NOT LISTED FOR SALE

3860 NE 23rd Ave Lighthouse Point, FL 33064

Estimated Value: $1,202,000 - $2,020,000

6 Beds
4 Baths
2,772 Sq Ft
$552/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $1,034,200 $373 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $10,124/month

2 Days on Market

Highlights

  • 90 Feet of Waterfront
  • Deck
  • Cooling System Mounted To A Wall/Window
  • Property has ocean access
  • Porch
  • Open Patio

About This Home

As of July 2021

Great fourplex in the very disarable Lighthouse Point. This rare property offers 90 feet of frontage on deep water with no fixed bridges . All units rented until May/June 2022 and each unit with seperate electric meter, in addition 2 boat slips are rented for $250/month each. This is a great opportunity for an investor or to use the land to build your custom estate dream home. This property is surronded by multi-million dollar homes on prestigous Lighthouse Point Drive in Venetian Isles.

Last Listed By

Roi Danon

Century 21 Tenace Realty Inc License #0683478 Listed on: 06/04/2021

Century 21 Tenace Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,503

Year Built

  • Built in 1962

Lot Details

  • 90 Feet of Waterfront
  • Home fronts a canal

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,772 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Deck
  • Open Patio
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Cable TV Available

Community Details

  • 4 Units
  • Venetian Isles Subdivision

Listing and Financial Details

  • Rent includes sewer, trash collection, water
  • Assessor Parcel Number 484317030070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,503

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: Sample east to NE 39th St, Left on NE 23rd Ave
  • Year Built: 1962
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2772.0

Exterior Features

  • Exterior Features: Deck, Porch
  • Road Frontage Type: Waterfront
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront Features: Canal Access, Canal Front, Dock Access, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Deck, Open, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 484317030070
  • Zoning Description: RM-16

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 15503.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jul 7, 2021
Sold by
Prince Marc F
Bought by
Landlordevan Llc
Seller's Agent
Roi Danon
Century 21 Tenace Realty Inc
Buyer's Agent
Evan Braunstein
Realty 100
List Price
$999,000
Sold Price
$1,034,200
Premium/Discount to List
$35,200
3.52%
Total Days on Market
2
Current Estimated Value
$1,531,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,825
Avg. Annual Appreciation
8.81%

Purchase Details

Closed on
Aug 12, 2019
Sold by
Wander John P and Egizi Lisa J
Bought by
Prince Marc F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$697,547
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2010
Sold by
Milton Frank
Bought by
Wander John P and Egizi Lisa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.18%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 30, 2010
Sold by
Terrador Llc
Bought by
Milton Frank

Purchase Details

Closed on
Nov 25, 2009
Sold by
Brown Elizabeth H
Bought by
Terrador Llc

Purchase Details

Closed on
Jun 29, 2007
Sold by
Brown Elizabeth H
Bought by
Brown Elizabeth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 8, 2007
Sold by
Brown Elizabeth H
Bought by
Brown Elizabeth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 20, 2005
Sold by
Brown Elizabeth H
Bought by
Brown Elizabeth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$677,950
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 14, 2005
Sold by
Brown Elizabeth H
Bought by
Brown Elizabeth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$677,950
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 7, 2003
Sold by
Brown Elizabeth H
Bought by
Brown Elizabeth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,100
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 5, 2003
Sold by
Brown Elizabeth H
Bought by
Brown Elizabeth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,100
Interest Rate
6%
Mortgage Type
Commercial

Range of Values:

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Average Value
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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
Landlordevan Llc $1,034,200 Capital Abstract & Title
Prince Marc F $770,000 Attorney
Wander John P $519,400 Attorney
Milton Frank $516,000 Attorney
Terrador Llc $420,000 Roberto & Assoc Title Agency
Brown Elizabeth H -- None Available
Brown Elizabeth H -- None Available
Brown Elizabeth H -- Attorney
Brown Elizabeth H -- None Available
Brown Elizabeth H -- --
Brown Elizabeth H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prince Marc F $697,547
Previous Owner Wander John P $417,000
Previous Owner Wander John P $350,000
Previous Owner Brown Elizabeth H $900,000
Previous Owner Brown Elizabeth H $677,950
Previous Owner Brown Elizabeth H $100,000
Previous Owner Brown Elizabeth H $463,100
Previous Owner Brown Elizabeth H $100,000
Previous Owner Brown Elizabeth H $357,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2021 07/07/21 Sold $1,034,200 +3.5% $373 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $999,000 -- $360 / 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 $19,137 $905,300 -- --
2024 $21,796 $905,300 $283,870 $700,250
2023 $21,796 $963,380 $283,870 $679,510
2022 $19,805 $924,200 $283,870 $640,330
2021 $16,875 $764,020 $283,870 $480,150
2020 $15,503 $702,940 $283,870 $419,070
2019 $16,506 $783,610 $283,870 $499,740
2018 $14,815 $730,600 $283,870 $446,730
2017 $13,560 $610,480 $0 $0
2016 $12,512 $554,990 $0 $0
2015 $10,104 $504,540 $0 $0
2014 $9,590 $468,940 $0 $0
2013 -- $446,610 $283,870 $162,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10287626

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-17-03-0070