NOT LISTED FOR SALE

Estimated Value: $1,071,965 - $1,182,000

4 Beds
4 Baths
1,760 Sq Ft
$641/Sq Ft Est. Value

Last Sold February 06, 2023

Last sale price $1,100,000 $625 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,543/month

40 Days on Market

Highlights

  • Ocean Front
  • Main Floor Bedroom
  • Cooling System Mounted To A Wall/Window
  • 3,146 Sq Ft lot
  • No HOA
  • Ceramic Tile Flooring

About This Home

As of February 2023

FOURPLEX - PRIME INVESTOR OPPORTUNITY - RENT AS IS, OR BUILD NEW!!

OCEANFRONT PARADISE, PRIVATE BEACH
This Building has Two one-bedroom Units & Two Studios. This property can also be used for Airbnb, drastically increasing the income and cap rate. TENANT OCCUPIED - PLEASE DO NOT DISTURB TENANTS
Call the listing agent for more info.

Last Agent to Sell the Property

Joseph Brikman

Real Broker LLC License #3483305 Listed on: 12/07/2022

Real Broker LLC

Co-Listed By

Shauna Ariel Edery

MMLS Assoc.-Inactive Member License #3541333

Last Buyer's Agent

Oren Hilel

Beachfront Realty Inc License #3231439

Beachfront Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,627

Year Built

  • Built in 1959

Lot Details

  • 3,146 Sq Ft Lot
  • 10 Ft Wide Lot
  • Ocean Front
  • North Facing Home
  • Fenced
  • Property is zoned Multifamily

Home Design

  • Frame With Stucco

Interior Spaces

  • 1,760 Sq Ft Home
  • 2-Story Property
  • Awning
  • Ceramic Tile Flooring
  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Parking

  • 4 Detached Carport Spaces
  • On-Street Parking
  • Open Parking

Outdoor Features

  • Outdoor Grill

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Hollywood Central Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 514201026730

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,627

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Carport Y N: Yes
  • Co List Office Mls Id: EXPP01
  • Co List Office Phone: 888-883-8509
  • Directions: Use Google Maps
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: HOLLYWOOD CENTRAL BEACH
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry, Second Floor Entry, No Additional Rooms
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Ceramic Floor, Other
  • Furnished: Unfurnished
  • Living Area: 1760
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: No Additional Rooms

Exterior Features

  • Roof: Other
  • View: Ocean
  • Exterior Features: Barbeque
  • Construction Type: Frame With Stucco
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Patio And Porch Features: Awning(s)
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: HOLLYWOOD CENTRAL BEACH
  • Carport Spaces: 4
  • Covered Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Detached Carport, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514201026730
  • Lot Size Sq Ft: 3146
  • Zoning: Multifamily
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 16627

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2024
Sold by
Hilel Oren and Eduth Avraham
Bought by
312 Elm Llc
Current Estimated Value
$1,128,491

Purchase Details

Listed on
Dec 7, 2022
Closed on
Feb 6, 2023
Sold by
Gateway 9 Ave Llc
Bought by
Hilel Oren
Seller's Agent
Joseph Brikman
Real Broker LLC
Buyer's Agent
Oren Hilel
Beachfront Realty Inc
List Price
$1,300,000
Sold Price
$1,100,000
Premium/Discount to List
-$200,000
-15.38%
Views
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
1.08%
Original Mortgage
$630,000
Interest Rate
6.09%
Mortgage Type
Balloon

Purchase Details

Closed on
May 3, 2021
Sold by
Cinelli Mario Anthony and Cinelli Cheryl A
Bought by
Sap Re Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 2016
Sold by
Cinelli Mario Anthony and Cinelli Cheryl A
Bought by
Cinelli Mario Anthony and Cinelli Cheryl A

Purchase Details

Closed on
Oct 1, 2016
Bought by
A Mario and Le Cheryl A

Purchase Details

Closed on
Sep 6, 2016
Sold by
Cinelli Mario Anthony and Cinelli Cheryl A
Bought by
Cinelli Mario Anthony and Cinelli Cheryl A

Purchase Details

Closed on
Sep 1, 2016
Bought by
A Mario and Le Cheryl A

Purchase Details

Closed on
May 10, 1996
Sold by
Jovanoski Draze
Bought by
Martucci Louis

Purchase Details

Closed on
Oct 12, 1993
Sold by
Cinelli Angelo and Cinelli Antonietta
Bought by
Anthony Cinelli Mario and Cinelli Cheryl A

Purchase Details

Closed on
Jul 30, 1993
Sold by
Cinelli Mario Anthony and Cinelli Antonietta
Bought by
Cinelli Mario Anthony and Cinelli Cheryl A
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
312 Elm Llc $600,000 None Listed On Document
Hilel Oren $1,100,000 --
Sap Re Holdings Llc $815,000 Attorney
Cinelli Mario Anthony -- None Available
A Mario $100 --
Cinelli Mario Anthony -- None Available
A Mario $100 --
Cinelli Mario Anthony -- None Available
Martucci Louis $240,000 --
Jovanoski Draze $101,900 --
Anthony Cinelli Mario -- --
Cinelli Mario Anthony -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hilel Oren $630,000
Previous Owner Sap Re Holdings Llc $10,000,000
Previous Owner Cinelli Mario Anthony $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2023 02/06/23 Sold $1,100,000 -12.0% $625 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
12/16/2022 12/16/22 Price Changed $1,250,000 -3.8% $710 / Sq Ft
12/07/2022 12/07/22 For Sale $1,300,000 -- $739 / 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 $16,732 $729,780 $141,790 $587,990
2024 $20,413 $729,780 $141,790 $587,990
2023 $20,413 $901,630 $141,790 $759,840
2022 $16,627 $738,120 $141,790 $596,330
2021 $12,955 $510,030 $0 $0
2020 $11,849 $601,760 $141,790 $459,970
2019 $11,427 $601,760 $141,790 $459,970
2018 $9,791 $476,380 $141,790 $334,590
2017 $8,755 $348,370 $0 $0
2016 $8,094 $316,700 $0 $0
2015 $7,418 $287,910 $0 $0
2014 $6,932 $261,740 $0 $0
2013 -- $277,270 $141,790 $135,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11312337

MIAMI REALTORS® MLS

APN: 51-42-01-02-6730