NOT LISTED FOR SALE

1601 SW 44th Terrace Fort Lauderdale, FL 33317

Broadview Park Neighborhood
-- Bed
-- Bath
1,586 Sq Ft
6,534 Sq Ft Lot

Last Sold February 12, 2020

Last sale price $310,000 $195 Per Sq Ft

149 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Laundry Facilities
  • Patio
  • Central Heating and Cooling System
  • Fenced

About This Home

As of February 2020

Mostly renovated duplex in a hot area of Fort Lauderdale. 8% cap rate on current numbers, could go higher. Tenants in good standing and always pay on time. NEW metal roof. No issues with property. Clean deal. Each unit Section 8 rented annually for $1300. Cash flow easy with our private lender financing available for qualified buyers with 10% down and only $1329 per month. This is a no brainer. Great for an owner occupant or investor.

Last Agent to Sell the Property

Michael Marks

Keller Williams Eagle Realty License #3014133 Listed on: 09/11/2019

Keller Williams Eagle Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,417

Year Built

  • Built in 1974

Lot Details

  • 6,534

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,586 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Additional Features

  • Patio
  • Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $31,200
  • Assessor Parcel Number 504113060110

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Rock Hill Sec Condos
  • Rock Hill Sec,Rock Hill Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $3,417
  • Net Operating Income $27,783

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,417

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1974
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: ROCK HILL SEC,Rock Hill
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Possible Use: Primary
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ROCK HILL SEC
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 504113060110
  • Zoning: 08 Multi-Family
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Multi Family

  • Net Operating Income: 27783
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Operating Expense: 3417
  • Total Actual Rent: 31200

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3417

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2019
Closed on
Dec 20, 2019
Sold by
East Coast Real Estate Development Group
Bought by
Louis Kepler
Seller's Agent
Michael Marks
Keller Williams Eagle Realty
List Price
$329,000
Sold Price
$310,000
Premium/Discount to List
-$19,000
-5.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,385
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
May 29, 2019
Sold by
Lelapot Inc
Bought by
East Coast Real Estate Dev Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
4.1%
Mortgage Type
Balloon

Purchase Details

Closed on
May 10, 2012
Sold by
Ostrander George T and Ostrander Leah
Bought by
Lelapot Inc

Purchase Details

Closed on
Dec 14, 2000
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

Property History

Date Event Price Change Sq Ft Price
02/12/2020 02/12/20 Sold $310,000 -5.8% $195 / Sq Ft
09/11/2019 09/11/19 For Sale $329,000 -- $207 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Marks

    Seller's Agent in 2020

    Michael Marks

    Keller Williams Eagle Realty

    (305) 495-2633

    58 Total Sales

    Michael Marks
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10738171

MIAMI REALTORS® MLS

APN: 50-41-13-06-0110

Florida Broward County Fort Lauderdale 33317 Broadview Park

1601 SW 44th Terrace, Fort Lauderdale, FL

This home is located at 1601 SW 44th Terrace, Fort Lauderdale, FL 33317 since 11 September 2019. This property was built in 1974. 1601 SW 44th Terrace is a home located in Broward County with nearby schools including Meadowbrook Elementary School, New River Middle School, and South Plantation 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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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