NOT LISTED FOR SALE

2550 SW 5th St Fort Lauderdale, FL 33312

Melrose Manors Neighborhood

Estimated Value: $366,000 - $439,000

3 Beds
1 Bath
1,234 Sq Ft
$329/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $185,000 $150 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,836/month

69 Days on Market

Highlights

  • Sun or Florida Room
  • Circular Driveway
  • Entrance Foyer
  • High Ceiling
  • Laundry Room
  • Tile Flooring

About This Home

As of March 2017

Repriced, seller says sell now! BUYER OPPORTUNITY. A complete rehab 3-bed, 1-bath home in Riverland Fort Lauderdale. Tile floors, freshly painted, new electric, appliances. Eat-in-kitchen, dining room, living room, media room wide-open space. New bathroom with designer tile work, new vanity. Large lot. Backyard fenced. Circular driveway with a carport. Close to it all! The new Broward Blvd WALMART, shopping, restaurants, I95 only blocks away. Easy drive to Downtown Ft Lauderdale. 4-miles to the beach.

Last Agent to Sell the Property

Henri Vezie

One Sotheby's Int'l Realty License #0660561 Listed on: 12/21/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,350

Year Built

  • Built in 1955

Lot Details

  • 0.28 Acre Lot
  • North Facing Home
  • Fenced
  • Property is zoned RS-8

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,234 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Utility Room
  • Laundry Room
  • Tile Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Attached Carport Space
  • Circular Driveway

Schools

  • Riverland Elementary School
  • New River Middle School
  • Stranahan High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Woodland Park Amd 29 18 B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504208030400

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,350

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Broward blvd West of 95 to Sw 24th Ave, South on SW 24th Ave to SW 5th st, West on Sw 5th st to property
  • Year Built: 1955
  • Architectural Style: Detached, One Story
  • Carport Y N: Yes
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, Entrance Foyer, First Floor Entry, High Ceilings, Living/Dining Room
  • Furnished: Unfurnished
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 1234.0
  • Dining Room Type: Florida Room, Laundry, Utility Room
  • Window Features: Blinds, Other

Exterior Features

  • Exterior Features: Fence
  • View: None
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Road Frontage Type: City Street
  • View: No
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: North
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Carport Spaces: 1.0
  • Garage Yn: No
  • Parking Features: Attached Carport, Circular Driveway, Covered

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: No Pet Restrictions, Yes

Schools

  • Elementary School: Riverland
  • High School: Stranahan
  • Middle Or Junior School: New River

Lot Info

  • Parcel #: 504208030400
  • Lot Size Sq Ft: 12018.0
  • Zoning Description: RS-8
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2350.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2016
Closed on
Mar 31, 2017
Sold by
Cpr Jm Llc
Bought by
Lomack Chashia and Lomack Gregory
Seller's Agent
Henri Vezie
One Sotheby's Int'l Realty
List Price
$198,888
Sold Price
$185,000
Premium/Discount to List
-$13,888
-6.98%
Current Estimated Value
$405,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,957
Avg. Annual Appreciation
9.86%
Original Mortgage
$181,649
Outstanding Balance
$153,876
Interest Rate
4.45%
Mortgage Type
FHA
Estimated Equity
$252,081

Purchase Details

Closed on
Sep 19, 2016
Sold by
Alpl Constriction Llc
Bought by
Wythe Capital Trust Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
3.43%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 15, 2016
Sold by
Heneghan James P and Heneghan Kathleen E
Bought by
Dornfest Burotn S and Dornfest Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
3.43%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 14, 2016
Sold by
Wythe Capital Trust Llc
Bought by
Cpr Jm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
3.43%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 8, 2014
Sold by
Bullard Mamie W
Bought by
Bullard Shayla

Purchase Details

Closed on
Jun 28, 2013
Sold by
Pretelt Nicolas
Bought by
Alpi Constructions Llc

Purchase Details

Closed on
Oct 7, 1994
Sold by
Salmon Margarita and Baez Margarita
Bought by
Ford Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,900
Interest Rate
8.46%
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
Lomack Chashia $185,000 Attorney
Wythe Capital Trust Llc $95,000 None Available
Dornfest Burotn S $320,000 None Available
Cpr Jm Llc $105,000 None Available
Wythe Capital Trust Llc $95,000 None Available
Bullard Shayla -- None Available
Alpi Constructions Llc $67,000 Brokers Title Group Llc
Pretelt Nicolas $58,000 Brokers Title Group Llc
Ford Patricia $51,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lomack Chashia $10,112
Open Lomack Chashia $181,649
Previous Owner Cpr Jm Llc $78,000
Previous Owner Ford Patricia $48,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2017 03/31/17 Sold $185,000 -7.0% $150 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
12/21/2016 12/21/16 For Sale $198,888 -- $161 / 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 $7,360 $191,260 -- --
2024 $3,242 $185,870 -- --
2023 $3,242 $180,460 $0 $0
2022 $3,052 $175,210 $0 $0
2021 $2,959 $170,110 $0 $0
2020 $2,905 $167,770 $0 $0
2019 $2,598 $164,000 $0 $0
2018 $2,430 $160,950 $36,050 $124,900
2017 $1,906 $89,300 $0 $0
2016 $2,488 $116,430 $0 $0
2015 $2,350 $105,850 $0 $0
2014 $2,147 $96,230 $0 $0
2013 -- $77,170 $30,050 $47,120
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2017

    Henri Vezie

    One Sotheby's Int'l Realty

    (954) 805-5288

    47 Total Sales

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10044460

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-08-03-0400

Florida Broward County Fort Lauderdale 33312 Melrose Manors

2550 SW 5th St, Fort Lauderdale, FL

This home is located at 2550 SW 5th St, Fort Lauderdale, FL 33312 since 21 December 2016 and is currently estimated at $405,957, approximately $328 per square foot. This property was built in 1955. 2550 SW 5th St is a home located in Broward County with nearby schools including Riverland 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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