NOT LISTED FOR SALE

1941 NE 56th St Fort Lauderdale, FL 33308

Imperial Point Neighborhood

Estimated Value: $698,418 - $1,212,000

4 Beds
4 Baths
2,500 Sq Ft
$383/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $578,000 $231 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $6,413/month

58 Days on Market

Highlights

  • Newly Remodeled
  • No HOA
  • Central Air
  • Floranada Elementary School Rated A-
  • Tile Flooring
  • Heating Available

About This Home

As of April 2019

Bring your 1031 exchange and start collecting TOP rent immediately. This UPDATED Tri-Plex is located in Imperial Point. Two very large one bedroom apartments and one 2 bedroom 2 bath apartment which has the space to convert to a 3 bedroom if desired! Great tenants, all on leases. Nothing to do here. HURRICANE IMPACT WINDOWS AND KITCHEN DOORS THROUGHOUT. BUILDING HAS A NEWER ROOF. Very spacious units set in a serene location.Big walk in closet in the 1 bedroom units. Plenty of parking. Did i mention VERY GOOD TENANTS? Property is in great condition. Easy to see. Unit has 4 meters inside its own meter room(More storage). There is additional storage (Crawl) space in the laundry room.

Last Agent to Sell the Property

Daniel Lubbers

MMLS Assoc.-Inactive Member License #680532 Listed on: 01/31/2019

Last Buyer's Agent

Leyla Semenov

Broward Realty Partners License #0657915

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,504

Year Built

  • Built in 1969 | Newly Remodeled

Lot Details

  • 7,492

Parking

  • 3 Parking Spaces

Home Design

  • Triplex

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $48,000
  • Assessor Parcel Number 494212030150

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Coral Highlands Resub Blk Condos
  • Coral Highlands Resub Blk Subdivision

Building Details

  • Operating Expense $13,287
  • Net Operating Income $34,713

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,504

Year Built

Built in 1969 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1969
  • Property Sub Type: Triplex
  • Architectural Style: Attached
  • Directions: US1 To NE 56th street, go west to property.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: CORAL HIGHLANDS RESUB BLK
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Other
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CORAL HIGHLANDS RESUB BLK
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494212030150
  • Zoning: Multi-Family RMM-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Multi Family

  • Net Operating Income: 34713
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Operating Expense: 13287
  • Total Actual Rent: 48000

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 7504

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2018
Sold by
Soto Jane
Bought by
Amts 1941 Partnership
Current Estimated Value
$957,355

Purchase Details

Listed on
Oct 10, 2011
Closed on
Mar 9, 2012
Sold by
Granit Frank and Reisman Stuart
Bought by
Soto Jane
Seller's Agent
Geraldine Sullivan
Gerry Sullivan & Associates,
Buyer's Agent
Christian Duhaime
RE/MAX Consultants Realty 1
List Price
$235,900
Sold Price
$235,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%

Purchase Details

Closed on
Dec 22, 2011
Sold by
Sofla Compra Inc
Bought by
Granit Frank and Reisman Stuart

Purchase Details

Closed on
Mar 8, 2007
Sold by
Granit Frank and Reisman Stuart
Bought by
Solfa Compra Inc

Purchase Details

Closed on
Oct 4, 2005
Sold by
Munim Amjad and Munim Mary Ellen
Bought by
Granit Frank and Reisman Stuart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 1, 1990
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
Amts 1941 Partnership $578,000 Attorney
Soto Jane $235,900 Town & Country Title Guarant
Granit Frank -- Town & Country Title Guarant
Solfa Compra Inc -- Attorney
Granit Frank $480,000 Multiple
Available Not $111,571 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Granit Frank $384,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $578,000 -8.1% $231 / Sq Ft
01/30/2019 01/30/19 For Sale $629,000 +166.6% $252 / Sq Ft
03/09/2012 03/09/12 Sold $235,900 0.0% $98 / Sq Ft
02/08/2012 02/08/12 Pending -- -- --
10/10/2011 10/10/11 For Sale $235,900 -- $98 / 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 $14,363 $699,460 -- --
2024 $13,256 $699,460 -- --
2023 $13,256 $578,080 $0 $0
2022 $11,447 $525,530 $60,000 $465,530
2021 $10,922 $498,230 $60,000 $438,230
2020 $10,833 $496,050 $60,000 $436,050
2019 $8,297 $419,610 $60,000 $359,610
2018 $7,504 $413,050 $60,000 $353,050
2017 $6,920 $316,510 $0 $0
2016 $6,442 $287,740 $0 $0
2015 $5,832 $261,590 $0 $0
2014 $5,426 $237,810 $0 $0
2013 -- $222,500 $60,000 $162,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Daniel Lubbers

    MMLS Assoc.-Inactive Member

    Section Image
  • Leyla Semenov

    Buyer's Agent in 2019

    Leyla Semenov

    Broward Realty Partners

    (954) 263-9421

    4 in this area

    27 Total Sales

    Leyla Semenov
    Section Image

  • G

    Seller's Agent in 2012

    Geraldine Sullivan

    Gerry Sullivan & Associates,

  • Christian Duhaime

    Buyer's Agent in 2012

    Christian Duhaime

    RE/MAX

    (954) 980-3780

    4 in this area

    82 Total Sales

    Christian Duhaime
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10609973

MIAMI REALTORS® MLS

APN: 49-42-12-03-0150

Florida Broward County Fort Lauderdale 33308 Imperial Point

1941 NE 56th St, Fort Lauderdale, FL

This home is located at 1941 NE 56th St, Fort Lauderdale, FL 33308 since 31 January 2019 and is currently estimated at $957,355, approximately $382 per square foot. This property was built in 1969. 1941 NE 56th St is a home located in Broward County with nearby schools including Floranada Elementary School, James S. Rickards Middle School, and Northeast High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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