NOT LISTED FOR SALE

Estimated Value: $437,834 - $647,000

4 Beds
4 Baths
1,964 Sq Ft
$292/Sq Ft Est. Value

Last Sold May 30, 2018

Last sale price $280,000 $143 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,771/month

14 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Partial Panel Shutters or Awnings
  • Tile Flooring
  • 1-Story Property

About This Home

As of May 2018

Wonderful opportunity for the savvy investor or homeowner looking to earn income while residing next door!
This duplex is larger than most in the area and each side is set up as a 2 bedroom 2 bathroom, which is very rare, while most units only have 1 bathroom! Property has separate Electric meters and same water meter. Units each feature a utility room in the back for Washer/Dryer hook up. Lots of extra storage onsite. Property is located minutes from the beaches, downtown Hollywood, Fort Lauderdale International Airport, Hard Rock hotel, shopping and dining. Great potential Rental Income from each side with strong cap rate. Priced to sell!

Last Agent to Sell the Property

Nicole Miller

Realty 100 License #3309568 Listed on: 04/05/2018

Realty 100

Last Buyer's Agent

Andrea Prichici

Beachfront Realty Inc License #3038470

Beachfront Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,222

Year Built

  • Built in 1970

Lot Details

  • 7,492

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,964 Sq Ft Home
  • 1-Story Property
  • Partial Panel Shutters or Awnings

Flooring

  • Tile
  • Terrazzo
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units
  • Hollywood Terrace Condos
  • Hollywood Terrace Subdivision

Listing and Financial Details

  • Rent includes gardener, trash collection, water
  • Assessor Parcel Number 514209030250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,222

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1970
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Directions: I95 to Hollywood BLVD East to N 24th Ave North to Grant East and Duplex is on Left next to Church
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: HOLLYWOOD TERRACE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other, Terrazzo, Tile, Vinyl
  • Living Area: 1964
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Partial Panel Shutters/Awnings

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HOLLYWOOD TERRACE
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514209030250
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Trash Collection, Water

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2222

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2018
Closed on
May 30, 2018
Sold by
Cupe Salvatore and Cupe Elizabeth
Bought by
Candale Lacretia
Seller's Agent
Nicole Miller
Realty 100
Buyer's Agent
Andrea Prichici
Beachfront Realty Inc
List Price
$325,000
Sold Price
$280,000
Premium/Discount to List
-$45,000
-13.85%
Current Estimated Value
$574,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,209
Avg. Annual Appreciation
10.16%

Purchase Details

Closed on
Dec 19, 2005
Sold by
Cupo Salvatore and Cupo Josephine
Bought by
Cupo Salvatore and Cupo Elizabeth G

Purchase Details

Closed on
Dec 9, 1998
Sold by
Marano Nin and Marano William
Bought by
Cupo Salvatore and Cupo Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 1, 1992
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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Average Value
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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
Candale Lacretia $280,000 Attorney
Cupo Salvatore -- Florida First Title Services
Cupo Salvatore $120,000 --
Available Not $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cupo Salvatore $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2018 05/30/18 Sold $280,000 -13.8% $143 / Sq Ft
04/04/2018 04/04/18 For Sale $325,000 -- $165 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $9,017 $422,580 -- --
2024 $8,273 $422,580 -- --
2023 $8,273 $349,250 $0 $0
2022 $7,370 $317,500 $0 $0
2021 $6,631 $288,640 $67,500 $221,140
2020 $6,109 $264,050 $67,500 $196,550
2019 $6,183 $264,050 $67,500 $196,550
2018 $2,497 $176,660 $0 $0
2017 $2,222 $111,500 $0 $0
2016 $2,142 $106,600 $0 $0
2015 $2,009 $103,040 $0 $0
2014 $1,922 $99,690 $0 $0
2013 -- $127,500 $67,500 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10444913

MIAMI REALTORS® MLS

APN: 51-42-09-03-0250