NOT LISTED FOR SALE

1900 NE 28th Ct Lighthouse Point, FL 33064

Estimated Value: $777,297 - $1,247,000

4 Beds
3 Baths
2,688 Sq Ft
$350/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $430,000 $160 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $6,437/month

17 Days on Market

Highlights

  • Corner Lot
  • Jalousie or louvered window
  • Tile Flooring
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

About This Home

As of September 2018

Amazing Triplex residential income potential in great Lighthouse Point neighborhood. Quiet street with great long term tenants with plenty of parking spots available for your renters. Good mix of unit sizes with 1bed/1bath, 2bed/1bath and the largest unit is 2bed/2baths. Prime Lighthouse Point location, close to everything including Publix, Whole Foods, top rated beaches, marinas, schools, easy access to US 1 and close to Intracoastal. These Properties are currently rented below market value, this Property must be sold collectively with 1910 NE 28 CT Lighthouse Point, FL 33064.

Last Listed By

Bohdan Mastykaz

Douglas Elliman License #3273519 Listed on: 07/31/2018

Douglas Elliman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,808

Year Built

  • Built in 1966

Lot Details

  • 8,015

Parking

  • 4 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,688 Sq Ft Home
  • 1-Story Property
  • Jalousie or louvered window

Flooring

  • Carpet
  • Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window

Additional Features

  • Corner Lot
  • East of U.S. Route 1

Listing and Financial Details

  • Total Actual Rent $34,320
  • Rent includes gardener, pest control, sewer, trash collection, water
  • Assessor Parcel Number 484319100300

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Lighthouse Point Estates Condos
  • Lighthouse Point Estates Subdivision

Building Details

  • Operating Expense $18,992
  • Net Operating Income $15,328

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,808

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1966
  • Property Sub Type: Triplex
  • Architectural Style: Detached
  • Directions: Federal Hwy to NE 29th Street, East to NE 20th Ave, South to NE 28th Court, West to Property.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: LIGHTHOUSE POINT ESTATES
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Carpet, Tile
  • Living Area: 2688
  • Possible Use: Unknown/Withheld
  • Stories: 1
  • Window Features: Jalousie

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, Corner Lot, East Of US 1
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LIGHTHOUSE POINT ESTATES
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 484319100300
  • Zoning: RESIDENT
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Pest Control, Sewer, Trash Collection, Water

Multi Family

  • Net Operating Income: 15328
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Operating Expense: 18992
  • Total Actual Rent: 34320

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6808

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2024
Sold by
Correa Janete Lucia Andrade
Bought by
Janete Correa Revocable Trust and Correa
Total Days on Market
17
Current Estimated Value
$939,824

Purchase Details

Listed on
Jul 31, 2018
Closed on
Sep 21, 2018
Sold by
Fountains Of Lighthouse Point Inc
Bought by
Andrade Correa Janete Lucia
Seller's Agent
Bohdan Mastykaz
Douglas Elliman
List Price
$449,500
Sold Price
$430,000
Premium/Discount to List
-$19,500
-4.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2017
Sold by
Silveri Michael S
Bought by
Fountains Lighthouse Pointe Ic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
4.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 1, 2017
Bought by
Fountains Of Lighthouse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
4.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 28, 2005
Sold by
Brady Richard V and Brady Betina J
Bought by
Silveri Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 18, 2004
Sold by
Marlin Investment Properties Llc
Bought by
Brady Richard and Brady Betina J

Purchase Details

Closed on
Feb 13, 2003
Sold by
Mcdermott Gregory and Mcdermott Gregory Allen
Bought by
Marlin Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,000
Interest Rate
5.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2001
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Feb 3, 1997
Sold by
Rainieri Raymond and Rainieri George Linda
Bought by
Rainieri Raymond and Rainieri Linda G

Purchase Details

Closed on
Apr 18, 1994
Sold by
Plant Janet
Bought by
Rainieri Raymond A and George Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,600
Interest Rate
7.77%
Mortgage Type
Commercial

Range of Values:

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Average Value
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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
Janete Correa Revocable Trust -- None Listed On Document
Andrade Correa Janete Lucia $430,000 Kensington Vanguard National
Fountains Lighthouse Pointe Ic -- Attorney
Fountains Of Lighthouse $100 --
Silveri Michael S $462,500 Turnkey Title
Brady Richard $655,000 --
Marlin Investment Properties Llc $627,000 Certified Title
Available Not $234,000 --
Rainieri Raymond $100 --
Rainieri Raymond A $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Correa Janete Lucia Andrade $330,000
Previous Owner Andrade Correa Janete Lucia $322,500
Previous Owner Fountains Lighthouse Pointe Ic $610,000
Previous Owner Silveri Michael S $370,000
Previous Owner Marlin Investment Properties Llc $439,000
Previous Owner Mcdermott Gregory $57,750
Previous Owner Rainieri Raymond A $110,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2018 09/21/18 Sold $430,000 -4.3% $160 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
07/31/2018 07/31/18 For Sale $449,500 -- $167 / 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 $14,709 $805,430 $160,260 $645,170
2024 $13,981 $725,300 $80,130 $645,170
2023 $13,981 $532,050 $0 $0
2022 $12,235 $483,690 $0 $0
2021 $10,219 $439,720 $80,130 $359,590
2020 $10,034 $439,720 $80,130 $359,590
2019 $9,414 $405,530 $80,130 $325,400
2018 $8,168 $353,890 $80,130 $273,760
2017 $6,808 $271,780 $0 $0
2016 $6,293 $247,080 $0 $0
2015 $4,686 $224,620 $0 $0
2014 $4,361 $204,200 $0 $0
2013 -- $197,590 $80,130 $117,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10512776

MIAMI REALTORS® MLS

APN: 48-43-19-10-0300