NOT LISTED FOR SALE

Estimated Value: $1,367,000 - $1,431,000

4 Beds
4 Baths
7,982 Sq Ft
$175/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $2,100,000 $263 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $9,125/month

126 Days on Market

Highlights

  • Oversized Lot
  • Porch
  • Open Patio
  • Bayview Elementary School Rated A
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring

About This Home

As of January 2021

NEWLY PRICED & BRING YOUR OFFERS! Opportunity knocks & it is knocking LOUDLY for the Investor/Developer looking for the perfect "LOCATION, LOCATION, LOCATION" to build new Townhomes, Apartments or Condo project! Zoned RMM-25 & zoned for up to 17 units as per current codes (Could possible approved for more units once taken to Entitlement). These three parcels with income producing rentals sit on a footprint of land w/ approximately 300' of road frontage & 100' deep. Great east of Bayview Drive location on a non-busy street and only two short blocks to The Galleria Mall,Bayview Elementary,George English Park, Publix, Starbucks and not to mention a short walk/bike to the Beach! Most of the units were recently updated that are light & bright.

Last Agent to Sell the Property

Wm. Mobley McClellan

Fisher McClellan Real Estate License #0575920 Listed on: 08/17/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $34,524

Year Built

  • Built in 1952

Lot Details

  • Fenced
  • Oversized Lot

Parking

  • 19 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Shingle Roof
  • Tile Roof
  • Composition Roof

Interior Spaces

  • 7,982 Sq Ft Home
  • 1-Story Property
  • Awning
  • Blinds
  • Tile Flooring

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Coral Ridge Subdivision, 3 Multi Family Bldgs Floorplan
  • Laundry Facilities

Listing and Financial Details

  • Rent includes gardener, sewer, trash collection, water
  • Assessor Parcel Number 494236050030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$34,524

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: Sunrise Blvd to Bayview Drive / North on Bayview Drive to NE 11th Court / East on NE 11th Court to Property located on South Side of Street.
  • Year Built: 1952
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Tile
  • Living Area: 7982.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Fence, Lighting, Porch, Patio, Awning(s)
  • Lot Features: Oversized Lot
  • Pool Features: None
  • Waterfront Features: Boat Ramp/Lift Access
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition, Flat, Shingle, Tile

Garage/Parking

  • Total Parking Spaces: 19.0

Utilities

  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Sewer, Trash Collection, Water
  • Community Features: Non-Gated, Laundry Facilities

Lot Info

  • Parcel #: 494236050030
  • Zoning Description: RMM-25

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 34524.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Jan 19, 2021
Sold by
Harbour Beach Holdings Llc
Bought by
Galizzo Properties Llc
Seller's Agent
Wm. Mobley McClellan
Fisher McClellan Real Estate
List Price
$2,375,000
Sold Price
$2,100,000
Premium/Discount to List
-$275,000
-11.58%
Current Estimated Value
$1,398,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$702,000
Avg. Annual Appreciation
-9.71%
Original Mortgage
$1,400,000
Outstanding Balance
$1,266,554
Interest Rate
2.71%
Mortgage Type
Balloon
Estimated Equity
$47,447

Purchase Details

Closed on
Jan 28, 2019
Sold by
2015 Ne 11Th Court Llc
Bought by
Harbour Beach Holdings Llc

Purchase Details

Closed on
Mar 11, 2014
Sold by
Christi Mary C and Christi Mary Serra
Bought by
2512 Ne 11Th Court Llc

Purchase Details

Closed on
Jan 30, 2012
Sold by
Christi Gino P
Bought by
Christi Mary C

Purchase Details

Closed on
Dec 5, 1995
Sold by
Joseph and Joseph Serra K
Bought by
Christi Mary C and Christi Gino P

Purchase Details

Closed on
Feb 1, 1993
Sold by
Austin Steven E
Bought by
Serra Joseph and Serra Constance K

Purchase Details

Closed on
Feb 1, 1989
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
Galizzo Properties Llc $2,100,000 Attorney
Harbour Beach Holdings Llc $1,800,000 Attorney
2512 Ne 11Th Court Llc $476,000 Attorney
Christi Mary C -- Attorney
Christi Mary C $100 --
Serra Joseph -- --
Available Not $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galizzo Properties Llc $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2021 01/21/21 Sold $2,100,000 0.0% $263 / Sq Ft
01/21/2021 01/21/21 Sold $2,100,000 -11.6% $263 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
12/22/2020 12/22/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $2,375,000 -15.0% $298 / Sq Ft
12/28/2019 12/28/19 For Sale $2,795,000 -- $350 / 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 $18,095 $824,910 -- --
2024 $15,440 $824,910 -- --
2023 $15,440 $681,750 $0 $0
2022 $13,193 $619,780 $199,280 $420,500
2021 $13,516 $594,550 $0 $0
2020 $11,653 $540,500 $199,280 $341,220
2019 $11,430 $564,800 $199,280 $365,520
2018 $11,463 $630,010 $199,280 $430,730
2017 $10,632 $515,310 $0 $0
2016 $9,867 $468,470 $0 $0
2015 $9,027 $425,890 $0 $0
2014 $7,473 $309,730 $0 $0
2013 -- $298,330 $199,280 $99,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10244293

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-36-05-0030