$850,000
SOLD NOV 12, 2024
-- Bed
-- Bath
650 Sq Ft
1967 Built

Recently Sold

$1,308 Per Sq Ft

6% Below List Price

103 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • Wall Furnace
  • Terrazzo Flooring

About This Home

As of November 2024

This 4-plex is situated right off of the Golden Glades Interchange and is situated on a 12,000 sqft lot. The Golden Glades Corridor is under massive redevelopment and could be a great investment opportunity. This 4-plex is currently producing a 6% cap rate with the ability to increase the rent with a just little bit of value add. Could bring closer to a 7.5% cap rate. Don't miss out on this opportunity. Do Not Disturb Tenants

Last Agent to Sell the Property

Robert Ernst

SELLSTATE 360 REALTY License #3136131 Listed on: 08/01/2024

Last Buyer's Agent

Tina Hyde

Tina Hyde Miami Realty LLC License #3318599

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,384

Year Built

  • Built in 1967

Lot Details

  • Lot Dimensions are 89x 141

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 650 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds

Flooring

  • Terrazzo
  • Ceramic Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $76,800
  • Rent includes gardener, pest control, trash collection, water
  • Assessor Parcel Number 30-21-13-002-1480

Community Details

Overview

  • 2 Units
  • Biscayne Gdns Sec C Subdivision

Building Details

  • Net Operating Income $53,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,384

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Year Built: 1967
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Ceramic Tile, Terrazzo, Tile
  • Living Area: 650.0
  • Window Features: Blinds

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Pest Control, Trash Collection, Water
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 30-21-13-002-1480
  • Lot Size: 89X 141
  • Zoning Description: 1 /S FM

Multi Family

  • Property Net Operating Income: 53760.0
  • Number Of Units Total: 2
  • Total Actual Rent: 76800.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 17384.0

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 For Sale $1,250,000 +47.1% $392 / Sq Ft
11/12/2024 11/12/24 Sold $850,000 -5.6% $1,308 / Sq Ft
08/01/2024 08/01/24 For Sale $900,000 -- $1,385 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10454232

BeachesMLS (Greater Fort Lauderdale)