NOT LISTED FOR SALE

Estimated Value: $613,000 - $737,000

-- Bed
-- Bath
2,430 Sq Ft
$281/Sq Ft Est. Value

Last Sold May 22, 2023

Last sale price $630,000 $259 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,677/month

17 Days on Market

Highlights

  • Wood Flooring
  • Heating Available
  • 2-minute walk to Lincoln Park
  • Central Air

About This Home

As of May 2023

This versatile three-unit property in Hollywood offers luxury and investment potential. With two units featuring two full bedrooms, two bathrooms, and a spacious studio rear find. Zoned for RM-18, up to four floors and 18 units can be built. The property boasts a fully fenced yard, ample parking, impact windows and a newer roof. Situated amidst a dynamic and thriving neighborhood, there are several development projects underway in the same block, and surroundings including new townhouses and other exciting projects. Hollywood is experiencing a surge of investor interest, making this the perfect time to own a valuable piece of this highly sought-after real estate market. Please note that the current tenants should not be disturbed, and showings are available only with a contract.

Last Agent to Sell the Property

Daniel Gutierrez

GV Realty Group Corp License #3146448 Listed on: 05/04/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,516

Year Built

  • Built in 1957

Lot Details

  • 10,280

Parking

  • 6 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof
  • Wood Roof

Interior Spaces

  • 2,430 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Utilities

  • Central Air
  • Heating Available
  • Septic Tank
  • Cable TV Available

Community Details

  • 3 Units
  • Hollywood Little Ranches Subdivision

Listing and Financial Details

  • Assessor Parcel Number 514216015200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,516

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Take I 95 and exit in Hollywood blvd, go east. Use your GPS.
  • Year Built: 1957
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Living Area: 2430.0

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 514216015200
  • Zoning Description: RM-18

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7516.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
May 19, 2023
Sold by
Boyce Loraine
Bought by
Lordan Beach Llc
Seller's Agent
Daniel Gutierrez
GV Realty Group Corp
List Price
$649,999
Sold Price
$630,000
Premium/Discount to List
-$19,999
-3.08%
Views
256
Current Estimated Value
$682,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,037
Avg. Annual Appreciation
3.31%

Purchase Details

Closed on
Jan 22, 2007
Sold by
Alvarez Frank
Bought by
Boyce Loraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 1987
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
Lordan Beach Llc $630,000 Complete Choice Title Services
Boyce Loraine $375,000 Attorney
Available Not $60,714 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boyce Loraine $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2023 05/22/23 Sold $630,000 -3.1% $259 / Sq Ft
05/04/2023 05/04/23 For Sale $649,999 -- $267 / 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 $13,066 $572,010 $92,350 $479,660
2024 $8,328 $572,010 $92,350 $479,660
2023 $8,328 $332,240 $0 $0
2022 $7,516 $302,040 $0 $0
2021 $7,014 $274,590 $0 $0
2020 $6,634 $323,320 $92,350 $230,970
2019 $6,039 $322,670 $92,350 $230,320
2018 $5,373 $288,660 $92,350 $196,310
2017 $4,841 $187,560 $0 $0
2016 $4,467 $170,510 $0 $0
2015 $4,104 $155,010 $0 $0
2014 $3,828 $140,920 $0 $0
2013 -- $128,110 $92,350 $35,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10378850

BeachesMLS (Greater Fort Lauderdale)

APN: 51-42-16-01-5200