NOT LISTED FOR SALE
-- Bed
-- Bath
5,648 Sq Ft
0.3 Acres

Last Sold February 17, 2016

Last sale price $725,000 $128 Per Sq Ft

117 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • No Heating
  • Patio

About This Home

As of February 2016

10 Unit in Beautiful LantanaThis self sustaining property has full 1 bedroom apartments on visible Broadway. Apartments are good size and easy to rent with tile and laundry on site allows convenience for tenants and extra cash for owners. With a fresh coat of paint and recoated parking lot this building is superb sitting on its large corner lot. This property will add favorably to any portfolio.Just South of Lantana Road on Corner of Broadway and Pine Street. All Units are 1 Bedroom / 1 Bath with a large central courtyard. Exterior Just Painted along with re-coating Parking area. Coin Laundry on Site

Last Agent to Sell the Property

Julie Clapp

Continental Properties, Inc. License #3268440 Listed on: 09/22/2015

Last Buyer's Agent

Harriet Rockow

Rickenback Realty Inc License #0598505

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,784

Year Built

  • Built in 1969

Lot Details

  • 0.3

Home Design

  • Composition Roof

Interior Spaces

  • 5,648 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Cable TV Available

Additional Features

  • Patio
  • 0.3 Acre Lot

Listing and Financial Details

  • Total Actual Rent $89,700
  • Rent includes electricity
  • Assessor Parcel Number 40434503100170130

Community Details

Overview

  • 4 Units
  • Lantana Subdivision

Building Details

  • Operating Expense $37,863
  • Net Operating Income $54,837

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,784

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: I-95 to Lantana Road. East to Broadway. South and property is on East side of road
  • Year Built: 1969
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Tile
  • Living Area: 5648.0

Exterior Features

  • Exterior Features: Patio
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Roof: Composition

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available

Condo/Co-op/Association

  • HOA Rent Includes: Electricity
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 40434503100170130
  • Lot Size Sq Ft: 12946.0
  • Zoning Description: R15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 54837.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 37863.0
  • Total Actual Rent: 89700.0

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 10784.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2016 02/17/16 Sold $725,000 -9.4% $128 / Sq Ft
01/18/2016 01/18/16 Pending -- -- --
09/22/2015 09/22/15 For Sale $800,000 -- $142 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10169707

BeachesMLS