NOT LISTED FOR SALE

Estimated Value: $795,000 - $1,654,000

-- Bed
3 Baths
6,854 Sq Ft
$160/Sq Ft Est. Value

Last Sold October 05, 2023

Last sale price $1,550,000 $226 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $6,781/month

7 Days on Market

Highlights

  • Garden View
  • Central Heating and Cooling System
  • Fenced

About This Home

As of October 2023

INVESTOR'S DREAM! SIX INCOME PRODUCING UNITS. CBS MULTI-FAMILY IN PRIME LOCATION. This property includes two Triplexes; Each unit has 3 bedrooms, 2 full bathrooms. All units are on separate water/electric meters. Roofs were replaced in 2022. All AC units are less than 5 years old with the exception of one. All tenants are month to month except one tenant who has lease in place until July 2024. Tenants pay $1,800 each with the exception of one tenant at $1,400. Tenants have been here long-term which is why rents are very undervalued. Washer/dryer hookups available. *This listing includes 4405 3rd Rd S and 4031 3rd Rd S. Taxes in listing are for both properties. Property is centrally located being only minutes from PBI Airport, Rosemary Square, I95, Brightline.

Last Listed By

Christiana Nardozzi

Nardozzi Homes License #3290339 Listed on: 09/04/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,899

Year Built

  • Built in 1977

Lot Details

  • Fenced

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 6,854 Sq Ft Home
  • 1-Story Property
  • Garden Views

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • 3 Units
  • Trail Acres In Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424401100000191

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,899

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Souther to Kirk. South on Kirk. Property is just south of Gun Club on the east side of Kirk.
  • Year Built: 1977
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 6854.0

Exterior Features

  • Exterior Features: Fence
  • View: Garden
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 00424401100000191
  • Lot Size: Paved Road,Public Road
  • Zoning Description: 088-RM

Rental Info

  • Tenant Pays: Exterior Electric, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11899.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2023
Closed on
Oct 5, 2023
Sold by
Riveron Yara E
Bought by
4005-4031 Llc
Seller's Agent
Christiana Nardozzi
Nardozzi Homes
Buyer's Agent
Martha Rodriguez
Grand Realty of America, Corp.
List Price
$1,600,000
Sold Price
$1,550,000
Premium/Discount to List
-$50,000
-3.12%
Total Days on Market
7
Views
21
Current Estimated Value
$1,093,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$456,667
Avg. Annual Appreciation
-11.81%
Original Mortgage
$800,000
Outstanding Balance
$788,819
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$472,514

Purchase Details

Listed on
Sep 4, 2023
Closed on
Sep 6, 2023
Sold by
Riveron Yara E
Bought by
Riveron Yara E
Seller's Agent
Christiana Nardozzi
Nardozzi Homes
Buyer's Agent
Martha Rodriguez
Grand Realty of America, Corp.
List Price
$1,600,000
Sold Price
$1,550,000
Premium/Discount to List
-$50,000
-3.12%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$788,819
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$472,514

Purchase Details

Closed on
May 15, 2000
Sold by
Claude Millien
Bought by
Riveron Yara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,014
Interest Rate
8.28%
Mortgage Type
New Conventional

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
4005-4031 Llc $1,550,000 Florida Land Title
Riveron Yara E -- None Listed On Document
Riveron Yara E $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4005-4031 Llc $800,000
Previous Owner Riveron Yara E $130,014
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2023 10/05/23 Sold $1,550,000 -3.1% $226 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
09/04/2023 09/04/23 For Sale $1,600,000 -- $233 / Sq Ft
Source: BeachesMLS

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
2024 $7,930 $434,832 -- --
2023 $6,703 $313,245 $141,550 $286,635
2022 $5,984 $284,768 $0 $0
2021 $5,555 $304,376 $137,823 $166,553
2020 $5,784 $367,773 $139,500 $228,273
2019 $5,601 $363,229 $139,500 $223,729
2018 $4,500 $268,553 $85,556 $182,997
2017 $4,004 $224,941 $65,813 $159,128
2016 $3,835 $160,744 $0 $0
2015 $3,356 $146,131 $0 $0
2014 $3,154 $132,846 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10916815

BeachesMLS

APN: 00-42-44-01-10-000-0191