NOT LISTED FOR SALE

1501 SW 24th St Fort Lauderdale, FL 33315

River Oaks Neighborhood

Estimated Value: $814,000 - $1,159,000

-- Bed
-- Bath
2,100 Sq Ft
$498/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $1,150,000 $548 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $6,829/month

44 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • Wall Furnace
  • Tile Flooring
  • Fenced
  • 1-minute walk to Esterre Davis Wright Park

About This Home

As of April 2024

Attention Business for Sale! Rare opportunity to own a remodeled 4Plex/Turn Key Short/Mid Term Rental Business. Each unit 1/1 plus den with Private Large Backyard. 4 units have same lay out. Roof/Gutters/Fence/Artificial Turf/Water Heaters/7 Security Cameras 2023. Each unit fully remodeled and stylishly furnished 1 bedroom apartment with an additional den. Thoughtfully designed interior with tasteful furnishings and cozy decor, Queen Bed with comfortable high quality mattress and soft linens, Samsung 50 Inch Smart TV with high speed WIFI, Fully equipped kitchen necessary appliances and cook ware, Back Room with Office desk and comfortable chair, Twin Sofa Bed for additional sleeping space. 8 Parking spaces. Yale Smart Locks. Monthly income $9,800 +. Note: over $160,000 spent on reno.

Last Agent to Sell the Property

Edward Barr

Axis Realty Advisors, INC License #3438573 Listed on: 01/19/2024

Last Buyer's Agent

Olivia Bonacorso

Compass Florida LLC License #3528712

Compass Florida LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,668

Year Built

  • Built in 1951

Lot Details

  • Fenced

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 504216010230

Community Details

Overview

  • 4 Units
  • River Oaks Subdivision

Building Details

  • Operating Expense $21,600
  • Net Operating Income $117,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,668

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1951
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2100.0
  • Window Features: Blinds, Drapes

Exterior Features

  • Exterior Features: Fence
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Tar/Gravel

Utilities

  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 504216010230
  • Lot Size: West of US-1
  • Zoning Description: RD-15

Multi Family

  • Property Net Operating Income: 117600.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 21600.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11668.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Apr 10, 2024
Sold by
Edward Barr Llc
Bought by
Pangia Joseph J and Pangia Aileen C
Seller's Agent
Edward Barr
Axis Realty Advisors, INC
Buyer's Agent
Olivia Bonacorso
Compass Florida LLC
List Price
$1,180,000
Sold Price
$1,150,000
Premium/Discount to List
-$30,000
-2.54%
Views
62
Current Estimated Value
$1,046,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$103,937
Avg. Annual Appreciation
-6.87%

Purchase Details

Listed on
Mar 3, 2022
Closed on
Sep 16, 2022
Sold by
Williams Stuber Evan
Bought by
Edward Barr Llc
Seller's Agent
Alex Tiburzi
Komplete Realty LLC
Buyer's Agent
Edward Barr
Axis Realty Advisors, INC
List Price
$749,999
Sold Price
$730,000
Premium/Discount to List
-$19,999
-2.67%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.07%
Original Mortgage
$420,000
Interest Rate
5.13%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 20, 2016
Sold by
Right Angle Llc
Bought by
Stuber Evan Williams

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,091
Interest Rate
3.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 2014
Sold by
Hsbc Bank Usa National Association
Bought by
Homefree Usa Inc

Purchase Details

Closed on
Apr 15, 2014
Sold by
Mercer Scott C and Vonmarbod Gracia
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Nov 8, 2006
Sold by
Mercer Scott C
Bought by
Mercer Scott C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 5, 2004
Sold by
Mercer Scott C
Bought by
Mercer Scott C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 14, 2001
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Dec 26, 2000
Sold by
Sandler Gary
Bought by
Mercer Scott

Purchase Details

Closed on
Jan 3, 2000
Sold by
Morrison Janet A
Bought by
Kendall Rachel

Purchase Details

Closed on
Apr 19, 1999
Sold by
Jordan Jarrett T and Jordan Karel Mari
Bought by
Sandler Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 1997
Sold by
Jordan Jarrett T and Jordan Karel-Mari K
Bought by
Morrison Janet A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,906
Interest Rate
7.31%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Pangia Joseph J $1,150,000 Firm Title
Edward Barr Llc $730,000 Lead Title Llc
Stuber Evan Williams $445,000 Sunbelt Title Agency
Homefree Usa Inc $217,300 Independence Title Inc
Hsbc Bank Usa National Association $141,600 None Available
Mercer Scott C -- None Available
Mercer Scott C -- Sunbelt Title Agency
Available Not $10,000 --
Mercer Scott $150,000 --
Kendall Rachel $103,000 --
Sandler Gary $140,000 --
Morrison Janet A $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edward Barr Llc $420,000
Previous Owner Stuber Evan Williams $429,091
Previous Owner Mercer Scott C $56,000
Previous Owner Mercer Scott C $257,000
Previous Owner Mercer Scott C $220,000
Previous Owner Mercer Scott C $150,000
Previous Owner Mercer Scott C $80,000
Previous Owner Morrison Janet A $126,000
Previous Owner Morrison Janet A $88,906
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $1,150,000 -2.5% $548 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $1,180,000 +61.6% $562 / Sq Ft
09/23/2022 09/23/22 Sold $730,000 -2.7% $348 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $749,999 -- $357 / 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 $13,224 $744,090 $123,840 $620,250
2024 $12,154 $621,850 $41,280 $580,570
2023 $12,154 $541,700 $41,280 $500,420
2022 $10,143 $422,190 $0 $0
2021 $9,324 $383,810 $0 $0
2020 $8,337 $364,610 $41,280 $323,330
2019 $7,139 $317,200 $41,280 $275,920
2018 $7,369 $401,260 $0 $0
2017 $6,903 $359,370 $0 $0
2016 $5,587 $198,130 $0 $0
2015 $4,432 $180,120 $0 $0
2014 $3,819 $136,980 $0 $0
2013 -- $135,960 $41,280 $94,680
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Edward Barr

    Axis Realty Advisors, INC

    (561) 405-0773

    2 in this area

    7 Total Sales

    Section Image

  • O

    Buyer's Agent in 2024

    Olivia Bonacorso

    Compass Florida LLC

    (888) 883-8509

    1 in this area

    6 Total Sales

    Section Image
  • Alex Tiburzi

    Seller's Agent in 2022

    Alex Tiburzi

    Komplete Realty LLC

    (954) 303-3897

    1 in this area

    11 Total Sales

    Section Image
  • Chris Kennedy

    Seller Co-Listing Agent in 2022

    Chris Kennedy

    Mayfair Real Estate LLC

    (954) 260-2923

    1 in this area

    18 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10951782

BeachesMLS

APN: 50-42-16-01-0230

Florida Broward County Fort Lauderdale 33315 River Oaks

1501 SW 24th St, Fort Lauderdale, FL

This home is located at 1501 SW 24th St, Fort Lauderdale, FL 33315 since 19 January 2024 and is currently estimated at $1,046,063, approximately $498 per square foot. This property was built in 1951. 1501 SW 24th St is a home located in Broward County with nearby schools including Croissant Park Elementary School, New River Middle School, and Stranahan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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