NOT LISTED FOR SALE

1418 SW 27th St Fort Lauderdale, FL 33315

Croissant Park Neighborhood

Estimated Value: $785,000 - $909,000

4 Beds
-- Bath
2,736 Sq Ft
$305/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $950,000 $347 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $5,463/month

43 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Central Heating

About This Home

As of January 2020

Income Producing 9-plex in Fort Lauderdale. Four separate buildings with 15 parking spaces and newer roofs on a large .54 acre lot. Nine one bed/one bath units in a desirable location near amenities including Lauderdale Marine Center and downtown Fort Lauderdale. Rents are currently under market, but on a month to month basis. This is a portfolio of folio #5042-21-06-0180 and #5042-21-06-0190

Last Agent to Sell the Property

Albert Van Zyl

The Corcoran Group License #3252913 Listed on: 10/30/2019

The Corcoran Group

Last Buyer's Agent

Olena Rubtsova

Grand State Realty License #3434593

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,264

Year Built

  • Built in 1951

Lot Details

  • 9,496

Parking

  • 15 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 2,736 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

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

Community Details

  • No Home Owners Association
  • Hibiscus Gardens Condos
  • Hibiscus Gardens Subdivision

Listing and Financial Details

  • Rent includes trash collection
  • Assessor Parcel Number 504221060180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,264

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1951
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Directions: From Federal take State Road 84 west and turn south on SW 15th Avenue. Turn east on SW 27th Street. Property is on the south side of the road.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: HIBISCUS GARDENS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HIBISCUS GARDENS
  • Total Parking Spaces: 15

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 504221060180
  • Zoning: Multi-Family (08)
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6264

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2019
Closed on
Jan 24, 2020
Sold by
Mark Koenig and Mark James Black
Bought by
Synekta Development Corp
Seller's Agent
Albert Van Zyl
The Corcoran Group
Buyer's Agent
Olena Rubtsova
Grand State Realty
List Price
$1,025,000
Sold Price
$950,000
Premium/Discount to List
-$75,000
-7.32%
Current Estimated Value
$834,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$116,000
Avg. Annual Appreciation
-2.98%

Purchase Details

Closed on
Jul 30, 2004
Sold by
Shiner David S and Blunt Geoffrey M
Bought by
Koenig Mark and Black James

Purchase Details

Closed on
Dec 22, 2003
Sold by
Shiner David S and Blunt Geoffrey M
Bought by
Koenig Mark and Black James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,537
Interest Rate
5.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 6, 2001
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Nov 20, 1997
Sold by
Tiemann Roger
Bought by
Shiner David S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
7.27%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Synekta Development Corp $950,000 Global American Ttl Svcs Llc
Koenig Mark $550,000 Dade County Title Corp
Available Not $10,000 --
Shiner David S $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koepnick Lance $240,000
Previous Owner Koenig Mark $185,537
Previous Owner Shiner David S $295,000
Closed Koenig Mark $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2020 01/24/20 Sold $950,000 -7.3% $347 / Sq Ft
10/30/2019 10/30/19 For Sale $1,025,000 -- $375 / 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 $11,026 $501,690 $61,590 $440,100
2024 $10,434 $487,650 $28,430 $459,220
2023 $10,434 $434,670 $0 $0
2022 $9,425 $395,160 $0 $0
2021 $8,524 $359,240 $28,430 $330,810
2020 $6,325 $280,910 $28,430 $252,480
2019 $5,267 $244,330 $28,430 $215,900
2018 $4,704 $240,010 $28,430 $211,580
2017 $4,367 $165,830 $0 $0
2016 $4,108 $150,760 $0 $0
2015 $3,705 $137,060 $0 $0
2014 $3,480 $124,600 $0 $0
2013 -- $126,580 $28,430 $98,150
Source: Public Records

Agents Affiliated with this Home

  • Albert Van Zyl

    Seller's Agent in 2020

    Albert Van Zyl

    The Corcoran Group

    (954) 554-6613

    4 in this area

    32 Total Sales

    Section Image

  • O

    Buyer's Agent in 2020

    Olena Rubtsova

    Grand State Realty

    (954) 414-4100

    8 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10765098

MIAMI REALTORS® MLS

APN: 50-42-21-06-0190

Florida Broward County Fort Lauderdale 33315 Croissant Park

1418 SW 27th St, Fort Lauderdale, FL

This home is located at 1418 SW 27th St, Fort Lauderdale, FL 33315 since 30 October 2019 and is currently estimated at $834,000, approximately $304 per square foot. This property was built in 1951. 1418 SW 27th St is a home located in Broward County with nearby schools including Croissant Park Elementary School, New River Middle School, and Stranahan High School.

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