NOT LISTED FOR SALE

Estimated Value: $1,934,000 - $3,099,738

3 Beds
2 Baths
1,949 Sq Ft
$1,185/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $830,000 $426 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $12,547/month

274 Days on Market

Highlights

  • 125 Feet of Waterfront
  • River View
  • Wood Flooring
  • Private Pool
  • Canal Access
  • Sun or Florida Room

About This Home

As of October 2020

ONCE-IN-A-LIFETIME WATERFRONT OPPORTUNITY! This cleared and vacant deep-water lot is truly a rare find—perfectly designed for serious yachting enthusiasts or anyone seeking a premier luxury development site. Featuring a brand-new 124' reinforced and elevated concrete seawall plus a state-of-the-art composite dock, this property provides exceptional durability, stability, and effortless mooring for large vessels. Enjoy unrestricted ocean access, no fixed bridges, and the protection of a hurricane-safe harbor, offering both convenience and peace of mind. A major highlight: the buyer receives fully approved architectural plans to build a stunning 5,802 sq/ft modern luxury home, eliminating delays and allowing construction to begin immediately. Whether envisioned as a personal waterfront estate or a high-end investment property, this site delivers unmatched potential. Waterfront land capable of accommodating large yachts or multiple vessels are extremely limited and increasingly valuable. With high demand for deep-water access, virtually no comparable vacant parcels, and a motivated seller, this offering is truly irreplaceable. This is more than just a piece of land—it's a gateway to world-class boating, luxury living, and a smart long-term investment.

Last Agent to Sell the Property

Andrew Gerstman

Fosters Realty License #3047846 Listed on: 12/04/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,331

Year Built

  • Built in 1958

Lot Details

  • 9,934 Sq Ft Lot
  • 125 Feet of Waterfront
  • Waterfront Tip Lot

Parking

  • 2 Car Attached Garage

Property Views

  • River
  • Canal

Interior Spaces

  • 1,949 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • High Ceiling
  • Entrance Foyer
  • Formal Dining Room
  • Sun or Florida Room
  • Impact Glass

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • No Fixed Bridges
  • Canal Access

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Gill Isles Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504209270190

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,331

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: BROWARD BLVD EAST TO SW 18. GO RT. GO LEFT ON SW 4TH CT. ALL THE WAY DOWN IN CUL DE SAC
  • Year Built: 1958
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, High Ceilings, Living/Dining Room, Split Bedrooms, Separate Shower
  • Furnished: Partially
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Hardwood, Terrazzo, Wood
  • Living Area: 1949.0
  • Dining Room Type: Laundry, Dining Room, Florida Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • View: Canal, River
  • Road Frontage Type: Waterfront
  • Lot Features: < 1/4 Acre
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, No Fixed Bridges, Point Lot
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces

Utilities

  • Laundry Features: In Garage
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 504209270190
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 9934.0
  • Zoning Description: RES

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7331.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2019
Closed on
Oct 5, 2020
Sold by
Mcfarland Michael T
Bought by
Izurieta Luis Fabian Vega and Vega Alyssa C
Seller's Agent
Andrew Gerstman
Fosters Realty
List Price
$999,448
Sold Price
$830,000
Premium/Discount to List
-$169,448
-16.95%
Current Estimated Value
$2,308,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,478,935
Avg. Annual Appreciation
22.07%
Original Mortgage
$498,000
Outstanding Balance
$442,944
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,865,991

Purchase Details

Closed on
Sep 13, 2002
Sold by
Moyes Jacqueline D
Bought by
Mcfarland Michael T

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
6.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 30, 1999
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Aug 16, 1994
Sold by
Moyes Lisa D and Moyes George Stewart
Bought by
Moyes Andrew S
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
Izurieta Luis Fabian Vega $830,000 Attorney
Mcfarland Michael T $400,000 --
Available Not $10,000 --
Moyes Andrew S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Izurieta Luis Fabian Vega $498,000
Previous Owner Mcfarland Michael T $72,000
Previous Owner Mcfarland Michael T $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2025 09/26/25 Price Changed $1,950,000 -13.3% --
08/08/2025 08/08/25 For Sale $2,250,000 +171.1% --
10/05/2020 10/05/20 Sold $830,000 -17.0% $426 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
12/05/2019 12/05/19 For Sale $999,448 -- $513 / 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 $4,675 $496,710 $496,700 $10
2024 $4,565 $496,710 $496,700 $10
2023 $4,565 $276,270 $0 $0
2022 $4,325 $268,230 $268,220 $10
2021 $13,659 $747,000 $268,220 $478,780
2020 $7,711 $428,260 $0 $0
2019 $7,331 $418,640 $0 $0
2018 $6,967 $410,840 $0 $0
2017 $6,930 $402,390 $0 $0
2016 $6,985 $394,120 $0 $0
2015 $7,101 $391,390 $0 $0
2014 $7,169 $388,290 $0 $0
2013 -- $382,560 $248,350 $134,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10583248

BeachesMLS

APN: 50-42-09-27-0190