$225,000
SOLD MAR 27, 2020

124 NW 12th Dr Belle Glade, FL 33430

-- Bed
-- Bath
2,496 Sq Ft
7,275 Sq Ft Lot

Recently Sold

$90 Per Sq Ft

30% Below List Price

29 Days on Market

About This Home

As of May 2025

Great Income Producing 4-Plex consisting of 4 units with 2 bedrooms 1 bathroom each leased and rented for $800 per month ($3,200 Gross per Month). All units have been fully remodeled and are in excellent condition, which includes new kitchen cabinets, bathrooms, plumbing fixtures, new A/C units, and freshly painted. Outside of building was painted less than a year ago. There is a large open parking area for residents. Rental properties are in short supply and more people are entering into the rental market; if you are looking for a good cap rate or ROI, this is it! The renovations increases the rental value of each unit. Come take a look at the value in this investment property! CASH BUYER or CONVENTIONAL ONLY! On Electronic Lockbox to see unit 2, call listing office number only!

Last Agent to Sell the Property

Antonio Small

Antonio Dean Small License #0669762 Listed on: 07/22/2019

Last Buyer's Agent

Jamil Smith

Star Power Realty, LLC. License #3352119

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,291

Year Built

1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1966
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: IRENE PARK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 2496
  • Possible Use: Investment
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Park Building Name: IRENE PARK
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), 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: 04374331160000120
  • Zoning: R2 (city
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2957

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2025
Closed on
May 9, 2025
Sold by
Edgehill Steven J
Bought by
Morgan Kevares
Seller's Agent
Jamil Smith
Star Power Realty, LLC.
Buyer's Agent
Kevares Morgan
Superior Realty Group LLC
List Price
$420,000
Sold Price
$400,000
Premium/Discount to List
-$20,000
-4.76%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.43%
Original Mortgage
$300,000
Outstanding Balance
$299,735
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$97,915

Purchase Details

Listed on
Jul 22, 2019
Closed on
Mar 27, 2020
Sold by
S2sh4u Llc
Bought by
Edgehill Steven Jordan
Seller's Agent
Antonio Small
Antonio Dean Small
Buyer's Agent
Jamil Smith
Star Power Realty, LLC.
List Price
$319,900
Sold Price
$225,000
Premium/Discount to List
-$94,900
-29.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.89%
Original Mortgage
$233,100
Interest Rate
3.4%
Mortgage Type
VA

Purchase Details

Closed on
Jun 23, 2017
Sold by
Step By Step Homes Llc
Bought by
S2sh4u Llc

Purchase Details

Closed on
Feb 16, 2017
Sold by
Not Provided
Bought by
Step By Step Homes Llc

Purchase Details

Closed on
Nov 18, 2004
Sold by
Crews William E
Bought by
Fuller Rebecca Crews
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 $400,000 Harbor Title
Warranty Deed $400,000 Harbor Title
Warranty Deed $225,000 Market Title Llc
Quit Claim Deed -- Attorney
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $38,100 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Closed $300,000 New Conventional
Previous Owner $233,100 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Sold $400,000 -4.8% $160 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
03/17/2025 03/17/25 For Sale $420,000 0.0% $168 / Sq Ft
03/08/2025 03/08/25 Pending -- -- --
02/25/2025 02/25/25 For Sale $420,000 +86.7% $168 / Sq Ft
03/27/2020 03/27/20 Sold $225,000 -29.7% $90 / Sq Ft
01/31/2020 01/31/20 For Sale $319,900 +42.2% $128 / Sq Ft
01/30/2020 01/30/20 Off Market $225,000 -- --
10/31/2019 10/31/19 Price Changed $319,900 -15.8% $128 / Sq Ft
09/22/2019 09/22/19 Price Changed $379,900 +8.6% $152 / Sq Ft
09/12/2019 09/12/19 For Sale $349,900 0.0% $140 / Sq Ft
08/20/2019 08/20/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $349,900 -- $140 / 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
2024 $5,291 $201,310 -- --
2023 $4,747 $183,009 -- --
2022 $4,549 $169,404 -- --
2021 $4,199 $154,004 $10,000 $144,004
2020 $3,191 $111,595 $10,000 $101,595
2019 $3,265 $113,316 $10,000 $103,316
2018 $2,957 $102,768 $10,180 $92,588
2017 $2,798 $95,286 $8,144 $87,142
2016 $2,875 $96,736 $0 $0
2015 $2,935 $96,736 $0 $0
2014 $2,836 $90,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10710508

MIAMI REALTORS® MLS

APN: 04-37-43-31-16-000-0120