NOT LISTED FOR SALE

Estimated Value: $693,000 - $787,000

-- Bed
-- Bath
2,210 Sq Ft
$335/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $630,000 $285 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,143/month

4 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • McNab Elementary School Rated A-

About This Home

As of November 2022

Nice 4-unit building in great location only a couple of miles from the beach. Property is being sold with a New Roof, which has already been contracted for. Units 2, 3, & 4 have updating, which includes new mini-split air conditioning. Unit 1 is in original condition, with a long-term tenant, and needs updating. Ceramic tile floors. The building has a utility room with washer & dryer hookups, ideal for a coin-op installation. Each unit has its own water meter, so tenants are responsible for their water/sewer. The building is fully occupied. Most tenants are month-to-month. Do not disturb tenants. FLOOR PLAN & FACT SHEET attached to listing, also available upon request.

Last Agent to Sell the Property

Patricia Bradley

Broward Realty Partners License #568659 Listed on: 10/08/2022

Co-Listed By

Wayne Blackburn

Broward Realty Partners License #543792

Last Buyer's Agent

William Carltock

7 East Realty LLC License #3361146

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,313

Year Built

  • Built in 1964

Lot Details

  • 6,273

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex

Interior Spaces

  • 2,210 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Cable TV Available

Community Details

  • 4 Units
  • Ocean Drive Estates 8 2 B Subdivision

Listing and Financial Details

  • Rent includes gardener, sewer, trash collection, water
  • Assessor Parcel Number 494201030581

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,313

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: Take Atlantic Blvd West of Federal & East of Dixie to SE 11 Ave, Turn South. Go 2 blocks & turn left on SE 2 St. Go 1 block & turn left on SE 12 Ave. Property will be the second on your left, blue trim, with brick facade below windows. No sign.
  • Year Built: 1964
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2210.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Sewer, Trash Collection, Water
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 494201030581
  • Zoning Description: RM-20

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8313.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2022
Closed on
Nov 22, 2022
Sold by
Cortina Mark and Cortina Cynthia
Bought by
Kozarov George
Seller's Agent
Patricia Bradley
Broward Realty Partners
Buyer's Agent
William Carltock
7 East Realty LLC
List Price
$649,000
Sold Price
$630,000
Premium/Discount to List
-$19,000
-2.93%
Views
4
Current Estimated Value
$740,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,683
Avg. Annual Appreciation
9.06%

Purchase Details

Listed on
Mar 29, 2017
Closed on
Jun 7, 2017
Sold by
Merkl Theodor and Merkl Carolinda J
Bought by
Cortina Mark and Cortina Cynthia
Seller's Agent
Wayne Blackburn
Broward Realty Partners
Buyer's Agent
Wayne Blackburn
Greater Broward Realty Inc
List Price
$359,000
Sold Price
$334,000
Premium/Discount to List
-$25,000
-6.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.32%
Original Mortgage
$250,500
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 2003
Sold by
Merkl Theodor and Merkl Carolinda J
Bought by
Merkl Theodor and Merkl Carolinda J
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
Kozarov George $630,000 --
Cortina Mark $334,000 None Available
Merkl Theodor -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cortina Mark $250,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $630,000 -2.9% $285 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
10/08/2022 10/08/22 For Sale $649,000 +94.3% $294 / Sq Ft
06/07/2017 06/07/17 Sold $334,000 -7.0% $151 / Sq Ft
05/08/2017 05/08/17 Pending -- -- --
03/29/2017 03/29/17 For Sale $359,000 -- $162 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $13,288 $624,070 $43,950 $580,120
2024 $13,079 $583,560 $43,950 $539,610
2023 $13,079 $564,270 $43,950 $520,320
2022 $9,567 $395,790 $0 $0
2021 $8,313 $359,810 $43,950 $315,860
2020 $7,729 $349,200 $43,950 $305,250
2019 $7,066 $303,870 $43,950 $259,920
2018 $6,363 $273,970 $43,950 $230,020
2017 $4,582 $176,990 $0 $0
2016 $4,063 $160,900 $0 $0
2015 $3,764 $146,280 $0 $0
2014 $3,475 $132,990 $0 $0
2013 -- $131,080 $43,950 $87,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10350812

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-01-03-0581