NOT LISTED FOR SALE

Estimated Value: $4,934,000 - $8,321,000

4 Beds
5.5 Baths
4,578 Sq Ft
$1,426/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $5,300,000 $1,158 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $44,025/month

215 Days on Market

Highlights

  • Ocean Front
  • Private Pool
  • High Ceiling
  • Bayview Elementary School Rated A
  • Marble Flooring
  • 2-minute walk to Vista Park

About This Home

As of September 2019

This is the only move-in opportunity on Fort Lauderdale Beach under $6m! Located on the ever increasingly desirable Fort Lauderdale Beach that is transforming with extensive new construction. Be one of just 47 residents on this wide & idyllic stretch of beach discretely hidden away off A1A. Stunningly simple Modern architecture offers 3 levels of luxury oceanside living.The mid-level is the main entertaining space with lower level for secondary bedroom suites & an ultra-luxurious master encompasses entire third level. All rooms offer incredible views Enjoy the oversized pool plus freestanding pool pavillion includes a fully equipped Summer Kitchen & cabana bathroom. Perfectly located on the widest and quietest section of the beach.This residence also has great investment/income potential!

Last Agent to Sell the Property

Julie Jones

Douglas Elliman License #0648322 Listed on: 01/03/2019

Douglas Elliman

Last Buyer's Agent

John Wegman

Wegmann Real Estate LLC License #542907

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,551

Year Built

  • Built in 2000

Lot Details

  • 9,280 Sq Ft Lot
  • Ocean Front
  • West Facing Home
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Property is zoned RS-8

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Tri-Level Property
  • Tar and Gravel Roof

Interior Spaces

  • 4,578 Sq Ft Home
  • Elevator
  • High Ceiling
  • Great Room
  • Sitting Room
  • Combination Dining and Living Room
  • Utility Room
  • Marble Flooring
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Balcony
  • Open Patio
  • Shed
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Lauderdale Beach 4 2 B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494330012820

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,551

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: A1A between Oakland Park and Sunrise Boulevard. Go East at the main entrance NE 27th Street, go North to the residence on the right
  • Year Built: 2000
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Bedroom on Main Level, Eat-in Kitchen, Elevator, First Floor Entry, High Ceilings, Living/Dining Room, Sitting Area in Master, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble
  • Living Area: 4578.0
  • Dining Room Type: Great Room, Laundry, Utility Room, Master Bedroom, Sitting Room

Exterior Features

  • Exterior Features: Balcony, Security/High Impact Doors, Outdoor Grill, Shed
  • View: Ocean
  • Lot Features: Sprinkler System, < 1/4 Acre
  • Pool Features: In Ground, Pool
  • Pool Private: Yes
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Beach Access, Ocean Front, Water Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Home Owners Association
  • Senior Community: No
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 494330012820
  • Lot Size Sq Ft: 9280.0
  • Zoning Description: RS-8
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 69551.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2020
Sold by
Perez Joseph H
Bought by
Lafratta Luis F
Current Estimated Value
$6,526,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,300,000
Interest Rate
3.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 3, 2019
Closed on
Aug 28, 2019
Sold by
Korf Kordel and Korf Jolene
Bought by
Perez Joseph H and Lafratta Luis F
Seller's Agent
Julie Jones
Douglas Elliman
Buyer's Agent
John Wegman
Wegmann Real Estate LLC
List Price
$6,895,000
Sold Price
$5,300,000
Premium/Discount to List
-$1,595,000
-23.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%
Original Mortgage
$3,975,000
Interest Rate
3.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 5, 2014
Sold by
Double K Holdings #5 Llc
Bought by
Korf Kordel and Korf Jolene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,648,750
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 27, 2014
Sold by
2924 Atlantic Llc
Bought by
Double K Holdings #5 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,750,000
Interest Rate
4.4%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 14, 2011
Sold by
Stoker Richard C and Stoker Jane C
Bought by
2924 Atlantic Llc

Purchase Details

Closed on
Oct 16, 2000
Sold by
Leonard Janice Spring
Bought by
Stoker Richard C and Stoker Jane C

Purchase Details

Closed on
Sep 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
Lafratta Luis F -- None Available
Perez Joseph H $5,300,000 Attorney
Korf Kordel -- Attorney
Double K Holdings #5 Llc $4,075,000 Attorney
2924 Atlantic Llc $2,850,000 Attorney
Stoker Richard C $2,600,000 --
Available Not $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lafratta Luis F $5,435,000
Closed Lafratta Luis F $5,300,000
Previous Owner Perez Joseph H $3,975,000
Previous Owner Korf Kordel $4,743,690
Previous Owner Korf Kordel $2,648,750
Previous Owner Double K Holdings #5 Llc $2,750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2019 09/06/19 Sold $5,300,000 -23.1% $1,158 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $6,895,000 -- $1,506 / 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 $101,569 $5,642,360 -- --
2024 $100,023 $5,483,350 -- --
2023 $100,023 $5,323,650 $0 $0
2022 $95,554 $5,168,600 $0 $0
2021 $92,877 $5,018,060 $0 $0
2020 $91,114 $4,948,780 $1,531,200 $3,417,580
2019 $72,159 $3,906,900 $0 $0
2018 $69,114 $3,834,060 $0 $0
2017 $68,874 $3,755,210 $0 $0
2016 $69,551 $3,677,980 $0 $0
2015 $71,050 $3,652,420 $0 $0
2014 $58,676 $2,925,920 $0 $0
2013 -- $2,840,470 $1,345,600 $1,494,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10156046

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-30-01-2820