NOT LISTED FOR SALE

1505 SW 22nd St Unit A-B Fort Lauderdale, FL 33315

River Oaks Neighborhood

Estimated Value: $533,310 - $718,000

-- Bed
-- Bath
1,763 Sq Ft
$366/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $600,000 $340 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,532/month

26 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring

About This Home

As of June 2023

Duplex in Fort Lauderdale, located just minutes from I-95, Marina, Ft Lauderdale Airport, and beaches. Each unit offers 2 bed/1 bath, with the potential to convert it to a 2/2, private back-yard and laundry room. Ample parking, a 2015 roof, well-maintained AC, and IMPACT windows.Private Patio with a deck perfect for gatherings, picnic area, space for a Jacuzzi. The outside area offers versatility, the space can be modified to park an RV and generate extra income through rentals.
With updated duplexes selling at higher prices, this gem holds excellent equity potential. The units are currently rented below market value. Unit B, lease expires 6/30, allowing the buyer to increase rent. It can also operate as Airbnb or seasonal rentals for a significantly higher return on investment.

Last Agent to Sell the Property

Juan Molina

Eagle Realty of South Florida License #3553950 Listed on: 05/24/2023

Last Buyer's Agent

Richard Barthelemy

El Aleph Realty Corporation License #3457767

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,806

Year Built

  • Built in 1968

Lot Details

  • 6,403

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,763 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Marilynn Gardens Condos
  • Marilynn Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504216360170

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,806

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1968
  • Property Sub Type: Duplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: MARILYNN GARDENS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1763
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MARILYNN GARDENS
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 504216360170
  • Zoning: RD-15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5806

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2023
Closed on
Jun 20, 2023
Sold by
Boisvert Richard P
Bought by
1505 Sw 22Nd Llc
Seller's Agent
Juan Molina
Eagle Realty of South Florida
Buyer's Agent
Richard Barthelemy
El Aleph Realty Corporation
List Price
$599,000
Sold Price
$600,000
Premium/Discount to List
$1,000
0.17%
Views
4
Current Estimated Value
$652,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,521
Avg. Annual Appreciation
4.39%
Original Mortgage
$420,000
Outstanding Balance
$410,972
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving
Estimated Equity
$246,574

Purchase Details

Closed on
Jul 9, 1999
Sold by
Waite Bruce F and Waite Eileen
Bought by
Boisvert Richard P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 1998
Sold by
Waite Bruce F and Waite Eileen
Bought by
Waite Bruce F and Waite Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 1997
Sold by
Frisbee Eileen K
Bought by
Weitz Bruce F

Purchase Details

Closed on
Aug 8, 1996
Sold by
Available Not
Bought by
Available Not
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
1505 Sw 22Nd Llc $600,000 Nu World Title
Boisvert Richard P $115,000 --
Waite Bruce F $100 --
Weitz Bruce F $100 --
Available Not $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1505 Sw 22Nd Llc $110,400
Open 1505 Sw 22Nd Llc $420,000
Previous Owner Boisvert Richard P $89,500
Previous Owner Weitz Bruce F $92,000
Previous Owner Weitz Bruce F $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $600,000 +0.2% $340 / Sq Ft
05/24/2023 05/24/23 For Sale $599,000 -- $340 / 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 $11,150 $585,110 $32,100 $499,820
2024 $6,784 $531,920 $32,100 $499,820
2023 $6,784 $237,400 $0 $0
2022 $5,806 $215,820 $0 $0
2021 $5,967 $196,200 $0 $0
2020 $5,290 $313,370 $32,100 $281,270
2019 $4,378 $272,300 $32,100 $240,200
2018 $3,729 $231,930 $32,100 $199,830
2017 $3,445 $134,020 $0 $0
2016 $3,066 $121,840 $0 $0
2015 $2,774 $110,770 $0 $0
2014 $2,591 $100,700 $0 $0
2013 -- $99,390 $32,100 $67,290
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Juan Molina

    Eagle Realty of South Florida

    (305) 799-3409

    1 in this area

    14 Total Sales

    Section Image

  • R

    Buyer's Agent in 2023

    Richard Barthelemy

    El Aleph Realty Corporation

    (305) 827-9200

    1 in this area

    18 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11392630

MIAMI REALTORS® MLS

APN: 50-42-16-36-0170

Florida Broward County Fort Lauderdale 33315 River Oaks

1505 SW 22nd St Unit A-B, Fort Lauderdale, FL

This home is located at 1505 SW 22nd St Unit A-B, Fort Lauderdale, FL 33315 since 24 May 2023 and is currently estimated at $644,578, approximately $365 per square foot. This property was built in 1968. 1505 SW 22nd St Unit A-B 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.

MIAMI REALTORS® MLS 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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