NOT LISTED FOR SALE

Estimated Value: $1,587,000 - $1,713,000

0.18 Acre
$9,170,372 Price per Acre
8,000 Sq Ft Lot

Last Sold August 20, 2024

Last sale price $1,600,000 $648 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $9,782/month

119 Days on Market

About This Lot

As of August 2024

Extremely Rare opportunity. Waterfront Parcel of Land in the most desirable Location in South Florida.
Seller is in the process completing Architectural plans. Architectural Plans can be sold with a higher price.
80 feet of deep wide ocean access waterfront with a 60 foot dock for your boat. Newer seawall cap and dock done in 2021.

Last Agent to Sell the Property

Padrake Burrell

United Realty Group, Inc License #3203954 Listed on: 03/04/2024

Last Buyer's Agent

Paul Preston

United Realty Group - Weston License #3191601

United Realty Group - Weston

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,537

Lot Details

  • 8,000 Sq Ft Lot
  • 80 Feet of Waterfront
  • North Facing Home
  • Property is zoned RS-3

Property Views

  • Water Views

Listing and Financial Details

  • Assessor Parcel Number 484307090900

Community Details

Overview

  • Coral Key Villas 2Nd Sec Subdivision

Recreation

  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$25,537

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Residential
  • Property Sub Type Additional: Residential
  • Directions: Federal Highway to NE 48th St then east to Lighthouse Drive. Left to NE 48th Ct then East to property on right.
  • Special Features: VirtualTour

Exterior Features

  • View: Water
  • Road Frontage Type: Waterfront
  • Lot Features: < 1/4 Acre
  • Waterfront Features: Beach Access, Canal Access, Dock Access, No Fixed Bridges, Ocean Access, Seawall, Water Access
  • Waterfront: Yes
  • Direction Faces: North

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 484307090900
  • Development Status: Other
  • Lot Size: 8000
  • Lot Size Sq Ft: 8000.0
  • Number Of Lots: 1
  • Zoning Description: RS-3
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 25537.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Aug 9, 2024
Sold by
Odunlami Henry B and Odunlami Ifeoma
Bought by
Rising Group Partners Llc
Seller's Agent
Padrake Burrell
United Realty Group, Inc
Buyer's Agent
Paul Preston
United Realty Group - Weston
List Price
$1,950,000
Sold Price
$1,600,000
Premium/Discount to List
-$350,000
-17.95%
Views
22
Current Estimated Value
$1,650,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,667
Avg. Annual Appreciation
4.06%
Original Mortgage
$2,938,824
Outstanding Balance
$2,918,730
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
-$1,263,730

Purchase Details

Listed on
Nov 11, 2015
Closed on
Jun 20, 2016
Sold by
Colombo Costantino A and Colombo Silvana M
Bought by
Cunha Edvar
Seller's Agent
Cathy Prenner
Compass Florida LLC
Buyer's Agent
Cathy Prenner
Campbell & Rosemurgy
List Price
$799,000
Sold Price
$687,500
Premium/Discount to List
-$111,500
-13.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.89%
Original Mortgage
$618,750
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 13, 2012
Sold by
Colombo Costantino A and Colombo Silvana M
Bought by
Colombo Constantino A and Colombo Silvana M

Purchase Details

Closed on
Jul 1, 1985
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Similar Property in Lighthouse Point, FL

  • 3801 NE 24th Ave, Lighthouse Point, FL 33064

    $1,650,000

    • Land
    • 0.19 Acre
    • $8,684,211 per Acre
    • 3801 NE 24th Ave
    • Lighthouse Point, FL

    This property is south of 39th street just off the South Grand Canal. This is a great property to build your new home on. It is close to the Lighthouse Point Yacht club and all the amenities Lighthouse Point has to offer.

    Cathy Prenner Compass Florida LLC

    Section Image

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
Rising Group Partners Llc $1,600,000 Weston Title & Escrow
Cunha Edvar $687,500 Attorney
Colombo Constantino A -- Attorney
Available Not $82,143 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rising Group Partners Llc $2,938,824
Previous Owner Cunha Edvar $618,750
Previous Owner Colombo Costantino $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2024 08/20/24 Sold $1,600,000 -3.0% $648 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
06/20/2024 06/20/24 Price Changed $1,650,000 -5.7% $669 / Sq Ft
04/01/2024 04/01/24 Price Changed $1,750,000 -10.3% $709 / Sq Ft
03/05/2024 03/05/24 For Sale $1,950,000 +25.0% $790 / Sq Ft
05/06/2022 05/06/22 Sold $1,560,000 -7.1% $632 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $1,680,000 +144.4% $681 / Sq Ft
06/20/2016 06/20/16 Sold $687,500 -14.0% $279 / Sq Ft
05/21/2016 05/21/16 Pending -- -- --
11/11/2015 11/11/15 For Sale $799,000 -- $324 / 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 $7,456 $1,400,000 $1,400,000 --
2024 $25,538 $1,400,000 $1,400,000 --
2023 $25,538 $1,353,610 $400,000 $953,610
2022 $15,416 $764,980 $0 $0
2021 $13,547 $695,440 $400,000 $295,440
2020 $13,215 $681,460 $400,000 $281,460
2019 $12,944 $662,600 $400,000 $262,600
2018 $12,343 $655,420 $400,000 $255,420
2017 $12,473 $655,420 $0 $0
2016 $12,206 $625,350 $0 $0
2015 $12,237 $629,390 $0 $0
2014 $4,945 $285,570 $0 $0
2013 -- $424,490 $320,000 $104,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10427176

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-07-09-0900