NOT LISTED FOR SALE

Estimated Value: $666,000 - $790,000

Studio
-- Bath
1,097 Sq Ft
$641/Sq Ft Est. Value

Sale Details

Date Sold: February 23, 2021

Last sale price $475,000 $433 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,802 / mo

7 Days on Market

Highlights

  • No HOA
  • Porch
  • Tile Flooring
  • Balcony
  • Cooling System Mounted To A Wall/Window
  • No Heating

About This Home

As of February 2021

Amazing Find! Duplex On Almost A Quarter Acre Corner Lot. Located 1 Block From Beach! Duplex Has 2 Studios With Separate Electric Meters & 1 Car Garage. Perfect For Investors Looking to Build or Turn Into an Airbnb. Property is Surrounded By Luxury Condos. Rents Are Currently Under Market. Projected Annual Gross Income is $33,900 (Includes Coin Operated Income) Total Annual Expenses: $12,574. Expenses Include Taxes: $8,459 Advertising: $50 Pest Control: $150 Landscaping: $650 Insurance: $1,120 Water: $1,370 Licensing & Fees: $150 Misc/Repairs: $650 Amazing Find! Duplex On Almost A Quarter Acre Corner Lot. Located 1 Block From Beach! Duplex Has 2 Studios With Separate Electric Meters & 1 Car Garage. Perfect For Investors Looking to Build or Turn Into an Airbnb. Property is Surrounded By Luxury Condos. Rents Are Currently Under Market. Projected Annual Gross Income is $33,900 (Includes Coin Operated Income) Total Annual Expenses: $12,574. Expenses Include Taxes: $8,459 Advertising: $50 Pest Control: $150 Landscaping: $650 Insurance: $1,120 Water: $1,370 Licensing & Fees: $150 Misc/Repairs: $650

Last Agent to Sell the Property

Carlos Montoya

Fidelity Real Estate Group LLC License #0623048 Listed on: 01/28/2021

Co-Listed By

Natasha Q Realtor

Fidelity Real Estate Group LLC License #3320937

Last Buyer's Agent

Michele Lee

LoKation License #3411596

LoKation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,459

Year Built

  • Built in 1956

Home Design

  • Duplex
  • Concrete Roof

Interior Spaces

  • 1,097 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Tile

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484331140110

Community Details

Overview

  • No Home Owners Association
  • Association fees include ground maintenance, sewer, water
  • 22 Units
  • Blue Seas 27 28 B Subdivision

Building Details

  • Operating Expense $12,574
  • Net Operating Income $13,526

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,459

Year Built

Built in 1956

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: From Atlantic Blvd & A1A. Head north A1A. Turn left onto NE 5th Ct Destination will be on the left
  • Year Built: 1956
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Private Spa: No
  • Flooring: Carpet, Tile
  • Living Area: 1097.0
  • Stories: 1

Exterior Features

  • Exterior Features: Balcony
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Porch, Balcony
  • Property Condition: Resale
  • Roof: Concrete

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None, Separate Meters
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: Maintenance Grounds, Sewer, Water

Lot Info

  • Parcel #: 484331140110
  • Lot Size: 8011
  • Mobile Dim Units: Feet
  • Zoning: RM-45

Multi Family

  • Property Net Operating Income: 13526.0
  • Number Of Units In Community: 22
  • Annual Operating Expense: 12574.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8459.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Feb 18, 2021
Sold by
Lucky Duck Properties Llc
Bought by
5Th & Riverside Llc
Seller's Agent
Carlos Montoya
Fidelity Real Estate Group LLC
Buyer's Agent
Michele Lee
LoKation
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$703,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,611
Avg. Annual Appreciation
7.98%

Purchase Details

Listed on
Aug 17, 2012
Closed on
Sep 27, 2012
Sold by
Seme Barbara S
Bought by
Lucky Duck Properties Llc
Seller's Agent
Eileen Burns
Douglas Elliman
Buyer's Agent
Dominick Saginario
Inactive Member
List Price
$250,000
Sold Price
$170,000
Premium/Discount to List
-$80,000
-32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.00%

Purchase Details

Closed on
Apr 14, 2009
Sold by
Bromley Edna S
Bought by
Bromley Edna S

Purchase Details

Closed on
Feb 10, 2009
Sold by
Kujala Sarah S and Bromley Edna S
Bought by
Bromley Edna S and Seme Barbara S

Purchase Details

Closed on
Jan 1, 1988
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
5Th & Riverside Llc $485,000 Main Street Title & Escrow
Lucky Duck Properties Llc $170,000 Cooperative Title Agency Of
Bromley Edna S -- Attorney
Bromley Edna S -- Attorney
Available Not $7,857 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2021 02/23/21 Sold $475,000 0.0% $433 / Sq Ft
01/28/2021 01/28/21 For Sale $475,000 +179.4% $433 / Sq Ft
09/28/2012 09/28/12 Sold $170,000 -32.0% $159 / Sq Ft View Prior Sale
08/29/2012 08/29/12 Pending -- -- --
08/16/2012 08/16/12 For Sale $250,000 -- $235 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2026 $12,155 $560,940 $160,780 $400,160
2025 $11,605 $560,940 $160,780 $400,160
2024 $10,712 $560,940 $160,780 $400,160
2023 $10,712 $473,850 $0 $0
2022 $9,369 $430,780 $160,780 $270,000
2021 $9,766 $442,070 $0 $0
2020 $8,899 $447,250 $160,780 $286,470
2019 $8,158 $400,710 $160,780 $239,930
2018 $7,116 $332,150 $160,780 $171,370
2017 $6,514 $303,860 $0 $0
2016 $5,901 $276,240 $0 $0
2015 $5,513 $251,130 $0 $0
2014 $5,230 $236,350 $0 $0
2013 -- $225,300 $161,800 $63,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10268614

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-31-14-0110

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