NOT LISTED FOR SALE

Estimated Value: $654,000 - $834,000

8 Beds
4 Baths
2,744 Sq Ft
$272/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $650,000 $237 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,063/month

343 Days on Market

Highlights

  • Garden View
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • No HOA
  • Tile Flooring

About This Home

As of December 2023

Only 1.5 miles to the beach. 7 mins by car or street legal golf cart, 12 mins bike ride or a 32 min walk. 10 min walk to downtown restaurants and entertainment. Lots of room rent increases. Rent is way below market at $1,100 a door. All units are two bedrooms, one bath units. Investor Financing available, for owner occupants property is located in a community lending area ask the listing broker for details.

Last Agent to Sell the Property

Jeremy Vandervort

Ocean Capital R.E. Services Gr License #3207795 Listed on: 09/13/2023

Co-Listed By

Michael Vatalaro

Ocean Capital R.E. Services Gr License #3246153

Last Buyer's Agent

Kristoffer Karlsson

The Keyes Company License #3496598

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,100

Year Built

  • Built in 1923

Lot Details

  • 10,125 Sq Ft Lot

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 4 Bathrooms
  • 2,744 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Garden Views

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434421150080110

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Town Of Lake Worth Beach Subdivision

Building Details

  • Gross Income $52,800
  • Net Operating Income $36,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,100

Year Built

Built in 1923

Lot Details

10,125 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: US 1 to Lake Ave west to S D st north to 2nd Ave east to property on south side on E st
  • Year Built: 1923
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2744.0

Exterior Features

  • Exterior Features: None
  • View: City, Garden
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Frame, Stucco
  • Property Condition: Resale
  • Roof: Composition

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Lot Info

  • Parcel #: 38434421150080110
  • Lot Size Acres: 0.23
  • Lot Size: 75.0 ft x 135.0 ft
  • Lot Size Sq Ft: 10018.8
  • Mobile Dim Units: Feet
  • Zoning: SF-TF-

Rental Info

  • Tenant Pays: Electricity, Sewer, Water

Multi Family

  • Property Net Operating Income: 36560.0
  • Number Of Units In Community: 4
  • Annual Gross Income: 52800.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9100.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Dec 22, 2023
Sold by
J & J Koo Properties Llc
Bought by
Anthony Ameno Llc
Seller's Agent
Jeremy Vandervort
Ocean Capital R.E. Services Gr
Buyer's Agent
Kristoffer Karlsson
The Keyes Company
List Price
$850,000
Sold Price
$650,000
Premium/Discount to List
-$200,000
-23.53%
Views
92
Current Estimated Value
$745,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,620
Avg. Annual Appreciation
6.56%

Purchase Details

Closed on
Feb 22, 2013
Sold by
Dumont Gesner and Dumont Viviane
Bought by
J & J Koo Properties Llc

Purchase Details

Closed on
Feb 18, 2003
Sold by
Nocera Vincent and Nocera Geraldine
Bought by
Dumont Gesner

Purchase Details

Closed on
Jul 18, 2000
Sold by
R & R Hldg Corp Inc
Bought by
Norcera Vincent

Purchase Details

Closed on
Apr 23, 1996
Sold by
Florida Gardens Investments Inc
Bought by
R & R Holdings Corp Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.36%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Anthony Ameno Llc $650,000 None Listed On Document
J & J Koo Properties Llc $195,000 Universal Land Title Llc
Dumont Gesner $170,000 --
Norcera Vincent $87,000 --
R & R Holdings Corp Inc $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner R & R Holdings Corp Inc $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2023 12/22/23 Sold $650,000 -7.1% $237 / Sq Ft
11/07/2023 11/07/23 Price Changed $700,000 -17.6% $255 / Sq Ft
12/29/2022 12/29/22 For Sale $850,000 -- $310 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $14,800 $636,972 -- --
2024 $14,800 $579,065 -- --
2023 $10,460 $319,389 $0 $0
2022 $9,100 $290,354 $0 $0
2021 $8,540 $364,019 $135,200 $228,819
2020 $7,804 $307,981 $119,600 $188,381
2019 $7,415 $300,556 $109,200 $191,356
2018 $6,723 $271,852 $103,292 $168,560
2017 $6,065 $211,800 $73,780 $138,020
2016 $5,558 $163,896 $0 $0
2015 $5,173 $148,996 $0 $0
2014 $5,516 $161,689 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10854532

BeachesMLS (Greater Fort Lauderdale)

APN: 38-43-44-21-15-008-0110

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