NOT LISTED FOR SALE

279 SW 8th St Dania, FL 33004

Estimated Value: $556,754 - $749,000

2 Beds
2 Baths
2,500 Sq Ft
$264/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $435,000 $174 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,457/month

70 Days on Market

Highlights

  • Marble Flooring
  • Central Heating and Cooling System
  • Ceiling Fan
  • Cooling System Mounted To A Wall/Window

About This Home

As of October 2020

Owner Financing Available! Fully Renovated Duplex! Front Unit Is A 3 Bedroom 3 Bath With 2 Master Suites & An Amazing Split Floor Plan. 1st Master Suite Has A Huge Walk-In Closet & Private Entrance. 2nd Master Suite Has A Sitting Den & Access To Private Patio Area. Kitchen Is Updated With Newer Maple Cabinets, Granite Countertops & Full-Sized Pantry. Large Family Room With Brick Gas Fireplace, Marble Flooring Throughout, Oversized Laundry Room & Storage Room. Rear Unit Is 1 Bedroom 1 Bath With A Privacy Fence Surrounding It, Huge Parking Area & Updated Kitchen. Both Units Have Newer Roof, AC, Water Heaters, Electric, Plumbing, Windows & Hurricane Shutters. Projected Gross Income is $44,400. Total Annual expenses $11,588. Projected NOI 7.13%. Located Minutes To The Beach!

Last Agent to Sell the Property

Carlos Montoya

Fidelity Real Estate Group LLC License #0623048 Listed on: 07/10/2020

Co-Listed By

Natasha Q Realtor

Fidelity Real Estate Group LLC License #3320937

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,746

Year Built

  • Built in 1956

Lot Details

  • 7,187

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Marble Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $40,500
  • Rent includes gardener, hot water, sewer, trash collection, water
  • Assessor Parcel Number 514203410130

Community Details

Overview

  • 2 Units
  • Dania Homesites 28 40 B Subdivision

Building Details

  • Net Operating Income $28,912

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,746

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: From Sheridan St & US-1N. Head North On US1 N. Turn left onto SW 10th St. Turn right at the 1st cross street onto SW 2nd Ave. Turn left onto SW 8th St Destination will be on the left
  • Year Built: 1956
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Marble
  • Living Area: 2500.0

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Hot Water, Sewer, Trash Collection, Water

Lot Info

  • Parcel #: 514203410130
  • Zoning Description: RD-8000

Multi Family

  • Property Net Operating Income: 28912.0
  • Number Of Units Total: 2
  • Total Actual Rent: 40500.0

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6746.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Oct 16, 2020
Sold by
Dania Pride 279 Llc
Bought by
Padron Rosalia
Seller's Agent
Carlos Montoya
Fidelity Real Estate Group LLC
List Price
$459,900
Sold Price
$435,000
Premium/Discount to List
-$24,900
-5.41%
Current Estimated Value
$659,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,189
Avg. Annual Appreciation
8.49%
Original Mortgage
$427,121
Outstanding Balance
$379,901
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$279,288

Purchase Details

Closed on
Feb 24, 2016
Sold by
Schmitz Theresa and Pierson Kevin
Bought by
Dania Pride 279 Llc

Purchase Details

Listed on
Jun 8, 2015
Closed on
Feb 1, 2016
Bought by
Dania Pride 279 Llc
Seller's Agent
James Goetz
Bayside REO
Buyer's Agent
Bayside REO
List Price
$109,200
Sold Price
$110,300
Premium/Discount to List
$1,100
1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.62%

Purchase Details

Listed on
Jun 8, 2015
Closed on
Dec 3, 2015
Sold by
Us Bank National Association
Bought by
Schmitz Theresa M and Pierson Kevin M
Seller's Agent
James Goetz
Bayside REO
Buyer's Agent
Bayside REO
List Price
$109,200
Sold Price
$110,300
Premium/Discount to List
$1,100
1.01%

Purchase Details

Closed on
Oct 1, 2014
Sold by
Rivers Kathleen Joyce and Rodriguez Norberto
Bought by
U S Bank National Association

Purchase Details

Closed on
Apr 28, 2006
Sold by
Rivers Kathleen Joyce
Bought by
Rodriguez Norberto and Rivers Kathleen Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 9, 2000
Sold by
Lucci Richard
Bought by
Mcdaniel Rose

Purchase Details

Closed on
Feb 24, 1994
Sold by
Dejean Rene
Bought by
Lucci Richard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,550
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Padron Rosalia $435,000 Attorney
Dania Pride 279 Llc -- Attorney
Dania Pride 279 Llc $100 --
Schmitz Theresa M $110,300 Genesis Title Company
U S Bank National Association -- None Available
Rodriguez Norberto -- Attorney
Rivers Kathleen Joyce $240,000 Attorney
Mcdaniel Rose $75,000 --
Lucci Richard M $69,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padron Rosalia $427,121
Previous Owner Rivers Kathleen Joyce $192,000
Previous Owner Mcdaniel Rose $85,000
Previous Owner Lucci Richard M $62,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2020 10/19/20 Sold $435,000 -5.4% $174 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $459,900 +317.0% $184 / Sq Ft
12/04/2015 12/04/15 Sold $110,300 +1.0% $56 / Sq Ft View Prior Sale
11/04/2015 11/04/15 Pending -- -- --
06/08/2015 06/08/15 For Sale $109,200 -- $56 / 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 $11,706 $569,710 -- --
2024 $11,562 $569,710 $28,800 $501,180
2023 $11,562 $531,930 $0 $0
2022 $10,626 $494,450 $28,800 $465,650
2021 $7,962 $386,120 $28,800 $357,320
2020 $7,007 $331,610 $28,800 $302,810
2019 $6,746 $337,380 $28,800 $308,580
2018 $5,899 $269,880 $28,800 $241,080
2017 $5,268 $210,720 $0 $0
2016 $4,934 $192,050 $0 $0
2015 $4,570 $171,040 $0 $0
2014 $2,918 $61,740 $0 $0
2013 -- $117,130 $23,400 $93,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10237652

BeachesMLS (Greater Fort Lauderdale)

APN: 51-42-03-41-0130