NOT LISTED FOR SALE

Estimated Value: $743,000 - $971,000

4 Beds
2 Baths
2,602 Sq Ft
$335/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $508,000 $195 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,781/month

25 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 1-Story Property
  • Concrete Block With Brick
  • Central Heating and Cooling System

About This Home

As of July 2021

Excellent investment opportunity for investors or to own/occupy with supplemental income from 2nd unit! Surrounded by ocean access homes, this fantastic duplex is located in the sought after area of Rio Nuevo Isles just blocks from downtown Ft. Lauderdale and close to beaches, airport and all commuter routes. Both units have 2 bedrooms, tile floors, large kitchen/breakfast area, updated vanities and toilets, fenced patio area and their own utility/laundry rooms w/ washer & dryer! Unit 1 has stainless steel appliances, attached 1 car garage and circular driveway! Unit 2 has its own driveway. Separate electric meters , A/C units and laundry rooms! Spacious corner lot with gorgeous fruit trees! Don't miss this incredible opportunity!

Last Agent to Sell the Property

Maryan Gallagher

The Keyes Company License #3248823 Listed on: 06/07/2021

The Keyes Company

Last Buyer's Agent

Miguel Magallanes

Bella Costa Properties License #3278702

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,829

Year Built

  • Built in 1968

Lot Details

  • 7,362

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Concrete Block With Brick
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,602 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Rio Nuevo Isle Condos
  • Rio Nuevo Isle Subdivision

Listing and Financial Details

  • Rent includes sewer, trash collection, water
  • Assessor Parcel Number 504216380070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,829

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1968
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Directions: From US1 take Davie Blvd West to SW 9th Ave (take left) and 1st right onto Citrus Isle, house is on right side.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: RIO NUEVO ISLE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor, Tile
  • Living Area: 2602
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: Concrete Block With Brick, CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RIO NUEVO ISLE
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 504216380070
  • Zoning: RD-15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7829

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Jul 16, 2021
Sold by
Salseth Tanya and Lambreton Eduardo
Bought by
Blue & Brown Llc
Seller's Agent
Maryan Gallagher
The Keyes Company
Buyer's Agent
Miguel Magallanes
Bella Costa Properties
List Price
$475,000
Sold Price
$508,000
Premium/Discount to List
$33,000
6.95%
Current Estimated Value
$871,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,032
Avg. Annual Appreciation
12.33%

Purchase Details

Closed on
Sep 26, 2019
Sold by
Shaffer Nancy K
Bought by
Salseth Tanya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2014
Sold by
Garcia Antonio
Bought by
Garcia Antonio and Garcia Rina Y

Purchase Details

Closed on
Aug 12, 1999
Sold by
Richard G Anderson Tr
Bought by
Shaffer Nancy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 1992
Source: Public Records

Range of Values:

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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
Blue & Brown Llc $508,000 My Title Guy
Salseth Tanya $400,000 Title Alliance Professionals
Garcia Antonio $300 Attorney
Shaffer Nancy K $135,000 --
-- $8,571 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salseth Tanya $340,000
Previous Owner Shaffer Nancy K $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $508,000 +6.9% $195 / Sq Ft
06/27/2021 06/27/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $475,000 0.0% $183 / Sq Ft
06/13/2021 06/13/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $475,000 -- $183 / 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 $12,424 $600,900 -- --
2024 $12,119 $600,900 -- --
2023 $12,119 $496,620 $0 $0
2022 $9,504 $451,480 $220,980 $230,500
2021 $8,331 $413,680 $0 $0
2020 $7,829 $404,790 $220,980 $183,810
2019 $5,109 $338,510 $36,830 $301,680
2018 $4,423 $300,160 $36,830 $263,330
2017 $4,052 $153,890 $0 $0
2016 $3,497 $139,900 $0 $0
2015 $3,170 $127,190 $0 $0
2014 $2,815 $115,630 $0 $0
2013 -- $114,430 $36,830 $77,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11051078

MIAMI REALTORS® MLS

APN: 50-42-16-38-0070