$1,337,500
SOLD OCT 25, 2024
0.17 Acre
$8,057,229 Price per Acre
7,250 Sq Ft Lot

Recently Sold

$834 Per Sq Ft

21% Below List Price

211 Days on Market

About This Lot

As of October 2024

Prime opportunity to build your dream home in the prestigious Colee Hammock neighborhood of Fort Lauderdale. Imagine the possibilities on this spacious lot nestled among some of the most beautiful homes in Las Olas; just moments away from Las Olas Boulevard's dining, shopping, and entertainment. Facing South, the lot is approx. 50FT wide x 145FT deep zoned RS-8 for a single family home; low-medium density. A paved private alley in the back offers opportunity for an additional or more exclusive welcome home and more space in-between the residence behind you. Location is key just two blocks east of Las Olas Blvd. and just before the start of Las Olas Isles.

Last Agent to Sell the Property

Erika Axani

Florida Luxurious Properties License #3251221 Listed on: 03/14/2024

Last Buyer's Agent

Jacquelyn Scott

RE/MAX FIRST License #0657910

RE/MAX FIRST

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,601

Lot Details

  • 7,250 Sq Ft Lot
  • South Facing Home
  • Property is zoned RS-8

Community Details

  • Colee Hammock 1 17 B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504211013350

Property Details

Property Type

Land

Est. Annual Taxes

$7,601

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Residential
  • Property Sub Type Additional: Residential
  • Directions: Las Olas Blvd. east to SE 16th Ave and head east to SE 4th Street. Make a left and the vacant lot is fenced immediately on the left.
  • Special Features: VirtualTour

Exterior Features

  • Waterfront: No
  • Direction Faces: South

Lot Info

  • Parcel #: 504211013350
  • Development Status: Raw Land
  • Lot Size Acres: 0.166
  • Lot Size: 7250
  • Lot Size Sq Ft: 7250.0
  • Number Of Lots: 1
  • Zoning Description: RS-8
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7601.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Oct 24, 2024
Sold by
Kerney Patrick J and Kerney Karin
Bought by
Ch 1609 Se 4Th St Llc
Seller's Agent
Erika Axani
Florida Luxurious Properties
Buyer's Agent
Jacquelyn Scott
RE/MAX FIRST
List Price
$1,695,000
Sold Price
$1,337,500
Premium/Discount to List
-$357,500
-21.09%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
292.26%
Original Mortgage
$2,541,000
Outstanding Balance
$2,518,633
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$1,365,367

Purchase Details

Listed on
Mar 20, 2014
Closed on
Jun 13, 2014
Sold by
Rasmussen Bryden Dorsey
Bought by
Kerney Patrick J and Kerney Karin
Seller's Agent
Elizabeth Buiani
MMLS Assoc.-Inactive Member
Buyer's Agent
Elizabeth Buiani
Berkshire Hathaway FL Realty
List Price
$590,000
Sold Price
$560,000
Premium/Discount to List
-$30,000
-5.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%

Purchase Details

Listed on
Mar 20, 2014
Closed on
Jun 5, 2014
Sold by
Moxon George
Bought by
Kerney Patrick J and Kerney Karin
Seller's Agent
Elizabeth Buiani
MMLS Assoc.-Inactive Member
Buyer's Agent
Elizabeth Buiani
Berkshire Hathaway FL Realty
List Price
$590,000
Sold Price
$560,000
Premium/Discount to List
-$30,000
-5.08%
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 Type Sale Price Title Company
Warranty Deed $1,337,500 Southeast Florida Lawyers Titl
Quit Claim Deed -- Attorney
Personal Reps Deed $560,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,541,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 For Sale $4,749,000 +255.1% $1,034 / Sq Ft
10/25/2024 10/25/24 Sold $1,337,500 -7.8% $834 / Sq Ft
10/12/2024 10/12/24 Pending -- -- --
09/10/2024 09/10/24 Price Changed $1,450,000 -9.1% $905 / Sq Ft
06/22/2024 06/22/24 Price Changed $1,595,000 -5.9% $995 / Sq Ft
03/14/2024 03/14/24 For Sale $1,695,000 +202.7% $1,057 / Sq Ft
06/16/2014 06/16/14 Sold $560,000 -5.1% $321 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
03/20/2014 03/20/14 For Sale $590,000 -- $338 / 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 $7,934 $471,250 $471,250 --
2024 $7,600 $471,250 $471,250 --
2023 $7,600 $358,870 $0 $0
2022 $6,138 $326,250 $326,250 $0
2021 $6,146 $326,250 $326,250 $0
2020 $6,114 $326,250 $326,250 $0
2019 $5,977 $326,250 $326,250 $0
2018 $5,265 $290,000 $290,000 $0
2017 $5,358 $290,000 $0 $0
2016 $5,525 $290,000 $0 $0
2015 $10,040 $500,500 $0 $0
2014 $9,931 $485,870 $0 $0
2013 -- $331,220 $290,000 $41,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10429033

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-11-01-3350