NOT LISTED FOR SALE

Estimated Value: $984,828 - $1,423,000

3 Beds
-- Bath
1,714 Sq Ft
$713/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $685,000 $400 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $8,050/month

123 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Terrazzo Flooring
  • Wall Furnace
  • Harbordale Elementary School Rated A-

About This Home

As of January 2020

Attention investors! Revenue producing triplex. Fully rented. Close to Las Olas. East of Federal highway in Colee Hammock. Unique opportunity to build townhouses or keep as a rental income property. Can be purchased with adjacent parcel, 23 SE 12 Ave which will enable you to build townhouses or a small multi family building. Combined lot is zoned for up to 4 townhouses. Blocks away from Las Olas, shopping, nightlife, new grocery on the way. Currently operated as an income property. Earn income on the property while in the development process.

Last Agent to Sell the Property

Cindy Leventhal

Compass Florida, LLC License #0690167 Listed on: 08/23/2019

Compass Florida, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,901

Year Built

  • Built in 1959

Lot Details

  • 6,273

Parking

  • 3 Parking Spaces

Home Design

  • Triplex

Interior Spaces

  • 1,714 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Community Details

  • 3 Units
  • Beverly Heights 1 30 B Subdivision

Listing and Financial Details

  • Rent includes gardener, hot water, trash collection, water
  • Assessor Parcel Number 504211070680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,901

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Year Built: 1959
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 1714.0

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Hot Water, Trash Collection, Water

Lot Info

  • Parcel #: 504211070680
  • Zoning Description: RC-15

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 11901.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2023
Sold by
Edelman Properties Llc
Bought by
Las Olas Gardens Llc
Current Estimated Value
$1,221,707

Purchase Details

Listed on
Aug 23, 2019
Closed on
Jan 24, 2020
Sold by
Sunningdale Properties Llc
Bought by
Edelman Properties Llc
Seller's Agent
Cindy Leventhal
Compass Florida, LLC
List Price
$750,000
Sold Price
$685,000
Premium/Discount to List
-$65,000
-8.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.42%

Purchase Details

Closed on
May 31, 2016
Sold by
Ritchie Bruce Donald
Bought by
Sunningdale Properties Llc

Purchase Details

Closed on
Oct 24, 2011
Sold by
Ritchie Wilma S
Bought by
Ritchie Wilma S
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
Las Olas Gardens Llc -- None Listed On Document
Edelman Properties Llc $685,000 Guaranteed Florida Title Inc
Sunningdale Properties Llc $625,000 Trident Title
Ritchie Wilma S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Las Olas Gardens Llc $643,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2020 01/24/20 Sold $685,000 -8.7% $400 / Sq Ft
12/25/2019 12/25/19 Pending -- -- --
08/23/2019 08/23/19 For Sale $750,000 -- $438 / 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 $15,391 $726,540 $156,250 $570,290
2024 $15,226 $725,790 $156,250 $569,540
2023 $15,226 $711,550 $156,250 $555,300
2022 $14,001 $663,420 $93,750 $569,670
2021 $13,916 $659,640 $93,750 $565,890
2020 $11,417 $543,170 $93,750 $449,420
2019 $9,706 $472,080 $93,750 $378,330
2018 $11,901 $627,880 $93,750 $534,130
2017 $10,934 $550,230 $0 $0
2016 $6,169 $266,940 $0 $0
2015 $5,467 $242,680 $0 $0
2014 $5,115 $220,620 $0 $0
2013 -- $211,390 $93,750 $117,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10190971

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-11-07-0680