$2,128,000
SOLD APR 24, 2015
0.26 Acre
$8,184,615 Price per Acre
11,326 Sq Ft Lot

Recently Sold

$188 Per Sq Ft

9% Below List Price

45 Days on Market

Highlights

  • Deeded Boat Dock
  • Home fronts navigable water
  • No HOA
  • Bayview Elementary School Rated A
  • Bay View
  • Unrestricted saltwater access

About This Lot

As of June 2019

Plans for a 12000SF+ home, ready for permit, included. Last lot on Seminole Drive. 1/4+ acre on Sunrise Bay & ICW. Breathtaking sunrise on Birch State Park. Brand new concrete 80ft seawall & 1200 SF dock w/pilings & Brazilian wood (IPE). Build your dream WF home in Fort Lauderdale's most desirable neighborhood. Short walk to CR Yacht Club, Galleria Mall, Birch State Park & the beach; 3 mn walk to Bayview Elementary. Drive to Las Olas/Downtown (7 mn), FLL Int'l (15 mn). Pt Everglades inlet 20 mn by boat.

Last Agent to Sell the Property

Albert Niels

One Sotheby's Int'l Realty License #0496568 Listed on: 02/12/2015

One Sotheby's Int'l Realty

Last Buyer's Agent

Timothy Elmes

Coldwell Banker Residential RE License #486943

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,895

Lot Details

  • 0.26 Acre Lot
  • 81 Ft Wide Lot
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Cleared Lot
  • Property is zoned RE1

Interior Spaces

  • 11,295 Sq Ft Home
  • Bay Views

Location

  • City Lot

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 494236080700

Community Details

Overview

  • No Home Owners Association
  • Beach Way Heights Condos
  • Beach Way Heights Subdivision

Recreation

  • No Fixed Bridges
  • Unrestricted saltwater access
  • Deeded Boat Dock

Property Details

Property Type

Land

Est. Annual Taxes

$17,895

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Directions: BAYVIEW TO NE 12 STREET EAST TO PROPERTY
  • Road Frontage Type: Bay
  • Horses: No
  • Inclusions: Deeded Dock,Private Dock,Unrestricted Salt Water Access
  • Lot Size Acres: 0.26
  • New Construction: No
  • Road Frontage Type: Public Road
  • Structure Type: Residential
  • Subdivision Name: BEACH WAY HEIGHTS
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Investment

Exterior Features

  • View: Bay View
  • Direction Faces: West
  • Lot Features: City Location, 1/4 To Less Than 1/2 Acre Lot, Cleared
  • Other Structures: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front, Navigable Water, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BEACH WAY HEIGHTS

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Irrigation Water, Phone Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 494236080700
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Undeveloped
  • Lot Size Sq Ft: 11295
  • Zoning: RE1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 17895

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2018
Closed on
Jun 6, 2019
Sold by
Mimi K Development Llc
Bought by
Snyder Karen A
Seller's Agent
Tim Elmes
Compass Florida, LLC
Buyer's Agent
Chip Falkanger
Compass Florida, LLC
List Price
$6,995,000
Sold Price
$5,875,000
Premium/Discount to List
-$1,120,000
-16.01%
Current Estimated Value
$6,706,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$831,274
Avg. Annual Appreciation
3.52%
Original Mortgage
$3,000,000
Outstanding Balance
$2,669,844
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$4,606,222

Purchase Details

Listed on
Feb 12, 2015
Closed on
Apr 23, 2015
Sold by
Barber Tim
Bought by
Mimi K Development Llc
Seller's Agent
Albert Niels
One Sotheby's Int'l Realty
Buyer's Agent
Timothy Elmes
Coldwell Banker Residential RE
List Price
$2,340,000
Sold Price
$2,128,000
Premium/Discount to List
-$212,000
-9.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.95%

Purchase Details

Listed on
Jul 15, 2013
Closed on
Feb 19, 2014
Sold by
Reef Development Inc
Bought by
Barber Tim
Seller's Agent
Mary Cotton
Keller Williams Realty Profess
List Price
$1,600,000
Sold Price
$1,500,000
Premium/Discount to List
-$100,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.50%

Purchase Details

Closed on
Jan 7, 2011
Sold by
Testam Mckee David M
Bought by
Reef Development Inc

Purchase Details

Closed on
Jan 4, 2011
Sold by
Suntrust Bank
Bought by
Reef Development Inc

Purchase Details

Closed on
Aug 4, 2000
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Dec 1, 1986
Sold by
Available Not
Bought by
Available Not
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 Type Sale Price Title Company
Warranty Deed $5,875,000 Attorney
Warranty Deed $2,128,000 None Available
Warranty Deed $1,500,000 Attorney
Deed -- Attorney
Deed $985,000 Attorney
Personal Reps Deed $10,000 --
Warranty Deed $7,142 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2019 06/06/19 Sold $5,875,000 -16.0% $734 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
06/08/2018 06/08/18 For Sale $6,995,000 +228.7% $874 / Sq Ft
04/24/2015 04/24/15 Sold $2,128,000 -9.1% $188 / Sq Ft
03/28/2015 03/28/15 Pending -- -- --
02/11/2015 02/11/15 For Sale $2,340,000 +56.0% $207 / Sq Ft
02/19/2014 02/19/14 Sold $1,500,000 -6.3% $133 / Sq Ft
01/20/2014 01/20/14 Pending -- -- --
07/15/2013 07/15/13 For Sale $1,600,000 -- $142 / 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 $98,255 $5,458,480 -- --
2024 $96,758 $5,304,650 -- --
2023 $96,758 $5,150,150 $0 $0
2022 $92,434 $5,000,150 $0 $0
2021 $89,844 $4,854,520 $0 $0
2020 $88,138 $4,787,500 $0 $0
2019 $36,000 $1,937,090 $1,937,090 $0
2018 $35,167 $1,937,090 $1,937,090 $0
2017 $35,788 $1,937,090 $0 $0
2016 $36,907 $1,937,090 $0 $0
2015 $27,025 $1,378,100 $0 $0
2014 $17,896 $895,810 $0 $0
2013 -- $895,810 $895,810 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2071848

MIAMI REALTORS® MLS

APN: 49-42-36-08-0700