NOT LISTED FOR SALE

195 E 27th St Unit 1 Riviera Beach, FL 33404

Inlet Shores Neighborhood

Estimated Value: $394,000 - $548,000

3 Beds
3 Baths
1,904 Sq Ft
$247/Sq Ft Est. Value

Last Sold June 11, 2016

Last sale price $194,065 $102 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,804/month

298 Days on Market

About This Home

As of June 2016

Great opportunity to own this multifamily building with three units and rented an average of $750.00 each. This multifamily building is one of five with a total of 20 units. This is package of five with RX-10152723, 10152724, 10152726, 10152737. OCCUPANCIES AND RENTS WILL BE CONFRIMED AT TIME OF CONTRACT. All rents are subject to change and will be confirmed with seller and buyer at time of contract.

Last Agent to Sell the Property

Wayne Searson

Premier Brokers International License #3238109 Listed on: 07/14/2015

Premier Brokers International

Last Buyer's Agent

Albert Smith

Landstar Real Estate Inc License #3236973

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,672

Year Built

  • Built in 1962

Lot Details

  • 4,902 Sq Ft Lot

Home Design

  • Triplex

Interior Spaces

  • 1,904 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Listing and Financial Details

  • Total Actual Rent $26,700
  • Assessor Parcel Number 56434228130000420

Community Details

Overview

  • 3 Units
  • Inlet Shores Subdivision

Building Details

  • Operating Expense $15,488
  • Net Operating Income $11,512

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,672

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Take I-95 east on Blue Heron right
  • Year Built: 1962
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Living Area: 1904.0

Exterior Features

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

Utilities

  • Cooling: Other
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 56434228130000420
  • Lot Size: 50.0 ft x 0.0 ft
  • Lot Size Sq Ft: 4902.0
  • Zoning Description: RMH15

Multi Family

  • Property Net Operating Income: 11512.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 15488.0
  • Total Actual Rent: 26700.0

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1672.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2015
Closed on
Jun 8, 2016
Sold by
Mccloskey Joseph and Macdonald Kathleen Carissa
Bought by
Walton Blvd Llc
Seller's Agent
Wayne Searson
Premier Brokers International
Buyer's Agent
Albert Smith
Landstar Real Estate Inc
List Price
$225,000
Sold Price
$194,065
Premium/Discount to List
-$30,935
-13.75%
Current Estimated Value
$471,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,935
Avg. Annual Appreciation
9.70%

Purchase Details

Listed on
Jul 14, 2015
Closed on
Jun 7, 2016
Sold by
Helen Goerickle
Bought by
Mccloskey Joseph
Seller's Agent
Wayne Searson
Premier Brokers International
Buyer's Agent
Albert Smith
Landstar Real Estate Inc
List Price
$225,000
Sold Price
$194,065
Premium/Discount to List
-$30,935
-13.75%

Purchase Details

Closed on
May 6, 2015
Sold by
Mccloskey Joseph
Bought by
Meridian Trust Llc

Purchase Details

Closed on
Jun 27, 2006
Sold by
Mccloskey Gail
Bought by
Mccloskey Joseph
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Walton Blvd Llc $880,000 Suncoast Title Of Wellington
Mccloskey Joseph -- Suncoast Title Of Wellington
Meridian Trust Llc $17,000 Pinnacle Land & Title Inc
Mccloskey Joseph -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2016 06/11/16 Sold $194,065 -13.7% $102 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
07/18/2015 07/18/15 For Sale $225,000 -- $118 / 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 $4,091 $160,969 -- --
2024 $4,091 $146,335 -- --
2023 $3,876 $133,032 $0 $0
2022 $3,440 $120,938 $0 $0
2021 $3,119 $173,453 $41,850 $131,603
2020 $2,849 $152,683 $32,400 $120,283
2019 $2,725 $149,173 $28,890 $120,283
2018 $2,267 $111,203 $27,662 $83,541
2017 $2,108 $100,000 $24,054 $75,946
2016 $1,956 $68,267 $0 $0
2015 $1,784 $62,061 $0 $0
2014 $1,672 $56,419 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wayne Searson

    Seller's Agent in 2016

    Wayne Searson

    Premier Brokers International

    (561) 635-2155

    4 Total Sales

    Wayne Searson
    Section Image

  • A

    Buyer's Agent in 2016

    Albert Smith

    Landstar Real Estate Inc

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10152732

BeachesMLS (Greater Fort Lauderdale)

APN: 56-43-42-28-13-000-0420

Florida Palm Beach County Riviera Beach 33404 Inlet Shores

195 E 27th St Unit 1, Riviera Beach, FL

Not Listed for Sale

MultiFamily

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