NOT LISTED FOR SALE

1208 N 57th Ave Hollywood, FL 33021

441 Corridor Neighborhood

Estimated Value: $497,000 - $800,934

6 Beds
6 Baths
2,572 Sq Ft
$252/Sq Ft Est. Value

Sale Details

Date Sold: December 30, 2016

Last sale price $290,000 $113 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $4,339 / mo

558 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Laundry Facilities
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of December 2016

CAP Rate currently 8.9%. This is true Value-add, stable multifamily property with long term tenants. Below market rate. MTM tenants situation would allow to raise the rent to achieve much higher return.

Last Agent to Sell the Property

Rhonda Hooper

Broward Realty Partners License #3259126 Listed on: 10/13/2016

Co-Listed By

Leyla Semenov

Broward Realty Partners License #0657915

Last Buyer's Agent

Sara Meir

Best Buys & Rentals License #3188213

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,228

Year Built

  • Built in 1968

Lot Details

  • Property is zoned MR9

Parking

  • 6 Parking Spaces

Home Design

  • Shingle Roof

Interior Spaces

  • 2,572 Sq Ft Home
  • 1-Story Property

Flooring

  • Tile
  • Terrazzo

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Total Actual Rent $35,340
  • Assessor Parcel Number 514112041390

Community Details

Overview

  • No Home Owners Association
  • Hollywood Beach Heights Subdivision

Amenities

  • Laundry Facilities

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,228

Year Built

Built in 1968

Lot Details

9,322 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1968
  • Property Sub Type: Triplex
  • Architectural Style: Detached, Other
  • Co List Office Mls Id: KWPF01
  • Co List Office Phone: 954-630-7020
  • Directions: BETWEEN TAFT STREET AND JOHNSON STREET - EAST OF THE TURNPIKE AND WEST OF 95.
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: Hollywood Beach Heights
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo, Tile
  • Living Area: 2572
  • Possible Use: Investment
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: Hollywood Beach Heights
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514112041390
  • Zoning: MR9
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Multi Family

  • Net Operating Income: 27380
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Operating Expense: 7960
  • Total Actual Rent: 35340

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 4228

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2022
Sold by
Meir Sara
Bought by
Meir Sara and Meir David
Current Estimated Value
$648,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$301,679
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$347,288

Purchase Details

Listed on
Oct 13, 2016
Closed on
Dec 30, 2016
Sold by
Havin Abner
Bought by
Havis Avner and Meir Sara
Seller's Agent
Rhonda Hooper
Broward Realty Partners
Buyer's Agent
Sara Meir
Best Buys & Rentals
List Price
$310,000
Sold Price
$290,000
Premium/Discount to List
-$20,000
-6.45%

Home Financials for this Owner

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

Purchase Details

Closed on
Dec 27, 2006
Sold by
Champion Angel Lois
Bought by
Champion Steven D

Purchase Details

Closed on
Feb 3, 2005
Sold by
Garfield One Llc
Bought by
Champion Steven D and Champion Angel Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
1.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2004
Sold by
Character Properties Inc
Bought by
Garfield One Llc

Purchase Details

Closed on
Jan 15, 2003
Sold by
Allen Laurie
Bought by
Character Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,300
Interest Rate
6.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 27, 2002
Sold by
Rivera Margie and Rivera Virginia
Bought by
Allen Laurie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,300
Interest Rate
6.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 16, 1996
Sold by
Kravitz Steven M and Margie River A
Bought by
Rivera Margie and Rivera Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7.29%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Meir Sara -- Town & Country Title Company
Havis Avner -- Attorney
Haviv Avner $290,000 Master Title Inc
Champion Steven D -- Attorney
Champion Steven D $396,000 --
Garfield One Llc -- --
Character Properties Inc -- --
Allen Laurie L $117,000 Town & Country Title Guarant
Rivera Margie $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meir Sara $330,000
Previous Owner Champion Steven D $312,000
Previous Owner Allen Laurie L $105,300
Previous Owner Rivera Margie $54,000
Closed Champion Steven D $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2016 12/30/16 Sold $290,000 -4.9% $113 / Sq Ft
11/28/2016 11/28/16 Price Changed $305,000 -1.6% $119 / Sq Ft
06/19/2015 06/19/15 For Sale $310,000 -- $121 / Sq Ft
Source: MIAMI REALTORS® MLS

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
2026 $10,505 $473,670 -- --
2025 $9,444 $430,610 -- --
2024 $8,927 $416,160 $55,870 $360,290
2023 $8,927 $355,890 $0 $0
2022 $7,796 $323,540 $0 $0
2021 $7,108 $294,130 $55,870 $238,260
2020 $7,065 $294,550 $55,870 $238,680
2019 $6,690 $280,910 $55,870 $225,040
2018 $6,279 $293,590 $55,870 $237,720
2017 $5,305 $219,630 $0 $0
2016 $4,858 $191,490 $0 $0
2015 $4,476 $174,090 $0 $0
2014 $4,228 $160,290 $0 $0
2013 -- $151,640 $55,870 $95,770
Source: Public Records

Agents Affiliated with this Home

  • Rhonda Hooper

    Seller's Agent in 2016

    Rhonda Hooper

    Broward Realty Partners

    (954) 328-3487

    36 Total Sales

    Rhonda Hooper
    Section Image
  • Leyla Semenov

    Seller Co-Listing Agent in 2016

    Leyla Semenov

    Broward Realty Partners

    (954) 263-9421

    31 Total Sales

    Leyla Semenov
    Section Image

  • S

    Buyer's Agent in 2016

    Sara Meir

    Best Buys & Rentals

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10158655

MIAMI REALTORS® MLS

APN: 51-41-12-04-1390

Florida Broward County Hollywood 33021 441 Corridor

1208 N 57th Ave, Hollywood, FL

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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