NOT LISTED FOR SALE

1740 SW 40th Terrace Fort Lauderdale, FL 33317

Broadview Park Neighborhood

Estimated Value: $479,409 - $669,000

-- Bed
-- Bath
2,100 Sq Ft
$274/Sq Ft Est. Value

Last Sold February 08, 2021

Last sale price $361,000 $172 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,732/month

25 Days on Market

About This Home

As of February 2021

Great Investment! Corner Duplex featuring 2 units both are 3 bedrooms and 2 bathrooms. New Roof put on in 2018, along with 2 new A/C units installed within a year. Each unit has its own meter along with central A/C.
Both units are currently rented to long term tenants that pay on time. Located close to 595. Combined rent is currently $2750 a month and is below market value.

Last Agent to Sell the Property

Michael DiBonifazio

The Agency Florida LLC License #3388425 Listed on: 01/13/2021

The Agency Florida LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,525

Year Built

  • Built in 1980

Lot Details

  • 6,055

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • Collier Groves 22 42 B Subdivision

Listing and Financial Details

  • Rent includes gardener
  • Assessor Parcel Number 504113020520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,525

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Year Built: 1980
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2100.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: Gardener
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 504113020520
  • Zoning Description: RD-10

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4525.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Feb 8, 2021
Sold by
Villalba Adriana P
Bought by
Li Qizhi
Seller's Agent
Michael DiBonifazio
The Agency Florida LLC
List Price
$360,000
Sold Price
$361,000
Premium/Discount to List
$1,000
0.28%
Current Estimated Value
$575,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,102
Avg. Annual Appreciation
10.37%

Purchase Details

Closed on
Mar 24, 2015
Sold by
Villalba Adriana P
Bought by
Lalyre Villalba Adrian P and Lalyre Guedes Luis Emilio

Purchase Details

Closed on
Aug 28, 2002
Sold by
Synergy Investment Group Inc
Bought by
Villalba Adriana P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,750
Interest Rate
6.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 2002
Sold by
Quality Inv Group Inc
Bought by
Synergy Investment Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,750
Interest Rate
6.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 2001
Sold by
Goldston Gregory L
Bought by
Quality Investment Group Inc

Purchase Details

Closed on
Jan 26, 2001
Sold by
N & D Holding Inc
Bought by
Goldston Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 9, 1998
Sold by
Bojman Roma
Bought by
N & D Holding Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,750,000
Interest Rate
7.01%
Mortgage Type
Commercial
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
Li Qizhi $361,000 Attorneys Key Title Llc
Lalyre Villalba Adrian P -- None Available
Villalba Adriana P $147,500 Homeowners Title Corp
Synergy Investment Group Inc $124,600 --
Quality Investment Group Inc -- --
Goldston Gregory -- --
N & D Holding Inc $3,757,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Villalba Adriana P $132,750
Previous Owner N & D Holding Inc $116,000
Previous Owner N & D Holding Inc $7,750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2021 02/08/21 Sold $361,000 +0.3% $172 / Sq Ft
01/13/2021 01/13/21 For Sale $360,000 -- $171 / 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 $8,480 $409,220 -- --
2024 $7,760 $388,530 $18,150 $370,380
2023 $7,760 $338,200 $18,150 $320,050
2022 $7,041 $308,540 $18,150 $290,390
2021 $4,762 $165,550 $0 $0
2020 $4,525 $248,800 $18,150 $230,650
2019 $4,279 $238,010 $18,150 $219,860
2018 $3,968 $225,430 $18,150 $207,280
2017 $3,540 $113,090 $0 $0
2016 $3,371 $102,810 $0 $0
2015 $3,138 $93,470 $0 $0
2014 $2,950 $84,980 $0 $0
2013 -- $86,420 $18,150 $68,270
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Michael DiBonifazio

    The Agency Florida LLC

    (954) 696-6288

    1 in this area

    52 Total Sales

    Michael DiBonifazio
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10266388

BeachesMLS (Greater Fort Lauderdale)

APN: 50-41-13-02-0520

Florida Broward County Fort Lauderdale 33317 Broadview Park

1740 SW 40th Terrace, Fort Lauderdale, FL

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