2747 Griffin Rd Unit 1-3 Fort Lauderdale, FL 33312
Estimated payment $5,630/month
Highlights
- Water Views
- Tile Flooring
- Central Air
About This Home
Prime triplex for sale on high-demand Griffin Rd, where new vertical development continues to drive strong rental demand and appreciation. Vacancy is rarely an issue. Units are: 2 bedroom 2 bath, 1 bedroom 1 bath, and 1 bedroom 1 bath. All three units generate approx. $7,200/month with annual expenses around $26,000, delivering a near 7% cap rate. Impact windows and doors throughout, central AC systems 7-8 years old. Includes a separate parcel (Folio 504229140062) for a combined approx. 9,300 SF lot. Located in a major opportunity zone with strong upside potential. Won't last.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,849
Year Built
- Built in 1976
Home Design
- Triplex
- Shingle Roof
- Composition Roof
Interior Spaces
- 2,246 Sq Ft Home
- 1-Story Property
- Tile Flooring
- Water Views
Utilities
- Central Air
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 504229140070
- Seller Considering Concessions
Community Details
Overview
- 3 Units
- Avon Heights Subdivision
Building Details
- Operating Expense $26,400
- Net Operating Income $60,000
Map
Home Values in the Area
Average Home Value in this Area
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 | $10,512 | $465,450 | -- | -- |
| 2024 | $9,723 | $460,840 | $25,510 | $435,330 |
| 2023 | $9,723 | $384,680 | $0 | $0 |
| 2022 | $9,106 | $349,710 | $0 | $0 |
| 2021 | $8,301 | $317,920 | $25,510 | $292,410 |
| 2020 | $6,156 | $265,980 | $25,510 | $240,470 |
| 2019 | $5,711 | $235,410 | $25,510 | $209,900 |
| 2018 | $5,338 | $222,960 | $25,510 | $197,450 |
| 2017 | $4,879 | $141,460 | $0 | $0 |
| 2016 | $4,543 | $128,600 | $0 | $0 |
| 2015 | $4,234 | $116,910 | $0 | $0 |
| 2014 | $3,744 | $106,290 | $0 | $0 |
| 2013 | -- | $108,620 | $25,510 | $83,110 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/21/2025 11/21/25 | For Sale | $895,000 | -- | $398 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $430,000 | Title Alliance Professionals | |
| Warranty Deed | $159,000 | Titleco Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $344,000 | Credit Line Revolving | |
| Previous Owner | $159,000 | Commercial |
Source: BeachesMLS
MLS Number: R11142925
APN: 50-42-29-14-0070
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