NOT LISTED FOR SALE

Estimated Value: $547,871 - $681,000

4 Beds
2 Baths
1,600 Sq Ft
$367/Sq Ft Est. Value

Last Sold December 11, 2024

Last sale price $650,000 $406 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $4,173/month

83 Days on Market

Highlights

  • No HOA
  • Porch
  • Patio
  • Balcony
  • Impact Glass
  • 4-minute walk to Cornerstone Park

About This Home

As of December 2024

Fantastic Find! Updated Duplex In The Heart Of Deerfield Beach. Renovated A few Years Ago, Featuring Hurricane Impact Windows, Doors, New Flooring & Newer Air Conditioners. Gorgeous Kitchens With Modern Cabinets, Quartz Countertops, & Stainless Steel Appliances. Each Unit Has 2 Bedrooms, 1 Bathroom, Washer, Dryer, Large Patio With A Private Fenced In Yard. Roof Replaced in 2018. The Property Is Currently Generating An Annual Gross Income Of $60,000 With A Potential Market Income Of $69,600. Expenses Include Lawn ($960) Water & Trash ($1,680) Flood Insurance ($1,090) Taxes ($8,321) Totaling $12,051. This Leaves A Potential Net Income Of $48k To $55k. Owner Has Another Building For Sale On The Same Street. Call Listing Agent For Details.

Last Agent to Sell the Property

Carlos Montoya

Fidelity Real Estate Group LLC License #0623048 Listed on: 09/11/2024

Last Buyer's Agent

Jessica Tomei

Castles By The Beach, Inc. License #3504186

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,321

Year Built

  • Built in 1969

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Impact Glass

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484307121070

Community Details

Overview

  • No Home Owners Association
  • Association fees include ground maintenance, sewer, trash, water
  • 22 Units
  • Fairlawn 1St Add 43 31 B Subdivision

Building Details

  • Operating Expense $12,000
  • Net Operating Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,321

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Year Built: 1969
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Vinyl
  • Living Area: 1600.0
  • Stories: 1
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio, Porch, Balcony
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Separate Meters
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: Maintenance Grounds, Sewer, Trash, Water

Lot Info

  • Parcel #: 484307121070
  • Lot Size: 7200
  • Mobile Dim Units: Feet
  • Zoning: RM-10

Multi Family

  • Property Net Operating Income: 48000.0
  • Number Of Units In Community: 22
  • Annual Operating Expense: 12000.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8321.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2022
Sold by
Simmons Karin I and Karin Simmons Revocable Trust
Bought by
B & J Cash Flow Investments 3 Llc
Current Estimated Value
$597,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,500
Outstanding Balance
$377,941
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$209,527

Purchase Details

Closed on
Dec 13, 2013
Sold by
Simmons Karin Irmagard
Bought by
Simmons Karin L and Karin Simmons Revocable Trust

Purchase Details

Closed on
Feb 17, 2000
Sold by
Phillips Randall L and Phillips Rebecca L
Bought by
Simmons Karin

Purchase Details

Closed on
Mar 1, 1984
Sold by
Available Not
Bought by
Available Not
Source: Public Records
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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
B & J Cash Flow Investments 3 Llc $400,000 None Listed On Document
Simmons Karin L -- Attorney
Simmons Karin $120,000 --
Available Not $57,536 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open B & J Cash Flow Investments 3 Llc $407,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Sold $650,000 -5.1% $406 / Sq Ft
09/10/2024 09/10/24 For Sale $685,000 -- $428 / 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
2026 $12,777 $587,390 $50,400 $536,990
2025 $8,492 $390,170 $50,400 $339,770
2024 $8,321 $380,000 $50,400 $329,600
2023 $8,321 $370,130 $50,400 $319,730
2022 $3,084 $134,420 $0 $0
2021 $2,842 $126,670 $0 $0
2020 $2,673 $198,740 $0 $0
2019 $2,601 $192,780 $0 $0
2018 $2,269 $175,600 $0 $0
2017 $2,136 $103,620 $0 $0
2016 $2,024 $98,780 $0 $0
2015 $1,925 $95,150 $0 $0
2014 $1,847 $91,750 $0 $0
2013 -- $126,430 $50,400 $76,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10459824

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-07-12-1070

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