NOT LISTED FOR SALE

Estimated Value: $622,487 - $713,000

4 Beds
3 Baths
1,982 Sq Ft
$333/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $620,000 $313 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,550/month

84 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Ceiling Fan
  • McNab Elementary School Rated A-

About This Home

As of May 2024

Welcome to a promising investment opportunity! This fully fenced triplex opens doors to a spectrum of real estate potential. The property beckons both investors and homeowners with three distinct units. Each unit features generously sized living rooms, bedrooms, and kitchens, complete with inviting "eat-in" areas—perfect for tenant allure. The 2-bedroom unit adds an extra perk with a private fenced yard. Whether you opt to reside in one while leasing the others or aim to maximize rental income, this triplex offers limitless potential. Its prime location ensures proximity to shopping, dining, the beach, and easy highway access, making it an attractive prospect for both residents and investors. Seize the opportunity to unlock the full value of this property & lucrative real estate venture!

Last Agent to Sell the Property

Ellen Taracido

Compass Florida, LLC License #3214913 Listed on: 02/06/2024

Compass Florida, LLC

Co-Listed By

Amanda Pathon

The Collection Realty LLC License #3190883

Last Buyer's Agent

Roxanne Hall

Fortune International Realty License #3410168

Fortune International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,039

Year Built

  • Built in 1972

Lot Details

  • 7,187

Parking

  • 8 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,982 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $48,000
  • Rent includes gardener, sewer, trash collection, water
  • Assessor Parcel Number 494202260140

Community Details

Overview

  • 3 Units
  • Westfield Sec B Resub Por Subdivision

Building Details

  • Net Operating Income $22,580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,039

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: FROM I95 - EXIT CYPRESS CREEK RD EAST (aka NE 62nd ST) – FOLLOW & MAKE LEFT ON S CYPRESS ROAD (aka NE 18TH AVE) – LEFT ON SW 15TH ST (aka MCNAB) - *151 SW 15th ST IS ON THE RIGHT
  • Year Built: 1972
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1982.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 494202260140
  • Zoning Description: RM-20

Multi Family

  • Property Net Operating Income: 22580.0
  • Number Of Units Total: 3
  • Total Actual Rent: 48000.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9039.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
May 1, 2024
Sold by
Mansford Properties Llc
Bought by
Singh Macharshdeep
Seller's Agent
Ellen Taracido
Compass Florida, LLC
Buyer's Agent
Roxanne Hall
Fortune International Realty
List Price
$650,000
Sold Price
$620,000
Premium/Discount to List
-$30,000
-4.62%
Total Days on Market
84
Views
30
Current Estimated Value
$660,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,122
Avg. Annual Appreciation
5.92%
Original Mortgage
$589,000
Outstanding Balance
$582,806
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$77,316

Purchase Details

Listed on
Dec 14, 2013
Closed on
Feb 21, 2014
Sold by
Genesis Re Holdings Llc
Bought by
Mansford Properties Llc
Seller's Agent
Severino Rodrigues
Severino Rodrigues, PA
Buyer's Agent
Ellen Taracido
Real Living Infinity Int'l
List Price
$279,000
Sold Price
$260,000
Premium/Discount to List
-$19,000
-6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$370,000
Interest Rate
4.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 10, 2013
Sold by
Bank Of Amer Na
Bought by
Genesis Re Holdings Llc

Purchase Details

Closed on
Aug 6, 2001
Sold by
Karl L Vanderlaan M and Jeanette Vanderlaan M
Bought by
Lazure Christophe

Purchase Details

Closed on
Nov 1, 1991
Sold by
Available Not
Bought by
Available Not
Source: Public Records

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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

Purchase History

Date Buyer Sale Price Title Company
Singh Macharshdeep $620,000 My Title Guy
Mansford Properties Llc $260,000 Attorney
Genesis Re Holdings Llc $154,100 None Available
Lazure Christophe -- --
Available Not $98,571 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Macharshdeep $589,000
Previous Owner Mansford Properties Llc $370,000
Previous Owner Lazure Christopher $40,000
Previous Owner Lazure Christopher $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $620,000 -4.6% $313 / Sq Ft
02/06/2024 02/06/24 For Sale $650,000 +150.0% $328 / Sq Ft
02/21/2014 02/21/14 Sold $260,000 +30488.2% $131 / Sq Ft
01/22/2014 01/22/14 Pending -- -- --
01/04/2014 01/04/14 Rented $850 0.0% --
12/14/2013 12/14/13 For Sale $279,000 0.0% $141 / Sq Ft
12/05/2013 12/05/13 Under Contract -- -- --
11/10/2013 11/10/13 For Rent $850 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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 $10,124 $560,280 $50,400 $509,880
2024 $9,039 $500,630 $50,400 $450,230
2023 $9,039 $381,780 $0 $0
2022 $8,011 $347,080 $0 $0
2021 $7,479 $315,530 $0 $0
2020 $6,570 $299,650 $50,400 $249,250
2019 $5,999 $260,780 $50,400 $210,380
2018 $6,038 $305,970 $50,400 $255,570
2017 $5,305 $227,900 $0 $0
2016 $4,788 $207,190 $0 $0
2015 $4,336 $188,360 $0 $0
2014 $2,977 $122,640 $0 $0
2013 -- $115,530 $50,400 $65,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10422185

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-02-26-0140