$3,850,000
SOLD DEC 8, 2021
10 Acres
$389,282 Price per Acre
430,808 Sq Ft Lot

Recently Sold

$637 Per Sq Ft

3% Below List Price

89 Days on Market

About This Lot

As of December 2021

Incredible investment/development opportunity. +/- 10 acres zoned A-1 in Davie. Potential to redevelop into single family, one home per acre. Twin T construction barn and large house included in sale. Current usage is wholesale nursery. Nursery business does not convey. Inventory and stock constantly changing.

Last Agent to Sell the Property

Bill Cuthbertson

RE/MAX First License #455725 Listed on: 08/10/2021

RE/MAX First

Last Buyer's Agent

John Cuthbertson

RE/MAX First License #3414038

RE/MAX First

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,514

Lot Details

  • 9.89 Acre Lot
  • Lot Dimensions are 1304x330
  • 2 Lots in the community
  • Property is zoned A-1

Utilities

  • Septic Tank

Community Details

  • Fla Fruit Lands Co Sub 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504023010092

Property Details

Property Type

Land

Est. Annual Taxes

$22,514

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Business
  • Property Sub Type Additional: Commercial
  • Directions: Flamingo Road to SW 36th court. West on 36 court, north on 130th Ave. Site is on the East side.
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: 5-10 Acres, Other
  • Waterfront: No

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Other, Water Available
  • Water Source: Public

Lot Info

  • Parcel #: 504023010092
  • Current Use: Nursery
  • Lot Size Acres: 9.89
  • Lot Size: 1304x330
  • Number Of Lots: 2
  • Additional Parcels Description: 504023010093,
  • Zoning Description: A-1

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 22514.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2023
Sold by
Four Aces Properties X Llc
Bought by
Family Foundation Trust and Foster

Purchase Details

Listed on
Aug 10, 2021
Closed on
Dec 7, 2021
Sold by
Velocita Rancvh Llc
Bought by
Four Aces Properties X Llc
Seller's Agent
Bill Cuthbertson
RE/MAX First
Buyer's Agent
John Cuthbertson
RE/MAX First
List Price
$3,975,000
Sold Price
$3,850,000
Premium/Discount to List
-$125,000
-3.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.60%
Original Mortgage
$2,350,000
Interest Rate
3.14%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 29, 2018
Sold by
Golden Horsehoe Llc
Bought by
Velocita Ranch Llc

Purchase Details

Listed on
Jan 11, 2013
Closed on
Jun 12, 2013
Sold by
Ziv Michael and Rittenberg Deborah
Bought by
Golden Horseshoe Llc
Seller's Agent
Nancy Batchelor
Compass Florida, LLC.
Buyer's Agent
Olga Mirer
Atlantic VIP Realty Group, LLC
List Price
$1,975,000
Sold Price
$1,650,000
Premium/Discount to List
-$325,000
-16.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.62%
Original Mortgage
$650,000
Interest Rate
4.62%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $4,950,000 None Listed On Document
Warranty Deed $3,850,000 Attorney
Warranty Deed $2,500,000 Attorney
Personal Reps Deed $1,237,500 Milestone Title Company
Personal Reps Deed $412,500 Milestone Title Company
Warranty Deed -- Milestone Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,350,000 Seller Take Back
Previous Owner $650,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 For Sale $7,000,000 0.0% --
04/04/2025 04/04/25 For Sale $7,000,000 +81.8% --
12/08/2021 12/08/21 Sold $3,850,000 -3.1% $637 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $3,975,000 +140.9% $657 / Sq Ft
06/27/2013 06/27/13 Sold $1,650,000 -10.8% $116 / Sq Ft
04/29/2013 04/29/13 Pending -- -- --
03/22/2013 03/22/13 Price Changed $1,849,000 -6.4% $130 / Sq Ft
01/11/2013 01/11/13 For Sale $1,975,000 -- $139 / 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 $18,478 $888,720 $888,720 --
2024 $14,711 $888,720 $888,720 --
2023 $14,711 $700,210 $700,210 $0
2022 $13,463 $646,340 $646,340 $0
2021 $19,015 $894,110 $178,100 $716,010
2020 $22,514 $1,064,610 $203,640 $860,970
2019 $22,485 $1,240,800 $379,830 $860,970
2018 $49,013 $3,461,820 $639,030 $2,822,790
2017 $42,873 $1,722,820 $0 $0
2016 $41,834 $1,566,200 $0 $0
2015 $31,288 $1,423,820 $0 $0
2014 $30,469 $1,356,900 $0 $0
2013 -- $1,372,430 $653,400 $719,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10296367

BeachesMLS (Greater Fort Lauderdale)

APN: 50-40-23-01-0092