NOT LISTED FOR SALE
-- Bed
-- Bath
2,530 Sq Ft
6,534 Sq Ft Lot

Last Sold April 20, 2021

Last sale price $625,000 $247 Per Sq Ft

Highlights

  • Newly Remodeled
  • Tile Flooring
  • 1-Story Property
  • No HOA
  • Central Heating and Cooling System

About This Home

As of April 2021

Presenting a rare investment opportunity in the heart of Fort Lauderdale! A highly successful income property renting to the yachting community, this 2 unit property consists of two 3 bed/2 bath units being sold fully furnished. Fully licensed for short term rentals and professionally managed. This is an opportunity you don't want to miss.

Last Agent to Sell the Property

Albert Van Zyl

The Corcoran Group License #3252913 Listed on: 04/20/2021

The Corcoran Group

Last Buyer's Agent

Albert Van Zyl

The Corcoran Group License #3252913 Listed on: 04/20/2021

The Corcoran Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,962

Year Built

  • Built in 2005 | Newly Remodeled

Lot Details

  • 6,534

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,530 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Lauderdale Condos
  • Lauderdale Subdivision

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 504215013490

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,962

Year Built

Built in 2005 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2005
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: LAUDERDALE
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2530
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAUDERDALE
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 504215013490
  • Zoning: Multi-Family (08)
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7962

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
Apr 19, 2021
Sold by
Sw 16Th Street Llc
Bought by
Freeman Carrie
Seller's Agent
Albert Van Zyl
The Corcoran Group
Buyer's Agent
Albert Van Zyl
The Corcoran Group
List Price
$625,000
Sold Price
$625,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Original Mortgage
$515,490
Outstanding Balance
$471,765
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$354,594

Purchase Details

Closed on
Jan 22, 2013
Sold by
Cates John and Cates Nadene
Bought by
The Johndene Group Llc

Purchase Details

Closed on
Dec 18, 2009
Sold by
Montalbano Diane and Montalbano Richard
Bought by
Cates John and Cates Nadene

Purchase Details

Closed on
Oct 12, 2007
Sold by
Schofield Todd and Schofield Sherry
Bought by
Cates John R and Cates Nadene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.44%
Mortgage Type
Commercial
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

Property History

Date Event Price Change Sq Ft Price
04/20/2021 04/20/21 Sold $625,000 0.0% $247 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $625,000 +48.8% $247 / Sq Ft
08/14/2018 08/14/18 Sold $420,000 -4.5% $174 / Sq Ft
07/15/2018 07/15/18 Pending -- -- --
05/19/2018 05/19/18 For Sale $440,000 -- $183 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11030584

MIAMI REALTORS® MLS

APN: 50-42-15-01-3490