NOT LISTED FOR SALE

2821 NE 48th St Lighthouse Point, FL 33064

Estimated Value: $1,620,055 - $4,788,000

0.2 Acre
$15,292,570 Price per Acre
8,800 Sq Ft Lot

Last Sold October 19, 2015

Last sale price $750,000 $261 Per Sq Ft

Est. 308% increase in value since last sale

Current estimated payment $17,659/month

240 Days on Market

Highlights

  • 80 Feet of Waterfront
  • No HOA
  • Paved or Partially Paved Lot
  • Property has ocean access

About This Lot

As of October 2015

80' Ocean access lot with no fixed bridges to the ocean, and just 4 houses from the intracoastal. Recently several multi-million dollar homes have been built or are completing construction on this street. Seawall work has been completed and lot is ready to build on. Survey and environmental reports available upon request. Blueprints for 5058 SF home negotiable.

Last Agent to Sell the Property

Julie Mahfood

Douglas Elliman License #3124033 Listed on: 01/05/2015

Douglas Elliman

Last Buyer's Agent

David Saindon

RE/MAX Experience License #3190567

RE/MAX Experience

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,180

Lot Details

  • 8,800 Sq Ft Lot
  • Lot Dimensions are 80x110
  • 80 Feet of Waterfront
  • Home fronts a canal
  • South Facing Home
  • Paved or Partially Paved Lot
  • Site Plan Filed

Location

  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 484318120530

Community Details

Overview

  • No Home Owners Association
  • Coral Key Villas 6Th Sec Subdivision

Recreation

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

Property Details

Property Type

Land

Est. Annual Taxes

$8,180

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Directions: FEDERAL HIGHWAY NORTH OF SAMPLE RD. TO NE 48TH STREET EAST TO PROPERTY ALL THE WAY DOWN ON THE LEFT.
  • DelayedMarketingYN: No
  • Special Features: None

Exterior Features

  • Road Frontage Type: Waterfront
  • Lot Features: City Lot, Other, < 1/4 Acre
  • Road Surface Type: Paved
  • Waterfront Features: Canal Access, Canal Front, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Direction Faces: South
  • Other Structures: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 484318120530
  • Current Use: Other
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.2
  • Lot Size: 80x110
  • Lot Size Sq Ft: 8800.0
  • Number Of Lots: 1
  • Possible Use: Single Family
  • Mobile Dim Units: Feet
  • Zoning: RES

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 8180.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2015
Closed on
Oct 19, 2015
Sold by
Lhp Ne 48Th Llc
Bought by
Lee Christopher P and Lee Jennifer
Seller's Agent
Julie Mahfood
Douglas Elliman
Buyer's Agent
David Saindon
RE/MAX Experience
List Price
$780,000
Sold Price
$750,000
Premium/Discount to List
-$30,000
-3.85%
Current Estimated Value
$3,058,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,308,514
Avg. Annual Appreciation
14.64%
Original Mortgage
$500,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 14, 2012
Closed on
Sep 7, 2012
Sold by
2821 48 Street Llc
Bought by
Lhp Ne 48Th Llc
Seller's Agent
Julie Mahfood
Douglas Elliman
Buyer's Agent
Julie Mahfood
Douglas Elliman
List Price
$499,000
Sold Price
$455,000
Premium/Discount to List
-$44,000
-8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.62%

Purchase Details

Closed on
Apr 1, 2011
Sold by
Smalarz Louis A and Smalarz Paula Marie
Bought by
2821 48 Street Llc

Purchase Details

Closed on
Nov 1, 2010
Sold by
Smalarz Louis A and Smalarz Janice Y
Bought by
Smalarz Louis A

Purchase Details

Closed on
Feb 23, 2007
Sold by
Smalarz Louis A
Bought by
Smalarz Louis A

Purchase Details

Closed on
Apr 23, 2004
Sold by
Smalarz Ruth
Bought by
Smalarz Louis A

Purchase Details

Closed on
Feb 1, 1982
Sold by
Available Not
Bought by
Available Not
Source: Public Records
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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
Lee Christopher P $750,000 Attorney
Lhp Ne 48Th Llc $455,000 None Available
2821 48 Street Llc $350,000 Attorney
Smalarz Louis A -- Attorney
Smalarz Louis A -- Attorney
Smalarz Louis A -- Attorney
Available Not $7,142 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lee Christopher P $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2015 10/19/15 Sold $750,000 -3.8% $261 / Sq Ft
09/19/2015 09/19/15 Pending -- -- --
01/05/2015 01/05/15 For Sale $780,000 +71.4% $272 / Sq Ft
09/20/2012 09/20/12 Sold $455,000 -8.8% $158 / Sq Ft View Prior Sale
09/13/2012 09/13/12 For Sale $499,000 -- $174 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2026 $21,327 $1,005,510 -- --
2025 $20,102 $914,100 -- --
2024 $17,842 $914,100 -- --
2023 $17,842 $755,460 $0 $0
2022 $13,757 $686,790 $0 $0
2021 $11,989 $624,360 $0 $0
2020 $10,416 $567,600 $567,600 $0
2019 $11,402 $616,000 $616,000 $0
2018 $10,977 $616,000 $616,000 $0
2017 $11,182 $616,000 $0 $0
2016 $10,767 $577,370 $0 $0
2015 $8,029 $418,090 $0 $0
2014 $8,180 $418,090 $0 $0
2013 -- $418,090 $418,090 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1321964

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-18-12-0530

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