NOT LISTED FOR SALE

1516 SW 5th Place Fort Lauderdale, FL 33312

Riverside Park Neighborhood

Estimated Value: $974,548 - $1,580,000

12 Beds
8 Baths
5,038 Sq Ft
$253/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $416,000 $83 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $8,333/month

12 Days on Market

About This Home

As of March 2016

> THIS 4 PLEX IS AN INCREDIBLE 2 STORY CBS CONSTRUCTION W/ OVER 5,000 SQFT *CLOSE TO DOWNTOWN FT LAUDERDALE*FACING OCEAN ACCESS HOMES WALKING DISTANCE TO $1M HOMES*BUILDING EXTERIOR & INTERIOR F RESHLY PAINTED*NEW INTERIOR DOORS & BASEBOARDS*EACH UNIT IS SPACIOUS 1,250 SQFT 3 BED 2 BATH*TILED LIVING AREAS*SPLIT BEDROOM PLANS*CENTRAL A/C*PRIVATE LAUDRYROOM FOR EXTRA INCOME *needs some tlc*see broker remarks & attachment for additional information

Last Agent to Sell the Property

Brett Matthews

I Deal Real Estate Inc License #494633 Listed on: 02/12/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,295

Year Built

  • Built in 1969

Lot Details

  • 7,492

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 5,038 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 4 Units
  • Riverside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504209030013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,295

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: USE MAP TAB: East of I-95, West of Federal, North of Davie Blvd, South of Broward Blvd
  • Year Built: 1969
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: 5124
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 5038.0

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: None

Lot Info

  • Parcel #: 504209030013
  • Zoning Description: RM-15

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 7295.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2016
Closed on
Mar 1, 2016
Bought by
Apart Florida Llc
Seller's Agent
Brett Matthews
I Deal Real Estate Inc
List Price
$395,900
Sold Price
$416,000
Premium/Discount to List
$20,100
5.08%
Current Estimated Value
$1,275,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$859,637
Avg. Annual Appreciation
12.84%

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:

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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
Open Apart Florida Llc $780,000
Previous Owner Sinal Maxo $452,000
Previous Owner Sinal Maxo $56,450
Previous Owner Osorio Juan $397,600
Previous Owner Barber Jamie Ronald $304,000
Previous Owner Garlo Dolores M $296,100
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 Change Sq Ft Price
03/25/2016 03/25/16 Sold $416,000 +5.1% $83 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $395,900 -- $79 / 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 $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

  • Brett Matthews

    Seller's Agent in 2016

    Brett Matthews

    I Deal Real Estate Inc

    (954) 605-3325

    102 Total Sales

    Brett Matthews
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: H10032772

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-09-03-0013

Florida Broward County Fort Lauderdale 33312 Riverside Park

1516 SW 5th Place, Fort Lauderdale, FL

This home is located at 1516 SW 5th Place, Fort Lauderdale, FL 33312 since 12 February 2016 and is currently estimated at $1,275,637, approximately $253 per square foot. This property was built in 1969. 1516 SW 5th Place 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.

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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