • Property is zoned COM

Location

  • City Lot

Community Details

  • No Home Owners Association
  • Frank Add To Hollywood 7 Condos
  • Frank Add To Hollywood 7 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 514210180020

Property Details

Property Type

Land

Est. Annual Taxes

$6,685

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Year Built: 1962
  • Horses: No
  • Lot Size Acres: 0.63
  • Lot Size: 141x189
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Public Road, U.S. Highway
  • Structure Type: Other
  • Subdivision Name: FRANK ADD TO HOLLYWOOD 7-
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Investment, Professional, Rural, Urban Commercial

Exterior Features

  • Lot Features: City Location, Corner Lot, 1-2.5 Acres
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: FRANK ADD TO HOLLYWOOD 7-

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Water Connected, Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 514210180020
  • Additional Parcels: Yes
  • Current Use: Unimproved Business/Commercial, Other Style
  • Lot Size Sq Ft: 27440
  • Zoning: COM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 6685

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2015
Closed on
Jan 29, 2016
Sold by
Rus S Property Llc
Bought by
Ananda Entities Llc
Seller's Agent
John DeMarco
RE/MAX 5 Star Realty
Buyer's Agent
John DeMarco
RE/MAX 5 Star Realty
List Price
$1,799,000
Sold Price
$1,600,000
Premium/Discount to List
-$199,000
-11.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
3.81%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 20, 2012
Sold by
Bloom Martin and Bloom Cynthia
Bought by
Russ Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.74%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 30, 2003
Sold by
Oneal Patrick
Bought by
Bloom Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.77%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 6, 2003
Sold by
Seegott Scott and Courte Raymond
Bought by
Oneal Patrick
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

Purchase History

Date Buyer Sale Price Title Company
Ananda Entities Llc $1,600,000 Attorney
Russ Property Llc $500,000 Attorney
Bloom Martin $95,000 --
Oneal Patrick -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ananda Entities Llc $1,120,000
Previous Owner Russ Property Llc $400,000
Previous Owner Bloom Martin $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2016 02/24/16 Sold $1,600,000 -11.1% $267 / Sq Ft
10/19/2015 10/19/15 Pending -- -- --
09/14/2015 09/14/15 For Sale $1,799,000 -- $300 / 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 $24,001 $1,083,810 $382,910 $700,900
2024 $22,872 $1,083,810 $382,910 $700,900
2023 $22,872 $1,020,070 $382,910 $637,160
2022 $20,710 $936,560 $382,910 $553,650
2021 $19,656 $875,040 $382,910 $492,130
2020 $20,216 $900,730 $382,910 $517,820
2019 $20,983 $900,730 $382,910 $517,820
2018 $22,714 $1,007,250 $382,910 $624,340
2017 $21,339 $931,730 $0 $0
2016 $12,150 $518,380 $0 $0
2015 $11,855 $474,240 $0 $0
2014 $12,144 $463,760 $0 $0
2013 -- $463,760 $382,910 $80,850
Source: Public Records

Agents Affiliated with this Home

  • John DeMarco

    Seller's Agent in 2016

    John DeMarco

    RE/MAX

    (954) 453-1000

    13 in this area

    213 Total Sales

    John DeMarco
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2174503

MIAMI REALTORS® MLS

APN: 51-42-10-18-0010

Florida Broward County Hollywood 33020 Royal Poinciana

1128 N Federal Hwy, Hollywood, FL

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