NOT LISTED FOR SALE

2900 SW 45th St Fort Lauderdale, FL 33312

Estimated Value: $2,280,000 - $3,492,774

2.11 Acres
$1,392,035 Price per Acre
91,912 Sq Ft Lot

Last Sold October 29, 2020

Last sale price $2,150,000 $633 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $16,323/month

70 Days on Market

Highlights

  • 2.11 Acre Lot
  • Home fronts a canal
  • No HOA

About This Lot

As of October 2020

This 2.11 acre parcel is located directly on the Dania cut off canal providing ocean access for boat traffic. Current pre­-approved plans consist of 12 townhouses and 4 single family homes.
This one location provides a developer with an excellent project, either to resell individual units, or as build and lease scenario either of which yields strong returns. A+++ location for a multifamily project. Current zoning R6000. Property is priced well below market value at only $24.48 a foot, the recent comparable sales are well above $50 a foot.

For additional information please contact listing Broker.

Last Agent to Sell the Property

John DeMarco

RE/MAX 5 Star Realty License #3134747 Listed on: 07/30/2020

RE/MAX 5 Star Realty

Last Buyer's Agent

Nathaniel Crawford

Black Luxury Realty, Inc. License #3232811

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,785

Lot Details

  • 2.11 Acre Lot
  • Home fronts a canal
  • Property is zoned RS-6000

Interior Spaces

  • 3,395 Sq Ft Home

Community Details

  • No Home Owners Association
  • Marshalls Everglade Sub Condos
  • Marshalls Everglade Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504229010910

Property Details

Property Type

Land

Est. Annual Taxes

$16,785

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Horses: No
  • Inclusions: Other
  • Lot Size Acres: 2.11
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Subdivision Name: MARSHALLS EVERGLADE SUB
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area: 3395
  • Possible Use: Investment, Other Plan Use

Exterior Features

  • Lot Features: Other Location, 1-2.5 Acres
  • Pool Private: No
  • View: No
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: MARSHALLS EVERGLADE SUB

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Utilities: Other Utilities Available, Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 504229010910
  • Current Use: Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 91912
  • Zoning: RS-6000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 16785

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Oct 29, 2020
Sold by
Dania Beach Llc
Bought by
Ecoar Llc
Seller's Agent
John DeMarco
RE/MAX 5 Star Realty
Buyer's Agent
Nathaniel Crawford
Black Luxury Realty, Inc.
List Price
$2,250,000
Sold Price
$2,150,000
Premium/Discount to List
-$100,000
-4.44%
Current Estimated Value
$2,937,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$787,194
Avg. Annual Appreciation
6.44%

Purchase Details

Listed on
May 11, 2017
Closed on
Aug 2, 2017
Sold by
Kronenberg Steven
Bought by
2900 Sw 45Th Dania Beach Llc
Seller's Agent
Iris Riley
Trans State Commercial Realty
List Price
$840,000
Sold Price
$850,000
Premium/Discount to List
$10,000
1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.40%

Purchase Details

Closed on
Mar 23, 2000
Sold by
Rxanalysts Inc
Bought by
Kronenberg Steven

Purchase Details

Closed on
Jan 12, 2000
Sold by
Kronenberg Steven J
Bought by
Rxanalysts Inc

Purchase Details

Closed on
Oct 12, 1998
Sold by
Whitman Steven A
Bought by
Kronenberg Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1988
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
Ecoar Llc $2,150,000 Attorney
2900 Sw 45Th Dania Beach Llc $850,000 Attorney
Kronenberg Steven $271,800 --
Rxanalysts Inc -- --
Kronenberg Steven J $450,000 --
Available Not $196,429 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kronenberg Steven J $394,000
Previous Owner Kronenberg Steven J $279,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2020 10/29/20 Sold $2,150,000 -4.4% $633 / Sq Ft
07/30/2020 07/30/20 For Sale $2,250,000 +164.7% $663 / Sq Ft
08/10/2017 08/10/17 Sold $850,000 +1.2% $597 / Sq Ft View Prior Sale
07/11/2017 07/11/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $840,000 -- $590 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $11,026 $582,050 -- --
2024 $10,373 $582,050 -- --
2023 $10,373 $481,040 $0 $0
2022 $8,521 $437,310 $437,310 $0
2021 $17,729 $851,530 $477,310 $374,220
2020 $17,558 $843,970 $477,310 $366,660
2019 $16,785 $796,090 $477,310 $318,780
2018 $16,424 $790,500 $477,310 $313,190
2017 $16,605 $784,980 $0 $0
2016 $16,127 $713,620 $0 $0
2015 $15,400 $648,750 $0 $0
2014 $13,215 $589,780 $0 $0
2013 -- $536,170 $459,330 $76,840
Source: Public Records

Agents Affiliated with this Home

  • John DeMarco

    Seller's Agent in 2020

    John DeMarco

    RE/MAX

    (954) 453-1000

    7 in this area

    214 Total Sales

    John DeMarco
    Section Image
  • Nathaniel Crawford

    Buyer's Agent in 2020

    Nathaniel Crawford

    Black Luxury Realty, Inc.

    (404) 452-4184

    1 in this area

    14 Total Sales

    Nathaniel Crawford
    Section Image
  • Iris Riley

    Seller's Agent in 2017

    Iris Riley

    Trans State Commercial Realty

    (954) 483-3912

    Iris Riley
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10902215

MIAMI REALTORS® MLS

APN: 50-42-29-01-0910

Florida Broward County Fort Lauderdale 33312

2900 SW 45th St, Fort Lauderdale, FL

This home is located at 2900 SW 45th St, Fort Lauderdale, FL 33312 since 30 July 2020 and is currently estimated at $2,937,194, approximately $865 per square foot. 2900 SW 45th St is a home located in Broward County with nearby schools including Collins Elementary School, Attucks Middle School, and Hollywood Hills High School.

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