NOT LISTED FOR SALE
3.5 Acres
-- Price per Acre
152,460 Sq Ft Lot

Last Sold October 26, 2016

Last sale price $5,800,000

1 Day on Market

Highlights

  • 3.5 Acre Lot
  • Corner Lot
  • 4-minute walk to Kaye Stevens Park

About This Lot

As of October 2016

OWNER FINANCING AVAILABLE. COMPLETELY RENOVATED, AAA OFFICE SPACE, PERFECT FOR CORPORATE OFFICES OR CALL CENTER. RARE FIND. CORNER OF MAJOR INTERSECTION. ALL BRAND NEW UTILITIES. 350 PARKING SPACES. COMPLETELY GATED. OVER 38000 SQ FT UNDER AIR. EXECUTE WI NG FEATURING GOURMET KITCHEN, PRIVATE BATHROOMS, PROFESSIONALLY DECORATED, CROWN MOLDING, DESIGNER PAINT, CUSTOM FLOORING THROUGHOUT. CAFETERIA, 3 BALCONIES, CONFERENCE ROOMS, SERVER ROOM W/BATTERY POWERED BACKUP SYSTEM, GENERATOR FOR THE ENTIRE BUILDING

Last Agent to Sell the Property

Rhonda Koussevitzky

Berkshire Hathaway Florida Realty License #0618626 Listed on: 10/24/2016

Berkshire Hathaway Florida Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $112,901

Lot Details

  • 3.5 Acre Lot
  • Property fronts a state road
  • Corner Lot
  • Paved or Partially Paved Lot
  • Property is zoned OFFICE

Location

  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 484230050010

Property Details

Property Type

Land

Est. Annual Taxes

$112,901

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Business
  • Property Sub Type Additional: Commercial
  • Directions: CORNER OF ROYAL PALM BOULEVARD AND US441 ON THE SOUTHEAST CORNER. 1-95 TO COPANS ROAD EXIT WEST TO US-441.
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Corner Lot, City Lot
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Phone Available, Water Available
  • Water Source: Public

Lot Info

  • Parcel #: 484230050010
  • Current Use: Commercial
  • Lot Size Acres: 3.5
  • Lot Size Sq Ft: 38300.0
  • Zoning Description: OFFICE
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 112901.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2019
Sold by
Tvc Margate Co Llc
Bought by
175 Executive House Llc

Purchase Details

Listed on
Oct 24, 2016
Closed on
Oct 20, 2016
Sold by
Vicj Corporate Plaza Llc
Bought by
Tvr Margate Co Llc
Seller's Agent
Rhonda Koussevitzky
Berkshire Hathaway Florida Realty
List Price
$5,900,000
Sold Price
$5,800,000
Premium/Discount to List
-$100,000
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,430,000
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 21, 2010
Sold by
2000 N State Road 7 Margate Llc
Bought by
Vicj Corporate Plaza Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
4.74%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 10, 2009
Sold by
Royal Petroleum Inc
Bought by
2000 N State Road 7 Margate Llc

Purchase Details

Closed on
May 22, 2003
Sold by
Rlc Ltd
Bought by
Royal Petroleum Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,475,000
Interest Rate
5.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 22, 1986
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
175 Executive House Llc $6,590,000 Attorney
Tvr Margate Co Llc $5,800,000 None Available
Vicj Corporate Plaza Llc $3,200,000 Attorney
2000 N State Road 7 Margate Llc -- None Available
Royal Petroleum Inc $3,300,000 --
Available Not $1,465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tvr Margate Co Llc $5,430,000
Previous Owner Vicj Corporate Plaza Llc $1,600,000
Previous Owner Royal Petroleum Inc $2,475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2016 10/26/16 Sold $5,800,000 -1.7% --
10/24/2016 10/24/16 For Sale $5,900,000 -- --
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 $108,337 $4,846,650 $2,956,660 $1,889,990
2024 $107,279 $4,846,650 $2,956,660 $1,889,990
2023 $107,279 $4,755,680 $2,956,660 $1,799,020
2022 $122,334 $5,531,870 $2,534,280 $2,997,590
2021 $122,935 $5,531,870 $2,534,280 $2,997,590
2020 $122,751 $5,532,210 $2,534,280 $2,997,930
2019 $124,514 $6,196,510 $2,533,920 $3,662,590
2018 $53,290 $2,533,920 $2,533,920 $0
2017 $114,662 $4,877,430 $0 $0
2016 $77,732 $3,123,350 $0 $0
2015 $75,429 $3,023,210 $0 $0
2014 $77,928 $3,086,320 $0 $0
2013 -- $3,023,480 $1,614,060 $1,409,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10036659

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-30-05-0010