Estimated payment $6,366/month
About This Lot
The property at 224 SE 9th Ct. is a multifamily 4-plex located on a 9,903 SF lot within the Central RAC zoning district. This zoning designation allows redevelopment potential of up to 12 residential units. Current Configuration: 3 studio units, 1 (1/1). 2 units are on M-T-M leases. Units #1 and #3 have one-year leases that started in October and December 2024. The Southeastern Corridor of Hallandale is experiencing significant new development, with upscale office, retail, and residential projects transforming the area into a high-end mixed-use hub. Major Redevelopment Potential: Given its Central RAC zoning, the property has the flexibility to be expanded into a higher-density residential development, which is attractive for investors looking to capitalize on the area's growth.
Property Details
Property Type
- Land
Est. Annual Taxes
- $11,200
Lot Details
- 9,903 Sq Ft Lot
- Beach Front
- Property is zoned RM-18
Additional Features
- City Lot
- Cable TV Available
Community Details
- Hallandale Park 5 20 B Subdivision
Listing and Financial Details
- Assessor Parcel Number 514227140920
Home Values in the Area
Average Home Value in this Area
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 | $11,262 | $466,460 | -- | -- |
| 2024 | $10,594 | $466,460 | -- | -- |
| 2023 | $10,594 | $385,510 | $0 | $0 |
| 2022 | $8,987 | $350,470 | $0 | $0 |
| 2021 | $7,816 | $318,610 | $0 | $0 |
| 2020 | $7,347 | $337,280 | $59,420 | $277,860 |
| 2019 | $6,848 | $311,300 | $59,420 | $251,880 |
| 2018 | $6,148 | $303,790 | $59,420 | $244,370 |
| 2017 | $5,259 | $217,630 | $0 | $0 |
| 2016 | $4,950 | $197,850 | $0 | $0 |
| 2015 | $4,446 | $179,870 | $0 | $0 |
| 2014 | $3,929 | $163,520 | $0 | $0 |
| 2013 | -- | $148,660 | $59,420 | $89,240 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2025 04/07/25 | Price Changed | $999,000 | 0.0% | $413 / Sq Ft |
| 04/07/2025 04/07/25 | Price Changed | $999,000 | -9.2% | -- |
| 02/07/2025 02/07/25 | For Sale | $1,100,000 | 0.0% | -- |
| 02/07/2025 02/07/25 | For Sale | $1,100,000 | -- | $455 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $300,000 | Commercial |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10485772
APN: 51-42-27-14-0920
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