NOT LISTED FOR SALE

1516 N Dixie Hwy Fort Lauderdale, FL 33304

Middle River Terrace Neighborhood

Estimated Value: $754,096 - $817,000

-- Bed
-- Bath
1,844 Sq Ft
$425/Sq Ft Est. Value

Last Sold April 23, 2024

Last sale price $801,000 $434 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,133/month

78 Days on Market

Highlights

  • Impact Glass
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Fort Lauderdale High School Rated A
  • Ceramic Tile Flooring

About This Home

As of April 2024

4-PLEX in an awesome location! 4 units with onsite laundry room, fully rented. Efficiency & studio are month to month, 2 bedroom is leased unit 5/31, & 1 bedroom is leased until December. This building has been meticulously maintained and well cared for by its local owner. New tile roof and impact windows and doors installed 2014. Spacious 1br. located in the front, studio next door, huge 2br/1ba fully renovated has a large private yard, efficiency has its own private outdoor courtyard space. Units have ceramic tile floors, granite countertops, window A/C units, & private entrances. Don't miss this deal! This property is a gem!

Last Agent to Sell the Property

Andrew Verdi

Coldwell Banker Realty License #572569 Listed on: 02/04/2024

Coldwell Banker Realty

Last Buyer's Agent

William Willis

Willis Wilson & Associates License #0609866

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,479

Year Built

  • Built in 1959

Lot Details

  • 6,447

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Spanish Tile Roof

Interior Spaces

  • 1,844 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Impact Glass

Utilities

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

Community Details

  • 4 Units
  • Lauderdale Park 6 33 1/2 Subdivision

Listing and Financial Details

  • Rent includes gardener, sewer, trash collection, water
  • Assessor Parcel Number 494235041150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,479

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Year Built: 1959
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1844.0
  • Window Features: Impact Glass

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Spanish Tile

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Not Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 494235041150
  • Zoning Description: RM-15

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10479.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2024
Closed on
Apr 23, 2024
Sold by
Johnson Robert
Bought by
1516 North Dixie Hwy Llc
Seller's Agent
Andrew Verdi
Coldwell Banker Realty
Buyer's Agent
William Willis
Willis Wilson & Associates
List Price
$799,900
Sold Price
$801,000
Premium/Discount to List
$1,100
0.14%
Views
137
Current Estimated Value
$783,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,726
Avg. Annual Appreciation
-2.37%
Original Mortgage
$520,650
Outstanding Balance
$513,813
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$262,056

Purchase Details

Listed on
Dec 5, 2013
Closed on
Apr 9, 2014
Sold by
Jgd Properties Llc
Bought by
Johnson Robert
Seller's Agent
Adrienne Foland
Balistreri Real Estate Inc
Buyer's Agent
Dennis Hill
Castelli Real Estate Services
List Price
$349,000
Sold Price
$279,000
Premium/Discount to List
-$70,000
-20.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.06%

Purchase Details

Closed on
Jul 30, 2010
Sold by
Berger Faye
Bought by
Jgd Properties Llc

Purchase Details

Closed on
Apr 13, 2005
Sold by
Vincik Richard
Bought by
Berger Mervyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,600
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 1999
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Nov 1, 1986
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
1516 North Dixie Hwy Llc $801,000 Members Title Services
Johnson Robert $279,000 Trident Title Llc
Jgd Properties Llc $104,000 Bailey Woodruff Title Co Inc
Berger Mervyn $282,000 --
Available Not $90,000 --
Available Not $60,714 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1516 North Dixie Hwy Llc $520,650
Previous Owner Berger Mervyn $225,600
Previous Owner Vincik Richard $117,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2024 04/23/24 Sold $801,000 +0.1% $434 / Sq Ft
02/04/2024 02/04/24 For Sale $799,900 +186.7% $434 / Sq Ft
04/09/2014 04/09/14 Sold $279,000 -20.1% $158 / Sq Ft
03/10/2014 03/10/14 Pending -- -- --
12/05/2013 12/05/13 For Sale $349,000 -- $198 / Sq Ft
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 $10,383 $732,560 $32,170 $700,390
2024 $10,479 $457,930 $38,600 $419,330
2023 $10,479 $458,240 $38,600 $419,640
2022 $9,708 $425,650 $0 $0
2021 $9,148 $386,960 $0 $0
2020 $8,327 $372,480 $38,600 $333,880
2019 $7,394 $350,400 $38,600 $311,800
2018 $6,685 $350,520 $38,600 $311,920
2017 $6,340 $264,310 $0 $0
2016 $5,692 $240,290 $0 $0
2015 $5,184 $218,450 $0 $0
2014 $3,304 $105,550 $0 $0
2013 -- $102,450 $38,600 $63,850
Source: Public Records

Agents Affiliated with this Home

  • Andrew Verdi

    Seller's Agent in 2024

    Andrew Verdi

    Coldwell Banker Realty

    (954) 245-5679

    2 in this area

    98 Total Sales

    Andrew Verdi
    Section Image
  • William Willis

    Buyer's Agent in 2024

    William Willis

    Willis Wilson & Associates

    (305) 335-5722

    1 in this area

    60 Total Sales

    William Willis
    Section Image
  • Adrienne Foland

    Seller's Agent in 2014

    Adrienne Foland

    Balistreri Real Estate Inc

    (954) 205-6594

    7 in this area

    114 Total Sales

    Adrienne Foland
    Section Image

  • D

    Buyer's Agent in 2014

    Dennis Hill

    Castelli Real Estate Services

  • D

    Buyer's Agent in 2014

    Dennis Hill

    Dennis Hill Homes RE Srvcs LLC

    (954) 770-2375

    1 Total Sale

    Dennis Hill
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10422138

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-35-04-1150

Florida Broward County Fort Lauderdale 33304 Middle River Terrace

1516 N Dixie Hwy, Fort Lauderdale, FL

This home is located at 1516 N Dixie Hwy, Fort Lauderdale, FL 33304 since 04 February 2024 and is currently estimated at $783,274, approximately $424 per square foot. This property was built in 1959. 1516 N Dixie Hwy is a home located in Broward County with nearby schools including North Side Elementary School, Sunrise Middle School, and Fort Lauderdale 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 (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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