$985,000
SOLD MAY 8, 2024
-- Bed
-- Bath
2,397 Sq Ft
6,505 Sq Ft Lot

Recently Sold

$411 Per Sq Ft

6% Below List Price

52 Days on Market

Highlights

  • Cottage Room
  • Garden View
  • No HOA
  • Fort Lauderdale High School Rated A
  • Furnished
  • Porch

About This Home

As of May 2024

Welcome to this stunning corner triplex nestled in vibrant Lake Ridge. This property is not just a home; it's an investment opportunity waiting to be seized. The legal triplex comprises four units: three spacious 1-bedroom/1-bathroom units with kitchens and access to the back patio (including a detached cottage), and one efficiency studio. All units come fully furnished and equipped. Positioned in an "Airbnb dream" area, boasting an average 89% occupancy. Ideal for investors or someone who wishes to live in one unit while renting out the other three. Features include an enclosed garage, ample amenities, a detached laundry room, 7 parking spaces, and re-imagined landscaping. This is a strategic investment in one of Fort Lauderdale's most sought-after areas. Call today for a private showing.

Last Agent to Sell the Property

Daniel Uribe Meneses

Compass Florida, LLC. License #3502877 Listed on: 01/24/2024

Compass Florida, LLC.

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,080

Year Built

  • Built in 1959

Lot Details

  • 6,505 Sq Ft Lot
  • South Facing Home
  • Property is zoned RC-15

Parking

  • 1 Car Garage
  • Guest Parking
  • On-Street Parking
  • Open Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 2,397 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Garden Views
  • Dishwasher

Flooring

  • Concrete
  • Tile

Outdoor Features

  • Cottage Room
  • Porch

Schools

  • Bennett Elementary School
  • Sunrise Middle School
  • Fort Lauderdale High School

Utilities

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

Community Details

  • No Home Owners Association
  • Progresso Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494234029240

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,080

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: PROGRESSO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher
  • Interior Amenities: First Floor Entry, Cottage
  • Flooring: Concrete, Tile
  • Furnished: Furnished
  • Living Area: 2397
  • Possible Use: Investment
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Cottage

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: PROGRESSO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Guest, On Street

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Bennett
  • High School: Fort Lauderdale
  • Middle Or Junior School: Sunrise

Lot Info

  • Parcel Number: 494234029240
  • Lot Size Sq Ft: 6505
  • Zoning: RC-15
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 16080

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2025
Sold by
Eptw Holdings Llc
Bought by
Jaxlue Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Outstanding Balance
$840,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$253,099

Purchase Details

Listed on
Jan 24, 2024
Closed on
May 31, 2024
Sold by
Eugene Annelise
Bought by
1313 Ne 16Th Terrace Llc
Seller's Agent
Daniel Uribe Meneses
Compass Florida, LLC.
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$1,050,000
Sold Price
$985,000
Premium/Discount to List
-$65,000
-6.19%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$776,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2024
Closed on
May 8, 2024
Sold by
J & D Holdings 1605 Llc
Bought by
Eptw Holdings Llc
Seller's Agent
Daniel Uribe Meneses
Compass Florida, LLC.
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$1,050,000
Sold Price
$985,000
Premium/Discount to List
-$65,000
-6.19%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$776,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 30, 2021
Closed on
Jul 20, 2022
Sold by
Matthew Dennison
Bought by
J & D Holdings 1605 Llc
Seller's Agent
Violet Rose
Pellego, LLC
List Price
$899,000
Sold Price
$865,000
Premium/Discount to List
-$34,000
-3.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$510,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2017
Sold by
Polaris Gv Investmensts Llc
Bought by
Dennison Mathew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,773
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 2011
Sold by
Bartz Gerald R
Bought by
Polaris Gv Investments Llc

Purchase Details

Closed on
May 4, 1995
Sold by
Veterans Affairs
Bought by
Bartz Gerald R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 24, 1993
Sold by
Clerk Circuit Court
Bought by
Veteran Affairs
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 Type Sale Price Title Company
Warranty Deed $1,050,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $985,000 None Listed On Document
Warranty Deed $865,000 Giovanni Nicosia Pa
Warranty Deed $399,000 Attorney
Warranty Deed $160,000 Attorney
Deed $73,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $840,000 New Conventional
Previous Owner $776,000 New Conventional
Previous Owner $510,000 New Conventional
Previous Owner $413,000 New Conventional
Previous Owner $406,084 FHA
Previous Owner $391,773 FHA
Previous Owner $35,000 Unknown
Previous Owner $65,300 Commercial
Previous Owner $100,000 Credit Line Revolving
Previous Owner $71,000 New Conventional
Previous Owner $25,000 Credit Line Revolving
Previous Owner $72,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Pending -- -- --
04/23/2025 04/23/25 Price Changed $1,599,000 -4.5% $806 / Sq Ft
02/27/2025 02/27/25 For Sale $1,675,000 +70.1% $844 / Sq Ft
05/08/2024 05/08/24 Sold $985,000 -6.2% $411 / Sq Ft
03/16/2024 03/16/24 For Sale $1,050,000 +6.6% $438 / Sq Ft
01/24/2024 01/24/24 Off Market $985,000 -- --
07/15/2022 07/15/22 Sold $865,000 -3.8% $461 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
12/30/2021 12/30/21 For Sale $899,000 -- $479 / 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 $15,966 $890,910 $35,780 $855,130
2024 $16,080 $756,920 $52,040 $704,880
2023 $16,080 $756,920 $52,040 $704,880
2022 $11,286 $516,880 $52,040 $464,840
2021 $8,333 $398,840 $0 $0
2020 $8,001 $391,170 $0 $0
2019 $6,875 $360,680 $52,040 $308,640
2018 $4,867 $277,330 $52,040 $225,290
2017 $4,554 $179,700 $0 $0
2016 $4,259 $163,370 $0 $0
2015 $3,587 $148,520 $0 $0
2014 $3,446 $138,700 $0 $0
2013 -- $134,600 $52,040 $82,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11520265

MIAMI REALTORS® MLS

APN: 49-42-34-02-9240