NOT LISTED FOR SALE

Estimated Value: $656,456

12 Beds
4 Baths
3,848 Sq Ft
$171/Sq Ft Est. Value

Sale Details

Date Sold: February 10, 2023

Last sale price $720,000 $187 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $4,754 / mo

210 Days on Market

Highlights

  • Garden View
  • Tile Flooring
  • Ceiling Fan
  • No HOA
  • Central Heating and Cooling System
  • Fenced

About This Home

As of February 2023

In early 2021, this quadplex received a brand new roof, 4 brand new electrical panels, updated plumbing & 4 brand new central AC units. Unit 4 is completely remodeled (new kitchen cabinets, quartz countertops, new stove, new dishwasher, new bathtub, new vanity). All floors are tiled except unit 2 has carpet. One unit is currently earning $1650, the other units are paying $1500, $1450 & $1400. The projected income ($1650 rent per unit - $12,567 for taxes & insurance (see attached tax return)) is $66,633 which is more than a 7.8% CAP rate. 3 units have long term renters & one unit should be rented at $1800 beginning 02/01/2023. (2 tenants are month to month and 2 tenants' leases expire in December 2022 & February 2023).
Priced to sell & only showing with a signed contract.

Last Agent to Sell the Property

Dylan Heidrich

Seawinds Realty License #3412012 Listed on: 12/30/2022

Last Buyer's Agent

Refik Kalyoncu

Lara Real Estate Group License #3337437

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,979

Year Built

  • Built in 1971

Lot Details

  • 8,793 Sq Ft Lot
  • Fenced

Home Design

  • Quadruplex
  • Composition Roof
  • Stucco

Interior Spaces

  • 4 Bathrooms
  • 3,848 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Tile Flooring
  • Garden Views

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, sewer, water
  • Assessor Parcel Number 56434232050020230

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Harmony Heights Subdivision

Building Details

  • Gross Income $79,200
  • Net Operating Income $66,633

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,979

Year Built

Built in 1971

Lot Details

8,793 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: Head north on Congress Ave, turn right onto MLK JR BLVD, make your first left on Avenue U, and your first right onto W 9th St.
  • Year Built: 1971
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 3848.0
  • Window Features: Blinds

Exterior Features

  • View: Garden
  • Fencing: Fenced
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block, Stucco
  • Property Condition: Resale
  • Roof: Composition, Other

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Lot Info

  • Parcel #: 56434232050020230
  • Lot Size Acres: 0.2
  • Mobile Dim Units: Feet
  • Zoning: Rs-6

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer, Water

Multi Family

  • Property Net Operating Income: 66633.0
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 79200.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8979.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2022
Closed on
Mar 15, 2023
Sold by
Bought by
Seller's Agent
Dylan Heidrich
Seawinds Realty
Buyer's Agent
Refik Kalyoncu
Lara Real Estate Group
List Price
$869,900
Sold Price
$720,000
Premium/Discount to List
-$149,900
-17.23%
Views
23
Current Estimated Value
$656,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,544
Avg. Annual Appreciation
-2.61%

Purchase Details

Listed on
Dec 30, 2022
Closed on
Feb 6, 2023
Sold by
Bought by
Seller's Agent
Dylan Heidrich
Seawinds Realty
Buyer's Agent
Refik Kalyoncu
Lara Real Estate Group
List Price
$869,900
Sold Price
$720,000
Premium/Discount to List
-$149,900
-17.23%
Views
23

Purchase Details

Listed on
Nov 6, 2019
Closed on
Mar 2, 2020
Sold by
Bought by
Buyer's Agent
Dylan Heidrich
Seawinds Realty
List Price
$525,000
Sold Price
$493,000
Premium/Discount to List
-$32,000
-6.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.70%
Original Mortgage
$484,070
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 22, 2019
Sold by
Bought by

Purchase Details

Closed on
May 28, 2018
Sold by
Bought by

Purchase Details

Closed on
Aug 16, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,022
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 29, 2016
Closed on
Mar 17, 2017
Sold by
Bought by
Seller's Agent
Alvin Grant
MMLS Assoc.-Inactive Member
List Price
$410,000
Sold Price
$236,000
Premium/Discount to List
-$174,000
-42.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%
Original Mortgage
$150,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 29, 2016
Closed on
Mar 15, 2017
Sold by
Bought by
Seller's Agent
Alvin Grant
MMLS Assoc.-Inactive Member
List Price
$410,000
Sold Price
$236,000
Premium/Discount to List
-$174,000
-42.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2002
Sold by
Bought by

Purchase Details

Closed on
May 12, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$720,000 Trusted National Title
$493,000 South Florida Title Assc Llc
-- None Available
-- Attorney
$330,000 United Title Assurance Llc
$236,000 Southeast Title Agency Llc
-- Southeast Title Agency Llc
-- --
$100 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $600,000
Previous Owner $31,825
Previous Owner $484,070
Previous Owner $324,022
Previous Owner $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2023 02/10/23 Sold $720,000 -4.0% $187 / Sq Ft
11/03/2022 11/03/22 Price Changed $750,000 -5.7% $195 / Sq Ft
10/07/2022 10/07/22 Price Changed $795,000 -8.6% $207 / Sq Ft
06/10/2022 06/10/22 For Sale $869,900 +76.5% $226 / Sq Ft
03/02/2020 03/02/20 Sold $493,000 -6.1% $128 / Sq Ft View Prior Sale
02/03/2020 02/03/20 Pending -- -- --
11/06/2019 11/06/19 For Sale $525,000 +122.5% $136 / Sq Ft
03/17/2017 03/17/17 Sold $236,000 -42.4% $61 / Sq Ft View Prior Sale
12/26/2016 12/26/16 Pending -- -- --
12/26/2016 12/26/16 For Sale $410,000 -- $107 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,747 $644,290
2024 $13,747 $646,274
2023 $12,636 $549,091 $0 $0
2022 $11,325 $499,174 $0 $0
2021 $8,979 $436,743 $25,600 $411,143
2020 $4,547 $252,508 $0 $0
2019 $4,004 $199,990 $0 $0
2018 $3,500 $168,787 $16,002 $152,785
2017 $2,908 $140,648 $12,309 $128,339
2016 $1,405 $93,960 $0 $0
2015 $2,422 $85,418 $0 $0
2014 $2,378 $77,653 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10807469

BeachesMLS (Greater Fort Lauderdale)

APN: 56-43-42-32-05-002-0230

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