NOT LISTED FOR SALE

17020 SW 83rd Ct Palmetto Bay, FL 33157

Estimated Value: $1,082,000 - $1,292,000

5 Beds
3 Baths
2,118 Sq Ft
$556/Sq Ft Est. Value

Last Sold December 21, 2021

Last sale price $714,000 $337 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $7,438/month

Highlights

  • 60 Feet of Waterfront
  • Private Pool
  • Fruit Trees
  • Dr. Henry E. Perrine Academy Of The Arts Rated A-
  • Canal View
  • Ranch Style House

About This Home

As of May 2023

Located in one of the most desired areas of Palmetto Bay, this waterfront home sits on 0.52 acres lot. Recently updated spacious indoor and outdoor with modern open concept living space includes a combination of porcelain and vinyl waterproof floors throughout, Impact windows and doors, A/C unit, gourmet kitchen and island with quartz countertops, tankless water heater and stainless steel appliances. Two primary bathrooms with marble and unique design are the elevation of today’s standards fulfilling the needs of every taste. This huge outdoor space features a pool with Florida room making it ideal for events and family gathering. Conveniently located just minutes from Deering Estate, top rated schools and beautiful parks, makes this home ideal for everyone.

Last Agent to Rent the Property

Diane Shooster

Keller Williams Gainesville License #3466584 Listed on: 03/21/2023

Keller Williams Gainesville

Co-Listed By

Martin Karaivanov

Cervera Real Estate Inc License #3473764

Cervera Real Estate Inc

Last Renter's Agent

Martin Karaivanov

Cervera Real Estate Inc License #3473764

Cervera Real Estate Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,288

Year Built

  • Built in 1973

Lot Details

  • 0.53 Acre Lot
  • 60 Feet of Waterfront
  • Home fronts a canal
  • East Facing Home
  • Fruit Trees
  • Property is zoned 2100

Parking

  • 2 Car Attached Garage

Property Views

  • Canal
  • Pool

Home Design

  • Ranch Style House
  • Spanish Tile Roof

Interior Spaces

  • 2,118 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Florida or Dining Combination
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Perrine Elementary School
  • Southwood Middle School
  • Miami Palmetto High School

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Community Details

  • Old Cutler West Sec 03 Subdivision

Listing and Financial Details

  • Property Available on 4/30/23
  • 12 Month Lease Term
  • Renewal Option
  • Assessor Parcel Number 33-50-34-011-0050

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,288

Year Built

Built in 1973

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2023-04-30

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1973
  • Lease Renewal Option: Yes
  • Architectural Style: Ranch
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Family/Dining Room
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Furnished: Furnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Marble, Tile
  • Living Area: 2118.0

Exterior Features

  • Exterior Features: Enclosed Porch, Fruit Trees, Security/High Impact Doors
  • View: Canal, Pool
  • Road Frontage Type: Waterfront
  • Pool Features: In Ground, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Front
  • Waterfront: Yes
  • Direction Faces: East
  • Patio And Porch Features: Porch, Screened
  • Roof: Spanish Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Pets Allowed: No

Schools

  • Elementary School: Perrine
  • High School: Miami Palmetto
  • Middle Or Junior School: Southwood

Lot Info

  • Parcel #: 33-50-34-011-0050
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 22920.0
  • Zoning Description: 2100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2023
Closed on
Mar 13, 2023
Sold by
Velasquez Henry and Velasquez Deysi
Bought by
Velasquez Henry and Velasquez Deysi
Seller's Agent
Diane Shooster
Keller Williams Gainesville
Buyer's Agent
Martin Karaivanov
Cervera Real Estate Inc
Sold Price
$7,250
Views
8
Current Estimated Value
$1,178,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,171,026

Purchase Details

Closed on
Jan 6, 2023
Sold by
Velasquez Henry and Velasquez Deysi
Bought by
Velasquez Henry

Purchase Details

Closed on
Sep 19, 2022
Sold by
Alpha Homes 1 Llc
Bought by
Velasquez Henry and Velasquez Deysi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 5, 2021
Closed on
Dec 17, 2021
Sold by
Kershaw Pagan Patricia
Bought by
Alpha Homes 1 Llc
Seller's Agent
Mariana Fournes
Fortune Christie's International Real Estate
Buyer's Agent
Vanessa Valdes
HDZ Realty
Sold Price
$714,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.05%
Original Mortgage
$642,000
Interest Rate
3.11%
Mortgage Type
Construction
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
Velasquez Henry -- --
Velasquez Henry -- None Listed On Document
Velasquez Henry -- --
Alpha Homes 1 Llc $714,000 Ivanov Yelena
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velasquez Henry $825,000
Previous Owner Alpha Homes 1 Llc $642,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2023 05/01/23 Rented $7,250 +5.8% --
04/28/2023 04/28/23 Under Contract -- -- --
04/04/2023 04/04/23 Price Changed $6,850 -5.5% $3 / Sq Ft
03/21/2023 03/21/23 For Rent $7,250 0.0% --
12/21/2021 12/21/21 Sold $714,000 -4.8% $337 / Sq Ft View Prior Sale
12/01/2021 12/01/21 For Sale -- -- --
11/24/2021 11/24/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $750,000 -- $354 / 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 $14,288 $845,910 -- --
2024 $13,803 $822,070 -- --
2023 $13,803 $798,127 $492,960 $305,167
2022 $11,911 $652,149 $360,240 $291,909
2021 $4,709 $274,020 $0 $0
2020 $4,619 $270,237 $0 $0
2019 $4,513 $264,162 $0 $0
2018 $4,310 $259,237 $0 $0
2017 $4,291 $253,905 $0 $0
2016 $4,257 $248,683 $0 $0
2015 $4,327 $246,955 $0 $0
2014 $4,377 $244,996 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10372655

BeachesMLS (Greater Fort Lauderdale)

APN: 33-5034-011-0050