NOT LISTED FOR SALE

1829 Fillmore St Hollywood, FL 33020

Royal Poinciana Neighborhood

Estimated Value: $1,449,853

13 Beds
11 Baths
4,107 Sq Ft
$353/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $820,000 $200 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $9,434/month

379 Days on Market

Highlights

  • No HOA
  • Home Security System
  • Guest Parking
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Heating System Mounted To A Wall or Window

About This Home

As of February 2019

This residential income property near Downtown Hollywood generates great income, a real CASH COW! All rooms are currently rented at a single occupancy rate. Units are rented with 7 month leases then go week to week. Near shopping, restaurants, entertainment, transportation, and world renowned Hollywood Beach (home to Margaritaville and Diplomat Resort). This Beautiful Boutique Building has it all. The main building has 15 units with an extra unit available for rent and a rear 1/1 cottage. There are a total of 13 bathrooms. Two electric meters. Owner will allow Buyer to obtain financing with 40% DOWN. Please call Nisan from South Florida Commercial Real Estate. PLEASE DO NOT DISTURB TENANTS OR OWNER!!! No Kitchens in Units!!!!!!
CALL LISTING AGENT FOR INFO

Last Agent to Sell the Property

Nisan Skandrani

MMLS Assoc.-Inactive Member License #3064965 Listed on: 02/02/2018

Last Buyer's Agent

Elad Barokas

Keller Williams Elite Properties License #3277842

Keller Williams Elite Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,384

Year Built

  • Built in 1937

Lot Details

  • 4,107

Home Design

  • Tar and Gravel Roof
  • Composition Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,107 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Tile
  • Vinyl

Home Security

  • Home Security System
  • Security Lights
  • Fire and Smoke Detector

Parking

  • 5 Parking Spaces
  • Guest Parking
  • On-Street Parking
  • Open Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • 200+ Amp Service

Additional Features

  • 4,107 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 514215018370

Community Details

Overview

  • No Home Owners Association
  • 15 Units
  • El Dora Condos

Building Details

  • Insurance Expense $8,000
  • Maintenance Expense $8,000
  • New Taxes Expense $13,384
  • Operating Expense $39,359

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,384

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1937
  • Ownership: Self Proprietor/Individual
  • Property Sub Type: Multi Family
  • Business Type: Hotel/Motel, Residential-Multi-Family
  • Directions: HOLLYWOOD BOULEVARD EAST TO US1 THEN NORTH A FEW BLOCKS TO FILLMORE STREET THEN WEST TO PROPERTY.
  • Horses: No
  • Inclusions: Building & Land,Furniture,Leases, Furniture/Fixtures,Leases
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Hotel/Motel, Multi Family
  • Year Built Details: Resale
  • ResoPropertyType: CommercialSale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Number Of Buildings: 1
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Tar & Gravel Roof, Various Material(S) Roof
  • Construction Type: CBS Construction, Frame With Stucco
  • Lot Features: City Location, In Residential Area
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: EL DORA
  • Open Parking: Yes
  • Parking Features: Guest, On Street
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sanitation
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Electricity On Property: Yes
  • Heating: Wall/Window Units
  • Heating Yn: Yes
  • Security: Smoke Alarm, Smoke Detector(s), Security Lights, Security System

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 514215018370
  • Current Use: Income Non-Waterfront
  • Land Lease: No
  • Lot Size Sq Ft: 4107
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 8000
  • Maintenance Expense: 8000
  • Number Of Units In Community: 15
  • Annual Operating Expense: 39359

Tax Info

  • Tax Year: 2017
  • New Taxes Expense: 13384
  • Tax Annual Amount: 13384

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2018
Closed on
Feb 15, 2019
Sold by
White James W
Bought by
Onyx Property Mgmt Llc
Seller's Agent
Nisan Skandrani
MMLS Assoc.-Inactive Member
Buyer's Agent
Elad Barokas
Keller Williams Elite Properties
List Price
$995,000
Sold Price
$820,000
Premium/Discount to List
-$175,000
-17.59%
Current Estimated Value
$1,449,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$629,853
Avg. Annual Appreciation
8.81%
Original Mortgage
$550,000
Outstanding Balance
$483,549
Interest Rate
4.5%
Mortgage Type
Construction
Estimated Equity
$966,304

Purchase Details

Closed on
Apr 11, 2003
Sold by
Onuc Grigorie and Onuc Flora
Bought by
White James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
5.6%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 1981
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 Buyer Sale Price Title Company
Onyx Property Mgmt Llc $820,000 Attorney
White James W $460,000 --
Available Not $68,571 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Onyx Property Mgmt Llc $550,000
Previous Owner White James W $345,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2019 02/15/19 Sold $820,000 -17.6% $200 / Sq Ft
12/02/2018 12/02/18 For Sale $995,000 +21.3% $242 / Sq Ft
12/01/2018 12/01/18 Off Market $820,000 -- --
06/12/2018 06/12/18 Price Changed $995,000 -13.9% $242 / Sq Ft
06/03/2018 06/03/18 For Sale $1,156,000 +41.0% $281 / Sq Ft
06/01/2018 06/01/18 Off Market $820,000 -- --
02/01/2018 02/01/18 For Sale $1,156,000 -- $281 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $21,696 $972,190 -- --
2024 $18,977 $972,190 $130,870 $730,150
2023 $18,977 $803,470 $0 $0
2022 $16,865 $730,430 $0 $0
2021 $15,336 $664,030 $130,870 $533,160
2020 $16,882 $737,990 $130,870 $607,120
2019 $14,993 $649,510 $130,870 $518,640
2018 $13,190 $541,000 $130,870 $410,130
2017 $13,179 $536,980 $0 $0
2016 $13,384 $535,610 $0 $0
2015 $12,834 $518,850 $0 $0
2014 $11,751 $471,690 $0 $0
2013 -- $438,680 $130,870 $307,810
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2019

    Nisan Skandrani

    MMLS Assoc.-Inactive Member

  • E

    Buyer's Agent in 2019

    Elad Barokas

    Keller Williams Elite Properties

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10407587

MIAMI REALTORS® MLS

APN: 51-42-15-01-8370

Florida Broward County Hollywood 33020 Royal Poinciana

1829 Fillmore St, Hollywood, FL

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