NOT LISTED FOR SALE

148 Fleming Ave Greenacres, FL 33463

Estimated Value: $645,000 - $669,787

Studio
4 Baths
2,688 Sq Ft
$244/Sq Ft Est. Value

Last Sold August 01, 2014

Last sale price $275,000 $102 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $4,237/month

74 Days on Market

Highlights

  • 0.3 Acre Lot
  • Shed
  • Central Heating and Cooling System
  • No HOA
  • Tile Flooring

About This Home

As of August 2014

This Triplex is a dream property for any investor. All units are currently rented. The property currently grosses over $30,000 in rental income annually with annual net rental income over $20,000. The property is in great condition on both the exterior and interior. Very well maintained units with nice tile floors, and a washer/dryer in each unit. Easy access to both I-95 & Turnpike. All sizes and measurements are approximate.

Last Agent to Sell the Property

Adam Narkier

Berkshire Hathaway Florida Rea License #3201463 Listed on: 05/07/2014

Berkshire Hathaway Florida Rea

Last Buyer's Agent

Loodmy Jacques

KW Reserve Palm Beach License #3222697

KW Reserve Palm Beach

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,698

Year Built

  • Built in 1978

Lot Details

  • 0.3

Home Design

  • Triplex

Interior Spaces

  • 4 Bathrooms
  • 2,688 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Tile

Schools

  • Greenacres Elementary School
  • L. C. Swain Middle School
  • John I. Leonard High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Shed
  • 0.3 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 18424423010480040

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Greenacres 2 In Pb 13 Pgs 3 And 4 Subdivision

Building Details

  • Gross Income $30,600
  • Net Operating Income $20,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,698

Year Built

Built in 1978

Lot Details

0.3 Acres

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Fleming Road is located off of 10th Avenue N, East of Jog & West of Haverhill. Go South on Fleming Rd to the end of the street.
  • Year Built: 1978
  • Unit Levels: One
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Tile
  • Living Area: 2688.0

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Roof: Wood Trusses

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Schools

  • Elementary School: Greenacres
  • High School: John I. Leonard
  • Middle Or Junior School: L. C. Swain

Lot Info

  • Parcel #: 18424423010480040
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13068.0
  • Mobile Dim Units: Feet
  • Zoning: RESIDENTIAL LOW

Rental Info

  • Tenant Pays: Cable TV, Electricity, Water

Multi Family

  • Property Net Operating Income: 20900.0
  • Number Of Units In Community: 3
  • Annual Gross Income: 30600.0

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2697.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2014
Closed on
Aug 1, 2014
Sold by
Melendez Dalia C and Melendez Marilyn
Bought by
Ih Investors Llc
Seller's Agent
Adam Narkier
Berkshire Hathaway Florida Rea
Buyer's Agent
Loodmy Jacques
KW Reserve Palm Beach
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%
Current Estimated Value
$656,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,447
Avg. Annual Appreciation
7.76%
Original Mortgage
$206,250
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2003
Sold by
Mulet Segundo O and Mulet Marcia
Bought by
Melendez Dalia and Melendez Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 1998
Sold by
Grabski Rita J and Grabski Lawrence B And Colleen E
Bought by
Mulet Segundo O and Mulet Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,934
Interest Rate
7.03%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ih Investors Llc $275,000 First Intl Title Inc
Melendez Dalia $200,000 Universal Land Title Inc
Mulet Segundo O $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ih Investors Llc $206,250
Previous Owner Melendez Dalia $160,000
Previous Owner Mulet Segundo O $129,934
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2014 08/01/14 Sold $275,000 -6.8% $102 / Sq Ft
07/02/2014 07/02/14 Pending -- -- --
05/07/2014 05/07/14 For Sale $295,000 -- $110 / 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
2025 $9,406 $442,499 -- --
2024 $9,406 $402,272 -- --
2023 $8,699 $365,702 $232,397 $248,164
2022 $7,806 $332,456 $0 $0
2021 $7,155 $325,605 $146,262 $179,343
2020 $6,467 $275,462 $127,500 $147,962
2019 $6,055 $257,637 $86,250 $171,387
2018 $5,370 $247,940 $76,412 $171,528
2017 $4,513 $208,859 $61,130 $147,729
2016 $4,205 $187,663 $0 $0
2015 $4,318 $187,663 $0 $0
2014 $2,918 $123,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Adam Narkier

    Berkshire Hathaway Florida Rea

    (561) 818-9954

    9 Total Sales

    Adam Narkier
    Section Image
  • Loodmy Jacques

    Buyer's Agent in 2014

    Loodmy Jacques

    KW Reserve Palm Beach

    (561) 678-5584

    16 in this area

    271 Total Sales

    Loodmy Jacques
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10039118

BeachesMLS (Greater Fort Lauderdale)

APN: 18-42-44-23-01-048-0040

Florida Palm Beach County Greenacres 33463

148 Fleming Ave, Greenacres, FL

Not Listed for Sale

MultiFamily

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