NOT LISTED FOR SALE

Estimated Value: $4,918,000 - $12,943,092

0.23 Acre
$38,828,461 Price per Acre
10,019 Sq Ft Lot

Last Sold August 25, 2014

Last sale price $2,400,000 $235 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $27,986/month

340 Days on Market

Highlights

  • Ocean Front
  • Bayview Elementary School Rated A
  • 1-minute walk to Loggerhead Park

About This Lot

As of August 2014

Fort Lauderdale's Only Ocean Front Homes. This Lot At 62.5 Feet Wide Creates A House Foot Print 30% Wider Than The Normal 50 Foot Lot. Rare Seawall Still Standing In Excellent Shape. This Lot Can Be Purchased With Adjoining 62.5' Wide Lot From Same Owner Creating 125' Of Oceanfront Living. Builder Standing By With Plans To Match Your Vision...

Last Agent to Sell the Property

Larry Revier

TrustLarry Real Estate License #455721 Listed on: 08/19/2013

Last Buyer's Agent

Larry Revier

RE/MAX Preferred

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,408

Year Built

  • Built in 1959

Lot Details

  • 10,019 Sq Ft Lot
  • Ocean Front
  • East Facing Home
  • Site Plan Filed

Interior Spaces

  • 10,217 Sq Ft Home
  • Ocean Views

Location

  • Flood Zone Lot

Listing and Financial Details

  • Assessor Parcel Number 494330010130

Community Details

Overview

  • Lauderdale Beach Subdivision

Recreation

  • Property has ocean access

Property Details

Property Type

Land

Est. Annual Taxes

$12,408

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Residential
  • Property Sub Type Additional: Residential
  • Year Built: 1959
  • Special Features: None

Exterior Features

  • View: Ocean
  • Lot Features: Flood Zone, < 1/4 Acre
  • Waterfront Features: Beach Access, Ocean Access, Ocean Front, Water Access
  • Waterfront: Yes
  • Direction Faces: East

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available
  • Water Source: Public

Lot Info

  • Parcel #: 494330010130
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.23
  • Number Of Lots: 1
  • Zoning Description: RESIDENT

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 12408.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2013
Closed on
Aug 25, 2014
Sold by
Hechavarria Sandra J
Bought by
Cross Kc and 2700 N Atlantic Land Trust
Seller's Agent
Larry Revier
TrustLarry Real Estate
Buyer's Agent
Larry Revier
RE/MAX Preferred
List Price
$2,950,000
Sold Price
$2,400,000
Premium/Discount to List
-$550,000
-18.64%
Current Estimated Value
$4,322,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,922,000

Purchase Details

Closed on
Aug 28, 2006
Sold by
Hechavarria Sandra and Hechavarria Antonio
Bought by
Hechavarria Sandra J and Sandra J Hechavarria Revocable Living Tr

Purchase Details

Closed on
Dec 24, 1997
Sold by
2700 North Atlantic Blvd Corp
Bought by
Hechavarria Sandra

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
7.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 1996
Sold by
Farrello Barbara
Bought by
2700 North Atlantic Blvd Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1
Interest Rate
6.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 1994
Sold by
Farrello Anthony J
Bought by
Farrello Barbara
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
Cross Kc $2,700,000 Attorney
Cross Kc $2,400,000 Attorney
Hechavarria Sandra J -- Attorney
Hechavarria Sandra $675,000 --
2700 North Atlantic Blvd Corp $590,000 --
Farrello Barbara -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2700 North Atlantic Blvd Corp $300,000
Previous Owner 2700 North Atlantic Blvd Corp $1
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2014 08/25/14 Sold $2,400,000 -18.6% $235 / Sq Ft
07/26/2014 07/26/14 Pending -- -- --
08/19/2013 08/19/13 For Sale $2,950,000 -- $289 / 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 $218,390 $12,125,000 -- --
2024 $215,117 $11,783,290 -- --
2023 $215,117 $11,440,090 $0 $0
2022 $205,561 $11,106,890 $0 $0
2021 $199,812 $10,783,390 $0 $0
2020 $196,015 $10,634,510 $0 $0
2019 $192,746 $12,744,720 $3,294,720 $9,450,000
2018 $42,461 $2,338,870 $2,338,870 $0
2017 $40,581 $2,196,500 $0 $0
2016 $41,849 $2,196,500 $0 $0
2015 $39,883 $2,033,800 $0 $0
2014 $16,105 $675,110 $0 $0
2013 -- $613,740 $613,740 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1251823

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-30-01-0130