NOT LISTED FOR SALE

1731 Roosevelt St Hollywood, FL 33020

Hollywood Lakes Neighborhood

Estimated Value: $1,306,000 - $1,514,000

-- Bed
6 Baths
4,623 Sq Ft
$303/Sq Ft Est. Value

Last Sold December 01, 2017

Last sale price $725,000 $157 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $8,304/month

152 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Wall Furnace

About This Home

As of December 2017

Additional units: 3 Large Studios rented at $800 each. Gross Income: $90,000 NOI: $65,000 CAP: 8%+ INVESTORS DREAM!! START MAKING MONEY NOW!! Oversized lot. Completely Gated with great lighting system. Units have been tastefully renovated. 7 electric meters, 2 water meters. Tenants Pay Electric (except 2). Money making multi-family. Property in great condition. Close to Young Circle, banks, restaurants and more. Zoning RM-18. CAN BUILD UP TO 9 UNITS.

Last Agent to Sell the Property

JORGE NEMI

Venture Pointe Investments LLC License #3267029 Listed on: 06/01/2017

Last Buyer's Agent

JORGE NEMI

Venture Pointe Investments LLC License #3267029 Listed on: 06/01/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,686

Year Built

  • Built in 1930

Lot Details

  • 0.47

Parking

  • 9 Parking Spaces

Home Design

  • Quadruplex
  • Built-Up Roof

Interior Spaces

  • 4,623 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $91,260
  • Rent includes gardener, pest control, trash collection, water
  • Assessor Parcel Number 514210120150

Community Details

Overview

  • 4 Units
  • Chattanooga Park 2 39 B Subdivision

Building Details

  • Net Operating Income $64,521

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,686

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Year Built: 1930
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other, Tile
  • Living Area: 4623.0

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Built-Up

Garage/Parking

  • Total Parking Spaces: 9.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Not Available

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Pest Control, Trash Collection, Water

Lot Info

  • Parcel #: 514210120150
  • Zoning Description: RM-18

Multi Family

  • Property Net Operating Income: 64521.0
  • Number Of Units Total: 4
  • Total Actual Rent: 91260.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 13686.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2017
Closed on
Dec 1, 2017
Sold by
1731 Roosevelt Llc
Bought by
Otis Jgce Llc
Seller's Agent
JORGE NEMI
Venture Pointe Investments LLC
Buyer's Agent
JORGE NEMI
Venture Pointe Investments LLC
List Price
$829,900
Sold Price
$725,000
Premium/Discount to List
-$104,900
-12.64%
Current Estimated Value
$1,228,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$503,573
Avg. Annual Appreciation
8.64%

Purchase Details

Listed on
Nov 12, 2014
Closed on
Feb 6, 2015
Sold by
Jucoka Vacation 2 Llc
Bought by
1731 Roosevelt Llc
Seller's Agent
Robin Sabow
Beachfront Realty Inc
Buyer's Agent
Robin Sabow
Beachfront Realty Inc
Sold Price
$575

Purchase Details

Closed on
Jan 7, 2013
Sold by
Reef Properties Llc
Bought by
Jucoka Vacation 2 Llc

Purchase Details

Closed on
Jan 4, 2005
Sold by
Defeo Ronald
Bought by
Conkling Steven G and Conkling Amber L
Source: Public Records

Range of Values:

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Average Value
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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
Otis Jgce Llc $725,000 Usa Trust Title Llc
1731 Roosevelt Llc $575,000 Seagull Title Company
Jucoka Vacation 2 Llc $260,000 Title Guaranty Of South Fl
Reef Properties Llc $217,500 Title Guaranty Of South Fl
Conkling Steven G $314,900 Sunbelt Title Agency
Conkling Steven G $315,000 Sunbelt Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2017 12/01/17 Sold $725,000 -12.6% $157 / Sq Ft
11/01/2017 11/01/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $829,900 0.0% $180 / Sq Ft
01/14/2015 01/14/15 Rented $575 0.0% --
12/15/2014 12/15/14 Under Contract -- -- --
11/11/2014 11/11/14 For Rent $575 -- --
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 $22,107 $843,320 -- --
2024 $19,269 $843,320 -- --
2023 $19,269 $696,970 $0 $0
2022 $16,981 $633,610 $0 $0
2021 $15,282 $576,010 $0 $0
2020 $15,688 $652,730 $243,780 $408,950
2019 $15,865 $768,300 $243,780 $524,520
2018 $15,519 $714,770 $243,780 $470,990
2017 $14,680 $619,700 $0 $0
2016 $13,686 $563,370 $0 $0
2015 $12,198 $486,680 $0 $0
2014 $11,517 $448,880 $0 $0
2013 -- $425,530 $243,780 $181,750
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    JORGE NEMI

    Venture Pointe Investments LLC

    (954) 793-0630

    7 Total Sales

    JORGE NEMI
    Section Image

  • R

    Seller's Agent in 2015

    Robin Sabow

    Beachfront Realty Inc

    (954) 993-1774

    Robin Sabow
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10069422

BeachesMLS (Greater Fort Lauderdale)

APN: 51-42-10-12-0150

Florida Broward County Hollywood 33020 Hollywood Lakes

1731 Roosevelt St, Hollywood, FL

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