NOT LISTED FOR SALE

1521 NE 26th Ave Fort Lauderdale, FL 33304

Coral Ridge Neighborhood

Estimated Value: $1,082,000 - $1,446,000

0.27 Acre
$4,814,659 Price per Acre
11,761 Sq Ft Lot

Last Sold July 15, 2024

Last sale price $1,425,000 $464 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $8,721/month

3 Days on Market

About This Lot

As of July 2024

Exceptional luxury redevelopment site cleared and ready to go in Old Coral Ridge, East Fort Lauderdale. This rare opportunity offers a prime location, zoned for 4 townhomes and complete with plans for 3 expansive, high-end townhomes or 2 single family homes plans. Seize the demand for upscale housing in Fort Lauderdale, capitalizing on the current market trends. Just minutes away from premier shopping and a short walk to the pristine beaches. Situated within the top-rated Bayview School District, enhancing the allure for families. Unlock the potential of this premium property and craft a sophisticated living experience in a coveted community. Walk to the Beach and Birch State Park, Downtown, the Airport tons of grocery stores and all that Fort Lauderdale has to offer!

Last Agent to Sell the Property

Chip Falkanger

Compass Florida, LLC License #669008 Listed on: 05/18/2024

Compass Florida, LLC

Last Buyer's Agent

Gevorg Shahbazyan

One Way Realty Group, LLC License #3399273

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,742

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 100x120
  • East Facing Home
  • Site Plan Filed
  • Property is zoned RM-15

Additional Features

  • City Lot
  • Cable TV Available

Community Details

  • Coral Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494236020680

Property Details

Property Type

Land

Est. Annual Taxes

$9,742

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Residential
  • Property Sub Type Additional: Residential
  • Directions: Bayview Drive North of Sunrise Boulevard. Turn Left on NE 16th Street then Left on NE 26th Ave. Triplex/Home on the right
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: City Lot, 1/4 to 1/2 Acre Lot
  • Waterfront: No
  • Direction Faces: East

Utilities

  • Sewer: Not Connected (at lot), Public Sewer
  • Utilities: Cable Available, Electricity Available, Water Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Schools

Lot Info

  • Parcel #: 494236020680
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.27
  • Lot Size: 100x120
  • Lot Size Sq Ft: 11821.0
  • Number Of Lots: 1
  • Zoning Description: RM-15
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9742.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2024
Closed on
Jul 15, 2024
Sold by
Rubicon Investments Llc
Bought by
Cabeza Oscar and Shahbazyan Gevorg
Seller's Agent
Chip Falkanger
Compass Florida, LLC
Buyer's Agent
Gevorg Shahbazyan
One Way Realty Group, LLC
List Price
$1,525,000
Sold Price
$1,425,000
Premium/Discount to List
-$100,000
-6.56%
Views
5
Current Estimated Value
$1,299,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$125,042
Avg. Annual Appreciation
-6.92%

Purchase Details

Listed on
Mar 20, 2023
Closed on
May 26, 2023
Sold by
Fry Martha Curtiss and Bell Amy Trate
Bought by
Rubicon Investments Llc
Seller's Agent
Kathy Guerke
Intercoastal Realty Inc
Buyer's Agent
Chip Falkanger
Compass Florida, LLC
List Price
$1,295,000
Sold Price
$1,290,000
Premium/Discount to List
-$5,000
-0.39%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Original Mortgage
$903,000
Interest Rate
6.27%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 9, 2020
Sold by
Fry Martha C and Martha C Trate Trust
Bought by
Trate Robert J

Purchase Details

Closed on
Jan 1, 1993
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
Cabeza Oscar $1,425,000 Amerititle
Rubicon Investments Llc $1,290,000 None Listed On Document
Trate Robert J -- Attorney
Trate Robert J -- Accommodation
Available Not $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rubicon Investments Llc $903,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2024 07/15/24 Sold $1,425,000 -6.6% $464 / Sq Ft
06/20/2024 06/20/24 For Sale $1,525,000 0.0% $497 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/18/2024 05/18/24 For Sale $1,525,000 +18.2% $497 / Sq Ft
05/26/2023 05/26/23 Sold $1,290,000 -0.4% $420 / Sq Ft View Prior Sale
05/01/2023 05/01/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $1,295,000 -- $422 / 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 $23,007 $413,770 $413,770 --
2024 $9,742 $236,420 $236,420 $750,630
2023 $9,742 $351,020 $0 $0
2022 $8,846 $330,150 $0 $0
2021 $8,003 $310,850 $0 $0
2020 $7,526 $472,640 $0 $0
2019 $6,244 $408,710 $0 $0
2018 $5,978 $441,620 $0 $0
2017 $5,644 $253,320 $0 $0
2016 $5,365 $241,270 $0 $0
2015 $4,965 $232,160 $0 $0
2014 $4,763 $223,650 $0 $0
2013 -- $336,140 $236,420 $99,720
Source: Public Records

Agents Affiliated with this Home

  • Chip Falkanger

    Seller's Agent in 2024

    Chip Falkanger

    Compass Florida, LLC

    (561) 702-0691

    7 in this area

    66 Total Sales

    Chip Falkanger
    Section Image
  • Gevorg Shahbazyan

    Buyer's Agent in 2024

    Gevorg Shahbazyan

    One Way Realty Group, LLC

    (305) 915-7737

    5 in this area

    30 Total Sales

    Gevorg Shahbazyan
    Section Image
  • Kathy Guerke

    Seller's Agent in 2023

    Kathy Guerke

    Intercoastal Realty Inc

    (954) 494-7801

    12 in this area

    34 Total Sales

    Kathy Guerke
    Section Image

  • A

    Seller Co-Listing Agent in 2023

    Andreas Guerke

    Intercoastal Realty Inc

    (954) 439-0014

    8 in this area

    15 Total Sales

    Andreas Guerke
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10441525

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-36-02-0680

Florida Broward County Fort Lauderdale 33304 Coral Ridge

1521 NE 26th Ave, Fort Lauderdale, FL

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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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