NOT LISTED FOR SALE

228 SW 8th St Fort Lauderdale, FL 33315

Tarpon River Neighborhood

Estimated Value: $877,000 - $1,102,000

8 Beds
4 Baths
2,940 Sq Ft
$337/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $427,500 $145 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $6,643/month

53 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • No Heating
  • Tile Flooring

About This Home

As of September 2018

Superb location, in highly desirable "Tarpon River", quiet and quaint neighborhood, close to beaches, airport, Los Olas and downtown and 595/95. Excellent investment opportunity, large fourplex 8 bedrooms/4 bathrooms. Exceptional rental history, all units are leased. Excellent income producing investment. Please do not disturb the tenants. Access to units will be provided, upon execution of a contract, with buyer's right to inspect.

Last Agent to Sell the Property

Derreck Lambert

Century 21 Tenace Realty License #3590781 Listed on: 06/22/2018

Century 21 Tenace Realty

Last Buyer's Agent

Derreck Lambert

Century 21 Tenace Realty License #3590781 Listed on: 06/22/2018

Century 21 Tenace Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,303

Year Built

  • Built in 1969

Lot Details

  • 6,926

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,940 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Utilities

  • Cooling Available
  • No Heating
  • Cable TV Available

Community Details

  • 4 Units
  • Ft Lauderdale Land & Dev Subdivision

Listing and Financial Details

  • Rent includes gardener, pest control
  • Assessor Parcel Number 504210121612

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,303

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: Broward Blvd, to Avenue of the arts (7th Avenue), head south to 10th street, go west on 10th street (dead end at the river) Fourplex is located on the north/east comer of 10th st. and 8 Avenue.
  • Year Built: 1969
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2940.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Pest Control

Lot Info

  • Parcel #: 504210121612
  • Zoning Description: RD-15

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7303.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2018
Closed on
Sep 13, 2018
Sold by
Sharpe Barrington and Sharpe Barrington I
Bought by
Tgcg Holdings Llc
Seller's Agent
Derreck Lambert
Century 21 Tenace Realty
Buyer's Agent
Derreck Lambert
Century 21 Tenace Realty
List Price
$619,900
Sold Price
$427,500
Premium/Discount to List
-$192,400
-31.04%
Current Estimated Value
$989,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$562,167
Avg. Annual Appreciation
11.36%

Purchase Details

Closed on
Feb 4, 2016
Sold by
Porter Keith Desmond
Bought by
Sharpe Barrington

Purchase Details

Closed on
Sep 1, 2012
Sold by
022 Southwest 8Th Avenue Trust
Bought by
Porter Keith Desmond

Purchase Details

Closed on
Feb 7, 1997
Sold by
Harris Melvina J
Bought by
Sharpe Barrington I and Sharpe Chevadene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
7.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 1996
Sold by
James Melvina and Harris Melvina James
Bought by
Harris Melvina J and James Melvina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.29%
Mortgage Type
Commercial
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
Tgcg Holdings Llc $427,500 Attorney
Sharpe Barrington -- None Available
Porter Keith Desmond -- None Available
022 Southwest 8Th Avenue Trust -- None Available
Sharpe Barrington I $147,500 --
Harris Melvina J $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sharpe Barrington I $205,000
Previous Owner Harris Melvina J $15,000
Previous Owner Harris Melvina J $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2018 09/14/18 Sold $427,500 -31.0% $145 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $619,900 -- $211 / 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 $15,014 $736,230 -- --
2024 $14,170 $736,230 -- --
2023 $14,170 $608,460 $0 $0
2022 $12,272 $553,150 $0 $0
2021 $11,230 $502,870 $0 $0
2020 $10,296 $477,750 $34,590 $443,160
2019 $8,968 $415,600 $34,590 $381,010
2018 $8,015 $405,710 $34,590 $371,120
2017 $7,303 $339,870 $0 $0
2016 $5,561 $217,360 $0 $0
2015 $4,804 $197,600 $0 $0
2014 $4,489 $179,640 $0 $0
2013 -- $171,750 $34,590 $137,160
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Derreck Lambert

    Century 21 Tenace Realty

    (561) 870-2484

    2 Total Sales

    Derreck Lambert
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10128814

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-10-12-1612

Florida Broward County Fort Lauderdale 33315 Tarpon River

228 SW 8th St, Fort Lauderdale, FL

This home is located at 228 SW 8th St, Fort Lauderdale, FL 33315 since 22 June 2018 and is currently estimated at $989,667, approximately $336 per square foot. This property was built in 1969. 228 SW 8th St is a home located in Broward County with nearby schools including Croissant Park Elementary School, New River Middle School, and Stranahan 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.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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