$579,000
SOLD SEP 19, 2022
-- Bed
-- Bath
2,300 Sq Ft
6,220 Sq Ft Lot

Recently Sold

$252 Per Sq Ft

35% Above List Price

273 Days on Market

About This Home

As of September 2022

MUST SEE DUPLEX, LARGE 3/2 UNIT plus a 1/1 unit , fully rented , CLOSE TO BEACH AND DOWNTOWN, SUPER CLEAN AND INCLUDES PARKING! UNIT ONE IS 3/2 $2400 AND UNIT TWO IS 1/1 $1300, PROPERTY HAS SEPARATE WATER AND ELECTRICAL METERS! TENANT PAYS UTILITES, it needs updating

Last Agent to Sell the Property

Dror Gerges

Leader Realty License #3433619 Listed on: 11/19/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,259

Year Built

  • Built in 1986

Home Design

  • Duplex

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Additional Features

  • 6,220 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 514210090053

Community Details

Overview

  • 2 Units
  • Hollywood Lakes Subdivision

Building Details

  • Operating Expense $8,659
  • Net Operating Income $27,041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,259

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: EAST OF US-1 , BETWEEN SHRIDAN AND HOLLYWOOD, JUST MINUTES TO THE BEACH AND DOWNTOWN HOLLYWOOD
  • Year Built: 1986
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2300.0

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 514210090053
  • Lot Size Sq Ft: 6220.0
  • Zoning Description: MULTIFAM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 27041.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 8659.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6259.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Sep 19, 2022
Sold by
Ksm Ii Investment Llc
Bought by
Grant Jerome
Seller's Agent
Dror Gerges
Leader Realty
List Price
$429,000
Sold Price
$579,000
Premium/Discount to List
$150,000
34.97%
Current Estimated Value
$658,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,120
Avg. Annual Appreciation
4.35%
Original Mortgage
$559,675
Outstanding Balance
$534,349
Interest Rate
4.99%
Mortgage Type
FHA
Estimated Equity
$123,771

Purchase Details

Closed on
Apr 5, 2021
Sold by
Ksm 14 Llc
Bought by
K S M Ii Investments Llc

Purchase Details

Closed on
Sep 23, 2014
Sold by
Ksm Ii Investment Llc
Bought by
Ksm 14 Llc

Purchase Details

Closed on
Jun 24, 2014
Sold by
Glogover Holdings Llc
Bought by
Ksm Ii Investment Llc

Purchase Details

Closed on
Mar 1, 2011
Sold by
Glogover Philip and Glogover Norma
Bought by
Glogover Holdings Llc

Purchase Details

Closed on
Sep 1, 1986
Sold by
Available Not
Bought by
Available Not
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 $570,000 Signature Title Services
Quit Claim Deed -- Attorney
Quit Claim Deed -- Attorney
Warranty Deed $198,500 Attorney
Warranty Deed -- Attorney
Warranty Deed $67,857 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $559,675 FHA
Previous Owner $416,279 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2024 08/12/24 Rented $2,300 0.0% --
06/12/2024 06/12/24 Price Changed $2,300 -4.2% $1 / Sq Ft
05/26/2024 05/26/24 For Rent $2,400 0.0% --
09/19/2022 09/19/22 Sold $579,000 +35.0% $252 / Sq Ft
08/20/2022 08/20/22 Pending -- -- --
11/19/2021 11/19/21 For Sale $429,000 0.0% $187 / Sq Ft
05/21/2020 05/21/20 For Rent $1,600 0.0% --
05/21/2020 05/21/20 Rented $1,600 -1.5% --
11/13/2019 11/13/19 Rented $1,625 +1.6% --
11/09/2019 11/09/19 Price Changed $1,599 -1.6% $1 / Sq Ft
11/02/2019 11/02/19 For Rent $1,625 +8.3% --
09/28/2016 09/28/16 Rented $1,500 0.0% --
09/20/2016 09/20/16 Under Contract -- -- --
09/16/2016 09/16/16 For Rent $1,500 -- --
Source: BeachesMLS

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 $11,046 $543,900 -- --
2024 $11,726 $494,460 $74,640 $419,820
2023 $11,726 $524,390 $74,640 $449,750
2022 $7,553 $334,290 $74,640 $259,650
2021 $6,520 $283,330 $74,640 $208,690
2020 $5,993 $259,040 $74,640 $184,400
2019 $5,560 $234,770 $74,640 $160,130
2018 $5,417 $250,950 $74,640 $176,310
2017 $4,874 $205,630 $0 $0
2016 $4,496 $186,940 $0 $0
2015 $4,125 $169,950 $0 $0
2014 $3,512 $132,260 $0 $0
2013 -- $120,240 $74,640 $45,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10760090

BeachesMLS

APN: 51-42-10-09-0053