RENTED AUG 31, 2025

1516 SW 5th Place Unit 1-4 Fort Lauderdale, FL 33312

Riverside Park Neighborhood

Estimated Value: $961,837 - $1,433,000

3 Beds
2 Baths
5,117 Sq Ft
$239/Sq Ft Est. Value

About This Home

As of August 2025

3-bedroom, 2-bathroom apartment in fourplex is located in a prime area of Riverside Park. The unit is quite spacious at 1200sqft of living space. Recently repainted and upgraded. Quiet area. Easy and quick approval

Last Agent to Rent the Property

Mikhael Lerer

Lerer Realty Of Florida License #3241581 Listed on: 05/07/2025

Last Renter's Agent

Treniece Finnie

Elite Realty Partners, Inc. License #3458439

Elite Realty Partners, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,595

Year Built

  • Built in 1969

Lot Details

  • 7,483 Sq Ft Lot

Home Design

  • 5,117 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Property Available on 5/7/25
  • Assessor Parcel Number 504209030013

Community Details

Overview

  • No Home Owners Association
  • Riverside No 2 Condos
  • Riverside No 2 Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,595

Year Built

Built in 1969

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2025-05-07

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1969
  • Property Sub Type: Multi Family
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Duplex/Tri/Quad-Annual, Multi Family
  • Subdivision Name: RIVERSIDE NO 2
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Furnished: Unfurnished
  • Living Area: 5117

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RIVERSIDE NO 2

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 504209030013
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7483
  • Zoning: RM-15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2016
Bought by
Apart Florida Llc
Current Estimated Value
$1,222,209

Purchase Details

Closed on
Feb 10, 2015
Sold by
Pnc Bank Na
Bought by
Pnc Bank Na

Purchase Details

Closed on
Sep 2, 2014
Sold by
Jrp Investment Group Llc
Bought by
Sinal Maxo

Purchase Details

Closed on
Sep 27, 2007
Sold by
Sinal Maxo
Bought by
Jrp Investment Group Llc

Purchase Details

Closed on
Jul 24, 2007
Sold by
Osorio Juan
Bought by
Sinal Maxo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
6.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 12, 2005
Sold by
Barber Jamie Ronald and Barber Robin Beth
Bought by
Osorio Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,600
Interest Rate
5.46%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 2004
Sold by
Garlo Dolores M
Bought by
Barber Jamie Ronald and Barber Robin Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 2000
Sold by
Miskin Martin
Bought by
Peterson Rudolph L

Purchase Details

Closed on
Nov 3, 2000
Sold by
Miskin Martin
Bought by
Kelaher Thomas M and Kelaher Martha J

Purchase Details

Closed on
Jul 19, 1999
Sold by
Global Property Management Inc
Bought by
Miskin Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
7.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 1997
Sold by
Rosen Myron and Rosen Maxine
Bought by
Global Property Management Inc
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
Apart Florida Llc $416,000 --
Pnc Bank Na $10,100 None Available
Sinal Maxo -- Title Experts Of South Flori
Jrp Investment Group Llc -- None Available
Sinal Maxo $565,000 Precise Title & Escrow Servi
Osorio Juan $540,000 --
Barber Jamie Ronald $380,000 The John Galt Title Company
Peterson Rudolph L $500 --
Kelaher Thomas M $177,500 --
Miskin Martin $61,800 --
Global Property Management Inc $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sinal Maxo $452,000
Previous Owner Osorio Juan $397,600
Previous Owner Barber Jamie Ronald $304,000
Previous Owner Global Property Management Inc $159,700
Previous Owner Global Property Management Inc $75,000
Previous Owner Global Property Management Inc $123,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2025 08/31/25 Rented $2,300 0.0% --
07/17/2025 07/17/25 Under Contract -- -- --
06/23/2025 06/23/25 Price Changed $2,300 -2.1% $0 / Sq Ft
05/07/2025 05/07/25 For Rent $2,350 -- --
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 $16,595 $777,810 -- --
2024 $14,544 $777,810 -- --
2023 $14,544 $642,820 $0 $0
2022 $12,858 $584,390 $0 $0
2021 $11,611 $531,270 $22,450 $508,820
2020 $11,326 $522,220 $22,450 $499,770
2019 $9,973 $469,690 $22,450 $447,240
2018 $10,104 $517,660 $22,450 $495,210
2017 $9,265 $446,040 $0 $0
2016 $8,571 $396,100 $0 $0
2015 $7,295 $326,130 $0 $0
2014 $5,082 $163,870 $0 $0
2013 -- $175,130 $22,500 $152,630
Source: Public Records

Agents Affiliated with this Home

  • Mikhael Lerer

    Landlord's Agent in 2025

    Mikhael Lerer

    Lerer Realty Of Florida

    (305) 728-9806

    13 Total Sales

    Mikhael Lerer
    Section Image
  • Treniece Finnie

    Tenant's Agent in 2025

    Treniece Finnie

    Elite Realty Partners, Inc.

    (954) 696-8327

    5 Total Sales

    Treniece Finnie
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11798469

MIAMI REALTORS® MLS

APN: 50-42-09-03-0013

Florida Broward County Fort Lauderdale 33312 Riverside Park

1516 SW 5th Place Unit 1-4, Fort Lauderdale, FL

Not Listed for Sale

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