NOT LISTED FOR SALE

132 SE 2nd Terrace Hallandale Beach, FL 33009

Southwest Lakes Neighborhood

Estimated Value: $598,000 - $931,000

-- Bed
-- Bath
2,101 Sq Ft
$377/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $737,750 $351 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,487/month

726 Days on Market

Highlights

  • No HOA
  • Heating Available
  • 1-Story Property
  • Cooling Available

About This Home

As of February 2023

INVESTOR DREAM, BIG LAND FOR FUTURE DEVELOPMENT - GREAT INCOME, INCREDIBLE LOCATION, LOCATION SUPER NICE & ATTRACTIVE CORNER 14,053 SF Land, Building 2,101 SF
POSSIBILITY TO BUILD A BRAND NEW LUXURY APARTMENT BUILDING IN THIS BIG CORNER LAND.
POSSIBILITY TO OPERATE IT AS A AIRBNB FOR HIGHER RETURNS, LOCATION, LOCATION. LOCATION.!!!
INCOME:
Apt. #1: (1Be/1Ba) = $1,500/month
Apt. #2: (1Be/1Ba) = $1,900/month
Apt. #3: (Efficiency) =$1,200/month
Apt. #4: (Studio) =$1,050/month
Garage: = $450/month
Total GROSS INCOME=$6,100/month
Yearly GROSS Income= $73,200/year
EXPENSES:
Property Taxes 2022 = $8,055.20/year
Water/Sewer/Trash, Electrical =$5,700.00/year
Total Yearly Expenses: =$13,755.20/year
Net Operating Income =$59,444.80/year

Last Agent to Sell the Property

David Heinrich

The Keyes Company License #3187652 Listed on: 03/03/2021

The Keyes Company

Last Buyer's Agent

David Heinrich

The Keyes Company License #3187652 Listed on: 03/03/2021

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,602

Year Built

  • Built in 1957

Lot Details

  • 0.47

Parking

  • 5 Parking Spaces

Home Design

  • Triplex

Interior Spaces

  • 2,101 Sq Ft Home
  • 1-Story Property

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 4 Units
  • Tatem Woffords Sub Condos
  • Tatem Woffords Sub Subdivision

Listing and Financial Details

  • Rent includes gardener, water
  • Assessor Parcel Number 514227080320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,602

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1957
  • Property Sub Type: Triplex
  • Architectural Style: Other
  • Directions: GPS
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: TATEM WOFFORDS SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 2101
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Other
  • Construction Type: Other
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TATEM WOFFORDS SUB
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514227080320
  • Zoning: Residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Water

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6602

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
Feb 27, 2023
Sold by
Rosenberg Victor
Bought by
Hallandale Beach Cmty Redevelo
Seller's Agent
David Heinrich
The Keyes Company
Buyer's Agent
David Heinrich
The Keyes Company
List Price
$1,250,000
Sold Price
$737,750
Premium/Discount to List
-$512,250
-40.98%
Views
31
Current Estimated Value
$791,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,917
Avg. Annual Appreciation
2.08%

Purchase Details

Closed on
Mar 31, 2021
Sold by
Casler Lee and Casler Phyllis
Bought by
Casler David Scott and Casler Lily Cheng

Purchase Details

Closed on
Jan 31, 2021
Sold by
Rosenberg Mark and Rosenberg Victor
Bought by
Rosenberg Victor

Purchase Details

Closed on
Aug 6, 2004
Sold by
Macgovern Montserrat A
Bought by
Rosenberg Victor and Rosenberg Mark

Purchase Details

Closed on
Aug 5, 2004
Sold by
Macgovern Patricia Ceballos and Macgovern Alejandra
Bought by
Rosenberg Mark and Rosenberg Victor

Purchase Details

Closed on
Nov 2, 2001
Sold by
Derosa Mary
Bought by
Macgovern Lorenzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 3, 1994
Sold by
Jessie David C
Bought by
Derosa Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
8.78%
Mortgage Type
Commercial
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
Hallandale Beach Cmty Redevelo $1,362,800 None Listed On Document
Casler David Scott $250,000 Legacy Title Services Inc
Rosenberg Victor -- Accommodation
Rosenberg Victor -- Union Title Services Inc
Rosenberg Mark $268,000 Union Title Services Inc
Macgovern Lorenzo $150,000 Enterprise Title Inc
Derosa Mary $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Macgovern Lorenzo $105,000
Previous Owner Derosa Mary $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $737,750 -32.9% $351 / Sq Ft
02/26/2023 02/26/23 Pending -- -- --
12/21/2022 12/21/22 Price Changed $1,099,000 -12.1% $523 / Sq Ft
12/13/2022 12/13/22 Price Changed $1,250,000 0.0% $595 / Sq Ft
12/13/2022 12/13/22 For Sale $1,250,000 +28.2% $595 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/04/2022 09/04/22 For Sale $975,000 0.0% $464 / Sq Ft
09/04/2022 09/04/22 Off Market $975,000 -- --
04/12/2022 04/12/22 Price Changed $975,000 +30.2% $464 / Sq Ft
09/12/2021 09/12/21 Price Changed $749,000 -5.8% $356 / Sq Ft
08/25/2021 08/25/21 Price Changed $795,000 0.0% $378 / Sq Ft
08/25/2021 08/25/21 For Sale $795,000 +9.7% $378 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
05/13/2021 05/13/21 Price Changed $725,000 +15.3% $345 / Sq Ft
03/02/2021 03/02/21 For Sale $629,000 -- $299 / 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 -- $811,960 $811,960 --
2024 $2,085 $811,960 $811,960 --
2023 $2,085 $367,380 $0 $0
2022 $8,055 $333,990 $0 $0
2021 $7,032 $303,630 $84,320 $219,310
2020 $6,602 $283,120 $84,320 $198,800
2019 $6,092 $255,550 $84,320 $171,230
2018 $5,673 $284,460 $84,320 $200,140
2017 $5,079 $210,850 $0 $0
2016 $4,773 $191,690 $0 $0
2015 $4,297 $174,270 $0 $0
2014 $3,845 $158,430 $0 $0
2013 -- $145,620 $84,320 $61,300
Source: Public Records

Agents Affiliated with this Home

  • David Heinrich

    Seller's Agent in 2023

    David Heinrich

    The Keyes Company

    (305) 926-3106

    1 in this area

    35 Total Sales

    David Heinrich
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11007195

MIAMI REALTORS® MLS

APN: 51-42-27-08-0320

Florida Broward County Hallandale Beach 33009 Southwest Lakes

132 SE 2nd Terrace, Hallandale Beach, FL

This home is located at 132 SE 2nd Terrace, Hallandale Beach, FL 33009 since 03 March 2021 and is currently estimated at $791,667, approximately $376 per square foot. This property was built in 1957. 132 SE 2nd Terrace is a home located in Broward County with nearby schools including Gulfstream Academy of Hallandale Beach, Hallandale High School, and South Broward Montessori Charter School.

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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