NOT LISTED FOR SALE

1137 NE 2nd Ave Fort Lauderdale, FL 33304

South Middle River Neighborhood
2 Beds
1 Bath
1,611 Sq Ft
10,149 Sq Ft Lot

Last Sold January 15, 2021

Last sale price $525,000 $326 Per Sq Ft

16 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Central Heating and Cooling System
  • Fort Lauderdale High School Rated A
  • Tile Flooring
  • 1-Story Property

About This Home

As of January 2021

Major income producing and legal short term rental property centrally located in Fort Lauderdale. Just minutes to the beach and downtown, this duplex is situated on a lush 10,000+SF lot with a large pool and exotic landscaping. Unit 1 is a split level 2BD/1BA with gas cooking and W/D in-unit. Unit 2 is an adorable 1BD/1BA. Adjacent structure with A/C can easily be converted into an efficiency bedroom to maximize rental potential. Seller has invested in extensive upgrades to both units to keep up with short term rental codes. The property is surrounded by new construction townhouses that have elevated values in the neighborhood. Property could also be converted into a single family home to enjoy the magical, massive backyard. Space to park 4 cars. Earning reports available.

Last Agent to Sell the Property

Hayley Dodge

Compass Florida, LLC License #3389487 Listed on: 11/18/2020

Compass Florida, LLC

Last Buyer's Agent

Sandra Stafford

Regency Realty Services License #678825

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,202

Year Built

  • Built in 1948

Lot Details

  • 10,149

Parking

  • 4 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 1,611 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Progresso Condos
  • Progresso Subdivision

Listing and Financial Details

  • Rent includes cable TV, electricity, hot water, pool maintenance, sewer, trash collection, water
  • Assessor Parcel Number 494234039600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,202

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1948
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: PROGRESSO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1611
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Other
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PROGRESSO
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494234039600
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Cable TV, Electricity, Hot Water, Pool Maintenance, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8202

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Jan 7, 2021
Sold by
Azer Lucas
Bought by
Jamerman Justin Stuart and Jamerman Jodee Lynn
Seller's Agent
Hayley Dodge
Compass Florida, LLC
Buyer's Agent
Sandra Stafford
Regency Realty Services
List Price
$535,000
Sold Price
$525,000
Premium/Discount to List
-$10,000
-1.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Outstanding Balance
$322,076
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 14, 2015
Closed on
Jul 28, 2015
Sold by
Hudesman John and Yager Joan
Bought by
Azer Lucas
Seller's Agent
Pavel Kejla
Prolux U S Inc
List Price
$395,000
Sold Price
$359,000
Premium/Discount to List
-$36,000
-9.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%
Original Mortgage
$352,497
Interest Rate
4.04%
Mortgage Type
FHA

Purchase Details

Listed on
May 14, 2014
Closed on
Nov 24, 2014
Sold by
Miller Don P
Bought by
Hudesman John and Yager Joan
Seller's Agent
Don Miller
Inactive Member
Buyer's Agent
Don Miller
Engel & Voelkers Ft Lauderdale
List Price
$395,000
Sold Price
$255,500
Premium/Discount to List
-$139,500
-35.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.41%

Purchase Details

Closed on
Jun 4, 2003
Sold by
Lamontagne David P
Bought by
Miller Don P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
10%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 24, 1995
Sold by
M L Q Inv
Bought by
Lamontagne David P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
8.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 28, 1994
Sold by
Clerk Of Circuit Court
Bought by
M L Q Inv Lp
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
Jamerman Justin Stuart $525,000 Gulf Stream Title
Azer Lucas $359,000 Attorney
Hudesman John $255,500 Champagne Title Svcs Inc
Miller Don P $209,000 Champagne Title Services Inc
Lamontagne David P $73,900 --
M L Q Inv Lp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jamerman Justin Stuart $393,750
Previous Owner Azer Lucas $352,497
Previous Owner Miller Don P $190,000
Previous Owner Lamontagne David P $131,188
Previous Owner Lamontagne David P $102,750
Previous Owner Lamontagne David P $66,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $525,000 -1.9% $326 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $535,000 +49.0% $332 / Sq Ft
07/24/2015 07/24/15 Sold $359,000 -9.1% $245 / Sq Ft
06/24/2015 06/24/15 Pending -- -- --
03/14/2015 03/14/15 For Sale $395,000 +54.6% $269 / Sq Ft
11/24/2014 11/24/14 Sold $255,500 -35.3% $174 / Sq Ft
10/25/2014 10/25/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $395,000 -- $269 / 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 $10,759 $530,720 $50,660 $480,060
2024 $10,586 $510,820 $50,660 $460,160
2023 $10,586 $495,810 $0 $0
2022 $9,491 $450,740 $50,660 $400,080
2021 $6,348 $323,100 $0 $0
2020 $8,202 $424,970 $0 $0
2019 $7,486 $410,290 $0 $0
2018 $7,031 $400,250 $50,660 $349,590
2017 $7,057 $354,130 $0 $0
2016 $6,646 $321,940 $0 $0
2015 $4,085 $185,380 $0 $0
2014 $2,628 $109,010 $0 $0
2013 -- $104,270 $50,660 $53,610
Source: Public Records

Agents Affiliated with this Home

  • Hayley Dodge

    Seller's Agent in 2021

    Hayley Dodge

    Compass Florida, LLC

    (631) 603-5124

    1 in this area

    85 Total Sales

    Hayley Dodge
    Section Image

  • S

    Buyer's Agent in 2021

    Sandra Stafford

    Regency Realty Services

  • P

    Seller's Agent in 2015

    Pavel Kejla

    Prolux U S Inc

    (954) 673-9750

    Pavel Kejla
    Section Image

  • D

    Seller's Agent in 2014

    Don Miller

    Inactive Member

    Section Image

  • D

    Buyer's Agent in 2014

    Don Miller

    Engel & Voelkers Ft Lauderdale

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10973206

MIAMI REALTORS® MLS

APN: 49-42-34-03-9600

Florida Broward County Fort Lauderdale 33304 South Middle River

1137 NE 2nd Ave, Fort Lauderdale, FL

This home is located at 1137 NE 2nd Ave, Fort Lauderdale, FL 33304 since 18 November 2020. This property was built in 1948. 1137 NE 2nd Ave is a home located in Broward County with nearby schools including North Side Elementary School, Sunrise Middle School, and Fort Lauderdale High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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