$920,000
SOLD MAY 28, 2025
-- Bed
-- Bath
3,937 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$234 Per Sq Ft

3% Below List Price

61 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • 3-minute walk to Esterre Davis Wright Park

About This Home

As of May 2025

Attention savvy investors--this is your chance to secure a standout quadplex in one of Fort Lauderdale's hottest rental markets. Priced under its recent appraisal, this property offers immediate built-in equity and the potential for impressive cash flow. recently appraised at $1.1M. This multi-family asset offers four 2-bed/2-bath units in nice rental condition--with potential for modern upgrades to command higher rents. Current rents range from $2,300 to $2,900 per month, yielding an approximate 12.5% gross annual cap rate. Located minutes from beaches, dining, shopping, and entertainment. All liens have been cleared. Only the violations need to be assumed by the buyer. Schedule your showing today!

Last Agent to Sell the Property

Patrick Butler

Success Squad LLC License #474045 Listed on: 03/28/2025

Success Squad LLC

Last Buyer's Agent

Jenny Vega

United Realty Group Inc License #3605413

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,530

Year Built

  • Built in 1984

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,937 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 4 Units
  • Hibiscus Gardens Amended Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504221070030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,530

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1984
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 3937.0

Exterior Features

  • Exterior Features: None
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 504221070030
  • Lot Size: < 1/4 Acre
  • Zoning Description: B-2

Rental Info

  • Tenant Pays: Exterior Electric, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 16530.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2025
Closed on
May 27, 2025
Sold by
Amex Realty Llc
Bought by
1460 Marina Shores Llc
Seller's Agent
Patrick Butler
Success Squad LLC
Buyer's Agent
Jenny Vega
United Realty Group Inc
List Price
$949,999
Sold Price
$920,000
Premium/Discount to List
-$29,999
-3.16%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.03%
Original Mortgage
$910,000
Outstanding Balance
$762,561
Interest Rate
6.76%
Mortgage Type
Construction
Estimated Equity
$159,041

Purchase Details

Closed on
Mar 24, 2025
Sold by
1460 Sw 24Th Ct Land Trust and 23 Investments Llc
Bought by
Amex Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2025
Sold by
Paul Quaniecce L Pierre and Rolle Shirley Ann
Bought by
1460 Sw 24Th Ct Land Trust and 23 Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2007
Sold by
Paul Smith Pierre
Bought by
Brown Wilfred A

Purchase Details

Closed on
Aug 8, 2005
Sold by
Gutschick James A and Tonello Federico E
Bought by
Pierre Paul Smith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,000
Interest Rate
9.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 22, 2001
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Feb 7, 2001
Sold by
Household Finance Corp Iii
Bought by
Bartos Bruce L and Bartos Jean S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 7, 2000
Sold by
Clerk Of The Court
Bought by
Household Finance Corp Iii

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 14, 1998
Sold by
Thomas Terry
Bought by
Vega Nelcy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.97%
Mortgage Type
Commercial

Purchase Details

Closed on
May 29, 1998
Sold by
Seager Gregory D and Seager Candi D
Bought by
Thomas Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,520
Interest Rate
7.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 1997
Sold by
Tate Faye H
Bought by
Seager Gregory D and Seager Candi D
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 Type Sale Price Title Company
Warranty Deed $920,000 J & G Title Llc
Warranty Deed $850,000 None Listed On Document
Warranty Deed $750,000 None Listed On Document
Quit Claim Deed -- Madison Title & Escrow Llc
Warranty Deed $508,000 Mondesir & Alexis Title Serv
Warranty Deed $283,000 --
Deed -- --
Deed $1,000 --
Warranty Deed $220,000 --
Warranty Deed $210,000 --
Warranty Deed $185,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $910,000 Construction
Previous Owner $40,000 New Conventional
Previous Owner $825,000 Construction
Previous Owner $120,000 Commercial
Previous Owner $486,000 Commercial
Previous Owner $381,000 Commercial
Previous Owner $231,000 Commercial
Previous Owner $144,000 Commercial
Previous Owner $198,000 Commercial
Previous Owner $42,520 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 For Rent $2,700 0.0% --
05/28/2025 05/28/25 Sold $920,000 -3.2% $234 / Sq Ft
03/28/2025 03/28/25 For Sale $949,999 -- $241 / Sq Ft
Source: BeachesMLS

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 $16,530 $857,360 $118,170 $739,190
2024 $11,636 $783,610 $23,630 $759,980
2023 $11,636 $521,960 $0 $0
2022 $10,338 $481,080 $0 $0
2021 $9,506 $484,420 $0 $0
2020 $8,886 $455,150 $0 $0
2019 $7,948 $439,480 $0 $0
2018 $7,197 $434,010 $0 $0
2017 $6,671 $327,040 $0 $0
2016 $6,286 $303,860 $0 $0
2015 $5,723 $283,530 $0 $0
2014 $5,380 $264,950 $0 $0
2013 -- $243,710 $23,630 $220,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11076267

BeachesMLS

APN: 50-42-21-07-0030