$995,000
SOLD DEC 12, 2014
-- Bed
-- Bath
3,832 Sq Ft
6,055 Sq Ft Lot

Recently Sold

$260 Per Sq Ft

17% Below List Price

126 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 3-minute walk to John B. Kooser Memorial Park and Exercise Trail
  • Cooling System Mounted To A Wall/Window
  • Heating Available

About This Home

As of January 2019

Excellent Income opportunity. 8 units, 7 1 bdr and 1 studio. in the exclusive location of Hollywood Lakes. Fully rented. Walking distance from the beach and Downtown Hollywood. Separate meters. 7 cap. Low expenses. Double lot with approximate 12100 SQF 8 Parking spaces. 1 bedroom big apartments rent 1050 and Smaller 950 and studio 800. Do not mention SALE while in the premises, owner doesn't want tenants to know. Do not Disturb Tenants. Seller is motivated Property barter Exchange will be considered.

Last Agent to Sell the Property

Lina Zafra

LZ Realty Inc License #3239083 Listed on: 07/11/2014

Last Buyer's Agent

Branny benyair

Meta Quest Realty LLC License #3151562

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,026

Year Built

  • Built in 1940

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,832 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Utilities

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

Community Details

  • No Home Owners Association
  • 4 Units
  • Hollywood Lakes Section 1 Condos
  • Hollywood Lakes Section 1 Subdivision

Listing and Financial Details

  • Rent includes hot water, gardener, sewer, trash collection, water
  • Assessor Parcel Number 514214011840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,026

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1940
  • Property Sub Type: Quadruplex
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: HOLLYWOOD LAKES SECTION 1
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Stairs
  • Flooring: Tile
  • Living Area: 3832
  • Possible Use: Unknown/Withheld
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Park Building Name: HOLLYWOOD LAKES SECTION 1
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514214011840
  • Zoning: R
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water, Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 9026

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2022
Sold by
Mperf Llc
Bought by
Braun Michael and Osberg-Braun Linda
Total Days on Market
126
Current Estimated Value
$1,820,195

Purchase Details

Closed on
Aug 7, 2021
Sold by
E & O Properties Llc
Bought by
Mperf Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 12, 2018
Closed on
Jan 28, 2019
Sold by
Bearman Danielle D and Flores Jose
Bought by
E & O Properties Llc
Seller's Agent
Gene Whiddon III
Better Homes & Gdns RE Fla 1st
List Price
$1,350,000
Sold Price
$840,000
Premium/Discount to List
-$510,000
-37.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.97%
Original Mortgage
$300,000
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 11, 2014
Closed on
Nov 28, 2014
Sold by
Dime Investment Group Llc
Bought by
Bearman Danielle D
Seller's Agent
Lina Zafra
LZ Realty Inc
Buyer's Agent
Branny benyair
Meta Quest Realty LLC
List Price
$1,199,000
Sold Price
$995,000
Premium/Discount to List
-$204,000
-17.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.02%

Purchase Details

Closed on
May 11, 2011
Sold by
Stremel Joan and Goner Aileen Bonnie
Bought by
1350 Tyler Street Llc

Purchase Details

Closed on
Jul 14, 2010
Sold by
Schwarz John Richard
Bought by
Goner Aileen Bonnie and Stremel Joan

Purchase Details

Closed on
Apr 15, 2004
Sold by
Varpo Investments Inc
Bought by
Schwarz Betty Leach and Stremel Joan

Purchase Details

Closed on
Dec 27, 2001
Sold by
Dourvetakis Peter and Dourvetakis Lucille
Bought by
Varpo Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 18, 1997
Sold by
Novelli Leonard
Bought by
Antman Carol

Purchase Details

Closed on
Sep 16, 1996
Sold by
Rotili Francesco and Rotili Angela
Bought by
Dourvetakis Peter and Dourvetakis Lucille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
8.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 11, 1996
Sold by
Brewer John D
Bought by
Novelli Leonard

Purchase Details

Closed on
Nov 1, 1988
Sold by
Available Not
Bought by
Available Not
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 Type Sale Price Title Company
Warranty Deed $2,000,000 --
Warranty Deed $1,400,000 Accommodation
Warranty Deed $840,000 Certified Title
Warranty Deed $995,000 Associated Title & Escrow Co
Quit Claim Deed -- Attorney
Warranty Deed $80,000 Attorney
Warranty Deed $80,000 Attorney
Warranty Deed $688,000 --
Warranty Deed $400,000 --
Quit Claim Deed $100 --
Warranty Deed $240,000 --
Warranty Deed $40,000 --
Warranty Deed $176,786 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $980,000 Future Advance Clause Open End Mortgage
Previous Owner $300,000 Construction
Previous Owner $438,750 Commercial
Previous Owner $95,000 Stand Alone Second
Previous Owner $300,000 Commercial
Previous Owner $170,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2019 01/29/19 Sold $840,000 -37.8% $219 / Sq Ft
12/30/2018 12/30/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $1,350,000 +35.7% $352 / Sq Ft
12/12/2014 12/12/14 Sold $995,000 -17.0% $260 / Sq Ft
11/13/2014 11/13/14 Pending -- -- --
07/10/2014 07/10/14 For Sale $1,199,000 +81.7% $313 / Sq Ft
06/03/2013 06/03/13 Sold $660,000 -24.6% $119 / Sq Ft
05/04/2013 05/04/13 Pending -- -- --
11/29/2009 11/29/09 For Sale $875,000 -- $158 / 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 $31,220 $1,272,750 $72,680 $1,200,070
2024 $38,907 $1,352,420 $72,680 $1,279,740
2023 $38,907 $1,712,600 $72,680 $1,639,920
2022 $27,751 $1,192,770 $72,680 $1,120,090
2021 $16,750 $678,910 $72,680 $606,230
2020 $16,690 $678,910 $72,680 $606,230
2019 $18,260 $792,300 $72,680 $719,620
2018 $16,859 $782,760 $72,680 $710,080
2017 $14,861 $592,980 $0 $0
2016 $13,763 $539,080 $0 $0
2015 $12,498 $490,080 $0 $0
2014 $11,422 $434,110 $0 $0
2013 -- $256,680 $72,680 $184,000
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A1975507

MIAMI REALTORS® MLS

APN: 51-42-14-01-1840