NOT LISTED FOR SALE

171 S Broadway Lantana, FL 33462

Lantana Area

Estimated Value: $185,000 - $766,000

5 Beds
4 Baths
2,370 Sq Ft
$224/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2017

Last sale price $400,000 $169 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,957 / mo

366 Days on Market

Highlights

  • Outdoor Living Area
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Corner Lot
  • Covered Patio or Porch
  • Ceramic Tile Flooring

About This Home

As of July 2017

Four well maintained units located in the heart of fast growing Lantana. Corner property with great exposure. Always rented with never a vacancy. CBS with hurricane panels. Eight parking spaces. Five electric meters. Separate coin operated laundry room for all 4 units, the income from those machines is not included in the gross rent which adds additional income of approximately $ 100.00 a month. Low cost of operation.

Last Agent to Sell the Property

Daryl Bush

Daryl G. Bush Realty Inc. License #349645 Listed on: 05/01/2017

Last Buyer's Agent

Martin Goldstein

MRG Associates LLC License #3263158

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,137

Year Built

  • Built in 1965

Lot Details

  • 7,783 Sq Ft Lot
  • Corner Lot
  • Sprinkler System

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 4 Bathrooms
  • 2,370 Sq Ft Home
  • 1-Story Property
  • Single Hung Metal Windows
  • Ceramic Tile Flooring

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Living Area

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Three-Phase Power
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 40434503100130010

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Lantana Amended Plat Subdivision

Building Details

  • Gross Income $45,000
  • Net Operating Income $33,362

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,137

Year Built

Built in 1965

Lot Details

7,783 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: Exit I-95 on W. Lantana Rd. Go East 3/4 mile to N. Broadway, go South 3 blocks to W. Ocean Ave.Property on the corner of W. Ocean & N. Broadway. From Dixie go West on W. Ocean Ave 3 blocks to Broadway
  • Year Built: 1965
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2370.0
  • Window Features: Metal, Single Hung

Exterior Features

  • Exterior Features: Outdoor Living Area
  • Lot Features: Corner Lot, Sprinkler System, < 1/4 Acre
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale
  • Roof: Composition

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 40434503100130010
  • Lot Size Acres: 0.18
  • Lot Size: Apx. 115' X 67'
  • Mobile Dim Units: Feet
  • Zoning: R-15

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Property Net Operating Income: 33362.0
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 45000.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5137.0

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

Closed on
Jun 29, 2022
Sold by
Bought by
Current Estimated Value
$532,040

Purchase Details

Closed on
Sep 2, 2021
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
$461,200
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
May 1, 2017
Closed on
Jul 31, 2017
Sold by
Bought by
Seller's Agent
Daryl Bush
Daryl G. Bush Realty Inc.
Buyer's Agent
Martin Goldstein
MRG Associates LLC
List Price
$469,000
Sold Price
$400,000
Premium/Discount to List
-$69,000
-14.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.22%

Purchase Details

Closed on
Apr 8, 2015
Sold by
Bought by

Purchase Details

Closed on
Nov 4, 2006
Sold by
Bought by

Purchase Details

Closed on
Jul 19, 2005
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
$320,000
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 5, 1997
Sold by
Bought by

Purchase Details

Closed on
Mar 30, 1995
Sold by
Bought by

Purchase Details

Closed on
Jan 30, 1995
Sold by
Bought by
Source: Public Records

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
$600,000 New Title Company Name
$576,500 Harbour Land Title Llc
$400,000 Attorney
-- None Available
-- None Available
$429,900 Universal Land Title Inc
$108,000 --
$31,500 --
$90,000 --
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
Previous Owner $461,200
Previous Owner $461,200
Previous Owner $275,000
Previous Owner $320,000
Previous Owner $125,000
Previous Owner $113,000
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
07/31/2017 07/31/17 Sold $400,000 -14.7% $169 / Sq Ft
07/01/2017 07/01/17 Pending -- -- --
06/15/2016 06/15/16 For Sale $469,000 -- $198 / 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 $12,323 $563,668
2024 $12,323 $532,412
2023 $11,221 $484,011 $212,660 $271,351
2022 $11,493 $479,752 $0 $0
2021 $7,571 $286,309 $162,000 $124,309
2020 $7,453 $280,020 $138,000 $142,020
2019 $6,988 $256,339 $120,000 $136,339
2018 $6,337 $232,000 $112,266 $119,734
2017 $5,609 $219,524 $89,813 $129,711
2016 $5,137 $184,600 $0 $0
2015 $4,771 $159,975 $0 $0
2014 $4,785 $145,432 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10243340

BeachesMLS (Greater Fort Lauderdale)

APN: 40-43-45-03-10-013-0010

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