NOT LISTED FOR SALE

2624 Avenue S Unit P Riviera Beach, FL 33404

Pleasant Heights Neighborhood

Estimated Value: $279,000 - $628,000

8 Beds
4 Baths
756 Sq Ft
$676/Sq Ft Est. Value

Last Sold December 08, 2015

Last sale price $51,000 $67 Per Sq Ft

Est. 902% increase in value since last sale

Current estimated payment $3,327/month

26 Days on Market

Highlights

  • Central Heating
  • Concrete Flooring
  • 5-minute walk to Cunningham Park

About This Home

As of December 2015

Great Handyman special CBS 4 units Need rehab. not a shortsale/reo lot of potential. total 8 beds 4 baths signed contract today close in 7-10 days only need to paint and landscape to address code enforcement. Property sold as is, once completed potential monthly income of $2800 to $3600 average rent in area $700-900 per unit. Please mention in listing that Property is sold as is. Code violation will need to be resolved by the city after closing. Property will be transferred via a quit claim deed. See attachment with lien search, violation are commercial standard meaning painting, and exterior cleaning.

Last Agent to Sell the Property

Frandy Louis

Selected Homes Realty LLC License #3191574 Listed on: 10/12/2015

Selected Homes Realty LLC

Last Buyer's Agent

Kamal Clarke

Find-A-Home Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $290

Year Built

  • Built in 1966

Lot Details

  • 779 Sq Ft Lot

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 756 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring

Utilities

  • No Cooling
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $38,400
  • Assessor Parcel Number 56434229010590130

Community Details

Overview

  • 2 Units
  • Acrehome Park Subdivision

Building Details

  • Operating Expense $3,800
  • Net Operating Income $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$290

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: From I95 east on Blue Heron, Property will be on the right. North on Ave S Last 4plex located on the other side of the street
  • Year Built: 1966
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Concrete
  • Living Area: 756.0

Exterior Features

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Parcel #: 56434229010590130
  • Lot Size Sq Ft: 779.0
  • Zoning Description: Commerci
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 3000.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 3800.0
  • Total Actual Rent: 38400.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 290.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2018
Sold by
Yashar Lipaz
Bought by
Real Estate United Llc
Current Estimated Value
$511,000

Purchase Details

Listed on
Oct 12, 2015
Closed on
Dec 8, 2015
Sold by
Garcon Fred
Bought by
Yashar Lipaz
Seller's Agent
Frandy Louis
Selected Homes Realty LLC
Buyer's Agent
Kamal Clarke
Find-A-Home Inc
List Price
$49,900
Sold Price
$51,000
Premium/Discount to List
$1,100
2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.21%

Purchase Details

Closed on
May 21, 2014
Sold by
U S Bank Na
Bought by
Garcon Fred D

Purchase Details

Closed on
Mar 25, 2014
Sold by
Jpmorgan Chase Bank Na
Bought by
U S Bank National Association

Purchase Details

Closed on
Jul 20, 2006
Sold by
Granitz Christopher B
Bought by
Palm Beach Family Housing Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2006
Sold by
Hardeo Somdath and Hardeo Khatoon
Bought by
Granitz Chistopher B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2003
Sold by
Rjs Investments Inc
Bought by
Hardeo Somdath and Hardeo Khatoon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 1999
Sold by
Sec Of Hud
Bought by
Sawney Shirley and Smith Deletrieco

Purchase Details

Closed on
Jul 9, 1998
Sold by
Star Bank
Bought by
Sec Of Hud

Purchase Details

Closed on
Jun 2, 1998
Sold by
Clerk Of The Court
Bought by
Star Bank
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
Real Estate United Llc -- Os National Llc
Yashar Lipaz $51,000 Attorney
Garcon Fred D $23,000 Landcastle Title Llc
U S Bank National Association $31,285 Landcastle Title Llc
Palm Beach Family Housing Inc -- Amerititle Of South Florida
Granitz Chistopher B $325,000 Amerititle Of S Florida Inc
Hardeo Somdath $323,800 Express Land Title Inc
Sawney Shirley $6,000 --
Sec Of Hud $100 --
Star Bank $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Granitz Chistopher B $227,500
Previous Owner Hardeo Somdath $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2015 12/08/15 Sold $51,000 +2.2% $67 / Sq Ft
11/08/2015 11/08/15 Pending -- -- --
10/12/2015 10/12/15 For Sale $49,900 -- $66 / Sq Ft
Source: BeachesMLS

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
2024 $7,762 $322,102 -- --
2023 $7,229 $292,820 $0 $0
2022 $6,417 $266,200 $0 $0
2021 $1,522 $76,250 $0 $76,250
2020 $1,451 $76,250 $0 $76,250
2019 $1,206 $50,000 $0 $50,000
2018 $422 $15,000 $0 $15,000
2017 $412 $15,000 $0 $0
2016 $382 $12,750 $0 $0
2015 $390 $12,750 $0 $0
2014 $290 $8,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Frandy Louis

    Seller's Agent in 2015

    Frandy Louis

    Selected Homes Realty LLC

    (561) 255-7631

    122 Total Sales

    Frandy Louis
    Section Image

  • K

    Buyer's Agent in 2015

    Kamal Clarke

    Find-A-Home Inc

  • K

    Buyer's Agent in 2015

    Kamal Clarke

    Find-A-Home Inc

    (561) 212-0230

    30 Total Sales

    Kamal Clarke
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10175271

BeachesMLS

APN: 56-43-42-29-01-059-0130

Florida Palm Beach County Riviera Beach 33404 Pleasant Heights

2624 Avenue S Unit P, Riviera Beach, FL

This home is located at 2624 Avenue S Unit P, Riviera Beach, FL 33404 since 12 October 2015 and is currently estimated at $511,000, approximately $675 per square foot. This property was built in 1966. 2624 Avenue S Unit P is a home located in Palm Beach County with nearby schools including Washington Elementary School, John F. Kennedy Middle School, and Palm Beach Gardens Community 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 IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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