NOT LISTED FOR SALE

1821 N Dixie Hwy Fort Lauderdale, FL 33305

Middle River Terrace Neighborhood

Estimated Value: $1,066,941 - $1,228,000

4 Beds
3 Baths
2,592 Sq Ft
$435/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $715,000 $276 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $7,421/month

8 Days on Market

Highlights

  • Impact Glass
  • Arched Windows
  • Tile Flooring
  • Fort Lauderdale High School Rated A
  • Patio
  • Zoned Heating and Cooling

About This Home

As of June 2020

This turnkey updated boutique building in Middle River Terrace has great tenants and boasts private landscaped courtyards, new impact windows and doors, new Air Conditioning, newer roof and parking for 6 cars and 6% cap rate with room for growth. Minutes to the Drive-Wilton Manors, restaurants, theater, Pride Center, Downtown Fort Lauderdale and the beaches. Great for investors or owner occupancy. This is a true GEM of building.
DO NOT DISTURB TENANTS OR WALK PROPERTY WITHOUT APPOINTMENT! DRIVE BY ONLY!

Last Agent to Sell the Property

Trevor Coyne

Keller Williams Realty Profess License #3325079 Listed on: 05/22/2020

Keller Williams Realty Profess

Last Buyer's Agent

Stuart Goodwin

Century 21 Hansen Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,413

Year Built

  • Built in 1967

Lot Details

  • Fenced
  • Sprinkler System

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,592 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Arched Windows
  • Impact Glass

Flooring

  • Tile
  • Vinyl

Outdoor Features

  • Patio

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $61,020
  • Rent includes electricity, sewer, trash collection, water
  • Assessor Parcel Number 494235042300

Community Details

Overview

  • 4 Units
  • Lauderdale Park 6 33 1/2 Subdivision

Additional Features

  • Laundry Facilities
  • Net Operating Income $45,031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,413

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: From 5 points go south on Dixie Highway, over the bridge and building on the right.
  • Year Built: 1967
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Tile, Vinyl
  • Living Area: 2592.0
  • Window Features: Arched, Blinds, Impact Glass

Exterior Features

  • Exterior Features: Fence, Security/High Impact Doors, Lighting, Patio
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Brick, Block, Stucco
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Sewer, Trash Collection, Water
  • Community Features: Laundry Facilities

Lot Info

  • Parcel #: 494235042300
  • Zoning Description: RML-25

Multi Family

  • Property Net Operating Income: 45031.0
  • Number Of Units Total: 4
  • Total Actual Rent: 61020.0

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 11413.0

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Jun 30, 2020
Sold by
Coyne Trevor and Piergrossi Joseph
Bought by
Hoeppner Anja and Hoeppner Tim Folke
Seller's Agent
Trevor Coyne
Keller Williams Realty Profess
Buyer's Agent
Stuart Goodwin
Century 21 Hansen Realty Inc
List Price
$769,500
Sold Price
$715,000
Premium/Discount to List
-$54,500
-7.08%
Current Estimated Value
$1,127,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,235
Avg. Annual Appreciation
8.92%

Purchase Details

Listed on
Jun 26, 2018
Closed on
Aug 31, 2018
Sold by
Valentino Nico and Ganete Estrella
Bought by
Coyne Trevor and Piergrossi Joseph
Seller's Agent
Carlos Montoya
Fidelity Real Estate Group LLC
Buyer's Agent
Trevor Coyne
Keller Williams Realty Profess
List Price
$599,000
Sold Price
$595,000
Premium/Discount to List
-$4,000
-0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%
Original Mortgage
$315,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2016
Sold by
Cmolvo Eva
Bought by
Valentino Nico and Ganete Estrella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,875
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 21, 1996
Sold by
Gilchrest Brian R
Bought by
Cmolova Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 1993
Sold by
Hurd Ronald L and Hurd Marilyn A
Bought by
Gilchrest Brian R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,700
Interest Rate
6.97%
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
Hoeppner Anja $715,000 Aces Title Agency Llc
Coyne Trevor $599,000 Title Alliance Professionals
Valentino Nico $382,500 Stewart Title Company
Cmolova Eva $100,000 --
Gilchrest Brian R $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coyne Trevor $315,000
Previous Owner Valentino Nico $286,875
Previous Owner Cmolova Eva $75,000
Previous Owner Gilchrest Brian R $46,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2020 06/30/20 Sold $715,000 -7.1% $276 / Sq Ft
05/31/2020 05/31/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $769,500 +29.3% $297 / Sq Ft
08/31/2018 08/31/18 Sold $595,000 -0.7% $230 / Sq Ft View Prior Sale
08/01/2018 08/01/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $599,000 -- $231 / 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 $18,237 $942,960 -- --
2024 $17,509 $933,740 $34,450 $899,290
2023 $17,509 $779,310 $0 $0
2022 $16,098 $708,470 $0 $0
2021 $13,612 $644,070 $34,450 $609,620
2020 $12,209 $571,400 $34,450 $536,950
2019 $16,378 $547,180 $34,450 $512,730
2018 $7,424 $403,850 $0 $0
2017 $6,972 $363,120 $0 $0
2016 $5,064 $164,570 $0 $0
2015 $4,521 $149,610 $0 $0
2014 $4,190 $136,010 $0 $0
2013 -- $137,740 $34,630 $103,110
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Trevor Coyne

    Keller Williams Realty Profess

    (954) 654-1062

    1 Total Sale

    Trevor Coyne
    Section Image

  • S

    Buyer's Agent in 2020

    Stuart Goodwin

    Century 21 Hansen Realty Inc

  • Stuart Goodwin

    Buyer's Agent in 2020

    Stuart Goodwin

    Century 21 Hansen Realty Inc

    (954) 610-7789

    63 Total Sales

    Stuart Goodwin
    Section Image
  • Carlos Montoya

    Seller's Agent in 2018

    Carlos Montoya

    Fidelity Real Estate Group LLC

    (954) 345-9144

    1 in this area

    145 Total Sales

    Carlos Montoya
    Section Image

  • N

    Seller Co-Listing Agent in 2018

    Natasha Q Realtor

    Fidelity Real Estate Group LLC

    (954) 345-9144

    1 in this area

    95 Total Sales

    Natasha Q Realtor
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10230701

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-35-04-2300

Florida Broward County Fort Lauderdale 33305 Middle River Terrace

1821 N Dixie Hwy, Fort Lauderdale, FL

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