NOT LISTED FOR SALE

331 SW 12th Ct Fort Lauderdale, FL 33315

Tarpon River Neighborhood

Estimated Value: $741,917 - $746,000

2 Beds
1 Bath
1,520 Sq Ft
$489/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $560,000 $368 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,965/month

22 Days on Market

Highlights

  • Spa
  • Central Heating and Cooling System
  • 4-minute walk to Tarpon River Park
  • Marble Flooring

About This Home

As of October 2021

Twin Palms Villas is an Oasis in the middle of city living. Minutes to Downtown, The Beach, Major Employers, Major Freeways and FLL Airport. This urban compound is like a two for one: Two home on three lots with mature landscaping, deck, hot tub, and room for a pool. The buildings are a 2/1 Main home with a car port and deck and a 1/1 cottage with a screened lanai. Perfect for an investment, Live in one, rent the other or take advantage of the zoning and develop something new. The main home has hardwood, pergo and sandstone floors, granite counters, decorative fireplace and is brimming with character. The cottage also has pergo floors, and updated kitchen and both are examples of South Florida Mid-Century design. Let the photos speak for themselves. Enjoy the virtual tour.

Last Agent to Sell the Property

Dave Gervase

Keller Williams Realty Profess License #0676136 Listed on: 08/28/2021

Keller Williams Realty Profess

Last Buyer's Agent

David Gervase

Keller Williams Realty Profess

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,922

Year Built

  • Built in 1953

Lot Details

  • 9,496

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Flat Roof Shape
  • Frame Construction
  • Shingle Roof
  • Tile Roof
  • Composition Roof

Interior Spaces

  • 1,520 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Marble
  • Tile

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Spa
  • Sprinkler System

Community Details

  • 2 Units
  • Croissant Park South Rive Subdivision, Twin Palm Villas Floorplan

Listing and Financial Details

  • Total Actual Rent $3,050
  • Rent includes gardener, sewer, trash collection, water
  • Assessor Parcel Number 504215210120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,922

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: SW 4th AV south of Davie Blvd to property on the corner of SW 4th and SW 12 Ct
  • Year Built: 1953
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: Yes
  • Flooring: Marble, Tile, Wood
  • Living Area: 1520.0

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block, Frame
  • Property Condition: Resale
  • Roof: Composition, Flat, Shingle, Tile

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Sewer, Trash Collection, Water
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 504215210120
  • Zoning Description: RM-15

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6922.0

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 3050.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2021
Closed on
Oct 20, 2021
Sold by
Doyle Karen and Doyle Patricia E
Bought by
Rietema Justin and Rietema Amy
Seller's Agent
Dave Gervase
Keller Williams Realty Profess
Buyer's Agent
David Gervase
Keller Williams Realty Profess
List Price
$575,000
Sold Price
$560,000
Premium/Discount to List
-$15,000
-2.61%
Current Estimated Value
$743,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,959
Avg. Annual Appreciation
7.49%
Original Mortgage
$420,000
Outstanding Balance
$387,953
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$353,229

Purchase Details

Closed on
Jan 17, 2001
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Mar 1, 1993
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
Rietema Justin $560,000 Attorney
Available Not $148,000 --
Available Not $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rietema Justin $420,000
Previous Owner Doyle Karen $212,650
Previous Owner Doyle Karen $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $560,000 -2.6% $368 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
08/28/2021 08/28/21 For Sale $575,000 -- $378 / 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 $11,316 $539,610 $142,370 $397,240
2024 $10,719 $539,610 $142,370 $397,240
2023 $10,719 $497,990 $0 $0
2022 $9,545 $452,720 $142,370 $310,350
2021 $7,476 $332,320 $0 $0
2020 $6,922 $334,280 $142,370 $191,910
2019 $5,726 $274,650 $142,370 $132,280
2018 $5,489 $297,990 $142,370 $155,620
2017 $4,899 $237,430 $0 $0
2016 $2,680 $154,740 $0 $0
2015 $2,665 $153,670 $0 $0
2014 $2,683 $152,460 $0 $0
2013 -- $150,210 $66,440 $83,770
Source: Public Records

Agents Affiliated with this Home

  • Dave Gervase

    Seller's Agent in 2021

    Dave Gervase

    Keller Williams Realty Profess

    (954) 224-3663

    1 in this area

    83 Total Sales

    Dave Gervase
    Section Image

  • D

    Buyer's Agent in 2021

    David Gervase

    Keller Williams Realty Profess

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10298705

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-15-21-0120

Florida Broward County Fort Lauderdale 33315 Tarpon River

331 SW 12th Ct, Fort Lauderdale, FL

This home is located at 331 SW 12th Ct, Fort Lauderdale, FL 33315 since 28 August 2021 and is currently estimated at $743,959, approximately $489 per square foot. This property was built in 1953. 331 SW 12th Ct is a home located in Broward County with nearby schools including Croissant Park Elementary School, New River Middle School, and Stranahan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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