1426 SE 3rd Terrace Deerfield Beach, FL 33441
Fairlawn Neighborhood
--
Bed
--
Bath
1,908
Sq Ft
7,275
Sq Ft Lot
Highlights
- Room in yard for a pool
- Central Heating and Cooling System
- 1-minute walk to Cornerstone Park
- Ceramic Tile Flooring
- Fenced
About This Home
As of February 2025Amazing Investment Opportunity In The Heart Of Deerfield Beach, POTENTIAL CAP RATE OF 7.0+! This Large Duplex Is Perfectly Located Just Minutes To Sandy Beaches, Shopping & Entertainment. Each Unit Offers A Spacious 2-Bedroom, 1-Bath Layout, Florida Room Were Previously Converted To Accommodate A Third Bedroom. Both Units Feature Living Area, Full Kitchen, Washer, Dryer Hookups, Enclosed Patio, & Private Fenced Yards. Roof Is 11+- Years. Tenants Pay All Utilities, Including Water, Electric, & Trash. Potential Income Is $2300+ per unit. Totaling $55,200. Expenses Include Taxes($7,719)Insurance(Estimate)($6000)Lawn($960) Totaling $14,679 For A Potential Net Of $40,521. Units Are In Need Of Some TLC, And Priced Accordingly. This Is Definitely the Diamond In The Rough You've Been Looking For!
Last Agent to Sell the Property
Fidelity Real Estate Group LLC License #0623048 Listed on: 01/06/2025
Last Buyer's Agent
Fidelity Real Estate Group LLC License #0623048 Listed on: 01/06/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,265
Year Built
- Built in 1969
Parking
- 8 Parking Spaces
Home Design
- Duplex
Interior Spaces
- 1,908 Sq Ft Home
- 1-Story Property
- Ceramic Tile Flooring
Utilities
- Central Heating and Cooling System
- Cable TV Available
Additional Features
- Room in yard for a pool
- Fenced
Listing and Financial Details
- Total Actual Rent $55,200
- Rent includes gardener
- Assessor Parcel Number 484307121010
- Seller Considering Concessions
Community Details
Overview
- 2 Units
- Fairlawn 1St Add 43 31 B Subdivision
Building Details
- Net Operating Income $40,521
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 6, 2025
Closed on
Feb 13, 2025
Sold by
Rivoir Realty Llc
Bought by
All United Solutions Llc
Seller's Agent
Carlos Montoya
Fidelity Real Estate Group LLC
Buyer's Agent
Carlos Montoya
Fidelity Real Estate Group LLC
List Price
$575,000
Sold Price
$485,000
Premium/Discount to List
-$90,000
-15.65%
Views
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$947
Avg. Annual Appreciation
-0.76%
Original Mortgage
$225,000
Interest Rate
6.84%
Mortgage Type
Construction
Purchase Details
Listed on
Jan 6, 2025
Closed on
Dec 31, 2024
Sold by
Cooper Margaret A
Bought by
Rivoir Realty Llc
Seller's Agent
Carlos Montoya
Fidelity Real Estate Group LLC
Buyer's Agent
Carlos Montoya
Fidelity Real Estate Group LLC
List Price
$575,000
Sold Price
$485,000
Premium/Discount to List
-$90,000
-15.65%
Views
29
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.84%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 16, 2000
Sold by
Available Not
Bought by
Available Not
Purchase Details
Closed on
Mar 31, 2000
Sold by
Available Not
Bought by
Available Not
Purchase Details
Closed on
Nov 17, 1999
Sold by
Reinsch Carl B
Bought by
Cooper Margaret A
Similar Homes in Deerfield Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $485,000 | Sunrise Title Services | |
| Warranty Deed | $411,000 | None Listed On Document | |
| Warranty Deed | $411,000 | None Listed On Document | |
| Quit Claim Deed | $10,000 | -- | |
| Warranty Deed | $10,000 | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $225,000 | Construction | |
| Previous Owner | $70,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/13/2025 02/13/25 | Sold | $485,000 | -11.8% | $254 / Sq Ft |
| 01/29/2025 01/29/25 | Pending | -- | -- | -- |
| 01/14/2025 01/14/25 | Price Changed | $550,000 | -4.3% | $288 / Sq Ft |
| 01/06/2025 01/06/25 | For Sale | $575,000 | -- | $301 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
Tax History Compared to Growth
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 | $7,720 | $390,880 | $51,000 | $339,880 |
| 2024 | $7,265 | $357,100 | -- | -- |
| 2023 | $7,265 | $295,130 | $0 | $0 |
| 2022 | $6,658 | $268,300 | $0 | $0 |
| 2021 | $6,110 | $243,910 | $0 | $0 |
| 2020 | $5,612 | $311,250 | $51,000 | $260,250 |
| 2019 | $5,311 | $300,930 | $51,000 | $249,930 |
| 2018 | $4,777 | $286,190 | $51,000 | $235,190 |
| 2017 | $4,391 | $166,610 | $0 | $0 |
| 2016 | $4,058 | $151,470 | $0 | $0 |
| 2015 | $3,748 | $137,700 | $0 | $0 |
| 2014 | $3,491 | $125,190 | $0 | $0 |
| 2013 | -- | $134,070 | $51,000 | $83,070 |
Source: Public Records
Agents Affiliated with this Home
-
Carlos Montoya
Seller's Agent in 2025
Carlos Montoya
Fidelity Real Estate Group LLC
(954) 345-9144
3 in this area
144 Total Sales
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10479035
APN: 48-43-07-12-1010
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