NOT LISTED FOR SALE

2880 SW 1st St Fort Lauderdale, FL 33312

Melrose Manors Neighborhood

Estimated Value: $623,241 - $775,000

-- Bed
-- Bath
2,250 Sq Ft
$309/Sq Ft Est. Value

Last Sold March 04, 2020

Last sale price $365,000 $162 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,751/month

1 Day on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Awning
  • Wall Furnace
  • Tile Flooring
  • Fenced
  • 3-minute walk to Guthrie Blake Memorial Park

About This Home

As of March 2020

Low overhead in up coming area. Super Wal Mart and other shopping down the street. New WAWA on corner. Restaurants, gym, new car wash 2 blocks away. Close to I95 and downtown Ft. Lauderdale. Rents could be increased. Owner has keep tenants on month to month so new owner has the ability to conduct business as they like.

Last Agent to Sell the Property

Dan Toomey

United Realty Group Inc License #0344960 Listed on: 02/01/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,445

Year Built

  • Built in 1960

Lot Details

  • Fenced

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,250 Sq Ft Home
  • 1-Story Property
  • Awning

Flooring

  • Laminate
  • Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Community Details

  • 4 Units
  • Midland 1St Add 40 13 B Subdivision

Listing and Financial Details

  • Total Actual Rent $43,800
  • Rent includes gardener, hot water, sewer, trash collection, water
  • Assessor Parcel Number 504208130360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,445

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: Broward Blvd West to SW 29 Street. Go South to SW 1 Street. East to property on right.
  • Year Built: 1960
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Laminate, Other, Tile
  • Living Area: 2250.0

Exterior Features

  • Exterior Features: Fence, Awning(s)
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 504208130360
  • Zoning Description: RMM-25

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4445.0

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 43800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2020
Closed on
Mar 4, 2020
Sold by
Prewitt Thomas and The Southwest Attorney S Trust
Bought by
Meridian Partners 2 Llc
Seller's Agent
Dan Toomey
United Realty Group Inc
List Price
$389,000
Sold Price
$365,000
Premium/Discount to List
-$24,000
-6.17%
Current Estimated Value
$695,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,810
Avg. Annual Appreciation
10.48%
Original Mortgage
$292,000
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 30, 2017
Closed on
Jan 30, 2018
Sold by
Davis Yvette Fay and Calrke Yvette Fay
Bought by
Toomey Daniel
Seller's Agent
Maureen Hemming
Keller Williams Dedicated Prof
Buyer's Agent
Daniel Toomey
Florida Professional R E Inc
List Price
$269,900
Sold Price
$254,000
Premium/Discount to List
-$15,900
-5.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.94%

Purchase Details

Closed on
Jan 27, 2006
Sold by
Seragusa Salvatore John
Bought by
Francis Vernie and Davis Yvette Fay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
9.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 20, 2004
Sold by
Ramnarine Ralph and Ramnarine Bhanmate
Bought by
Seragusa Salvatore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 18, 2000
Sold by
Spencer Vivienne
Bought by
Ramnarine Ralph and Ramnarine Bhanmatie

Purchase Details

Closed on
Feb 1, 1992
Sold by
Available Not
Bought by
Available Not
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
Meridian Partners 2 Llc $365,000 Quaker Title & Escrow
Toomey Daniel $254,000 All Star Title Inc
Francis Vernie $339,800 Executive Title & Escrow Co
Seragusa Salvatore $250,000 Kaizen & Vazquez Title Inc
Ramnarine Ralph $137,000 --
Available Not $80,571 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Meridian Partners 2 Llc $292,000
Previous Owner Francis Vernie $285,000
Previous Owner Seragusa Salvatore $200,000
Closed Seragusa Salvatore $24,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2020 03/04/20 Sold $365,000 -6.2% $162 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
02/01/2020 02/01/20 For Sale $389,000 +53.1% $173 / Sq Ft
01/30/2018 01/30/18 Sold $254,000 -5.9% $115 / Sq Ft
12/31/2017 12/31/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $269,900 -- $122 / 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 $11,502 $510,440 -- --
2024 $10,157 $510,440 $23,820 $439,690
2023 $10,157 $421,860 $0 $0
2022 $8,926 $383,510 $23,820 $359,690
2021 $8,682 $372,080 $23,820 $348,260
2020 $7,018 $292,070 $23,820 $268,250
2019 $5,965 $254,000 $23,820 $230,180
2018 $4,445 $286,790 $23,820 $262,970
2017 $4,113 $122,620 $0 $0
2016 $3,939 $111,480 $0 $0
2015 $3,328 $101,350 $0 $0
2014 $3,119 $92,140 $0 $0
2013 -- $93,620 $23,820 $69,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Dan Toomey

    United Realty Group Inc

    (954) 295-3156

    10 Total Sales

    Dan Toomey
    Section Image
  • Maureen Hemming

    Seller's Agent in 2018

    Maureen Hemming

    Keller Williams Dedicated Prof

    (954) 793-8968

    11 Total Sales

    Maureen Hemming
    Section Image

  • D

    Buyer's Agent in 2018

    Daniel Toomey

    Florida Professional R E Inc

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10213810

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-08-13-0360

Florida Broward County Fort Lauderdale 33312 Melrose Manors

2880 SW 1st St, Fort Lauderdale, FL

This home is located at 2880 SW 1st St, Fort Lauderdale, FL 33312 since 01 February 2020 and is currently estimated at $695,810, approximately $309 per square foot. This property was built in 1960. 2880 SW 1st St is a home located in Broward County with nearby schools including Westwood Heights Elementary School, Parkway Middle School, and Stranahan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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