NOT LISTED FOR SALE

1130 W Blue Heron Blvd Unit 1 Riviera Beach, FL 33404

Estimated Value: $894,000 - $1,464,000

12 Beds
8 Baths
4,608 Sq Ft
$240/Sq Ft Est. Value

Last Sold August 26, 2019

Last sale price $630,000 $137 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $6,992/month

264 Days on Market

Highlights

  • 11,190 Sq Ft lot
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Garden View

About This Home

As of August 2019

Perfectly built quadplex in high demand rental area. No expense was spared on this 4 unit building that offers all 3 bedroom 2 bath units. Each apt. has its own electric, water and washing machine dryer hookup. All kitchens are beautiful with tile throughout. This is an easy cash cow that is absolutely turn key.Don't wait call listing agent at CPREO today!

Last Agent to Sell the Property

Cole Leavitt

CPRE Organization Inc License #3238799 Listed on: 11/04/2018

Last Buyer's Agent

Darnell Gardener

1st Source LLC License #3092936

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,199

Year Built

  • Built in 2008

Lot Details

  • 0.26

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 4,608 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring
  • Garden Views

Additional Features

  • 0.26 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 56434229300000040

Community Details

Overview

  • 4 Units
  • Lewis Terminals 2 Second Subdivision

Building Details

  • Operating Expense $9,468
  • Net Operating Income $48,132

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,199

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: I-95 to Blue Heron; West to 1130 Blue Heron
  • Year Built: 2008
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 4608.0

Exterior Features

  • View: Garden
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 56434229300000040
  • Lot Size Sq Ft: 11190.0
  • Zoning Description: RM-15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 48132.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 9468.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5199.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2018
Closed on
Aug 26, 2019
Sold by
Neath Shawn and Bonnick Curtis
Bought by
Riveiera Beach Housing Authority
Seller's Agent
Cole Leavitt
CPRE Organization Inc
Buyer's Agent
Darnell Gardener
1st Source LLC
List Price
$658,000
Sold Price
$630,000
Premium/Discount to List
-$28,000
-4.26%
Current Estimated Value
$1,107,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,852
Avg. Annual Appreciation
10.21%
Original Mortgage
$200,000
Outstanding Balance
$178,121
Interest Rate
3.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$961,638

Purchase Details

Closed on
Oct 15, 2004
Sold by
Bakst Michael R and Hamid Yasir
Bought by
Neath Shawn and Ronnick Curtis

Purchase Details

Closed on
Apr 10, 2001
Sold by
Evon B Freeland I
Bought by
Hamid Yasir and Hamid Abdelrahman A
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
Riveiera Beach Housing Authority $631,000 Old Palm Title Llc
Neath Shawn $48,000 --
Hamid Yasir $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riveiera Beach Housing Authority $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2019 08/26/19 Sold $630,000 -4.3% $137 / Sq Ft
07/27/2019 07/27/19 Pending -- -- --
11/04/2018 11/04/18 For Sale $658,000 0.0% $143 / Sq Ft
03/11/2013 03/11/13 Rented $1,100 -8.3% --
02/09/2013 02/09/13 Under Contract -- -- --
05/03/2012 05/03/12 For Rent $1,200 -- --
Source: BeachesMLS

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
2024 -- $659,416 -- --
2023 $13,417 $630,496 $0 $0
2022 $400 $573,178 $0 $0
2021 $12,071 $570,243 $25,600 $544,643
2020 $10,778 $473,701 $20,800 $452,901
2019 $6,115 $287,993 $17,600 $270,393
2018 $5,743 $306,529 $17,069 $289,460
2017 $5,199 $259,277 $13,130 $246,147
2016 $4,573 $183,328 $0 $0
2015 $4,273 $166,662 $0 $0
2014 $4,248 $151,511 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10478257

BeachesMLS

APN: 56-43-42-29-30-000-0040