NOT LISTED FOR SALE

401 SE 3rd Ave Hallandale Beach, FL 33009

Estimated Value: $414,133 - $500,000

2 Beds
2 Baths
1,233 Sq Ft
$370/Sq Ft Est. Value

Last Sold January 25, 2022

Last sale price $355,000 $288 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,039/month

271 Days on Market

Highlights

  • No HOA
  • Heating Available
  • 1-Story Property
  • Cooling Available

About This Home

As of January 2022

Super Super Deal, Just $390,000 for this Beautiful 2 units DUPLEX BUILDING, in one the most desirable destination of Hallandale Beach, Incredible Deal, this Building is 1,233 sf and the Land is 4,040 sf. Great Deal.
Income: Apt. No.1 (1 Bed/1 Bat + Den) paid $875.00 per month and Apt. No. 2 (1Bed/1Bath) paid $850.00.
Current Income is= $875.00 + $850.00 = $1,725.00 X 12 months = $20,700.00
TOTAL INCOME= $20,700.00/year
Expenses:
Property Taxes 2020 = $3,436.73/year
Insurance = $2,700.00 /year
Landscaping = $1,440.00 /year
Total Expenses= $7,576.73
NET OPERATING INCOME= $13,123.27
MARKET RENT SHOLD BE: APT. #1(1Bed/1Bath + Den) for $1,400/month and Apt. #2 (1Bed/1Bath) for $1,200.00. Each Apartments have there own electrical meter and water meter.
Tenants are month to month

Last Agent to Sell the Property

David Heinrich

The Keyes Company License #3187652 Listed on: 03/07/2021

The Keyes Company

Last Buyer's Agent

David Heinrich

The Keyes Company License #3187652 Listed on: 03/07/2021

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,437

Year Built

  • Built in 1972

Lot Details

  • 4,051

Parking

  • 3 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 1,233 Sq Ft Home
  • 1-Story Property

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Hallandale Park No 3 6 7 Condos
  • Hallandale Park No 3 6 7 Subdivision

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 514227160620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,437

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1972
  • Property Sub Type: Duplex
  • Architectural Style: Other
  • Directions: GPS
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: HALLANDALE PARK NO 3 6-7
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 1233
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Other
  • Construction Type: Other
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HALLANDALE PARK NO 3 6-7
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514227160620
  • Zoning: Residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3437

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2021
Closed on
Jan 11, 2022
Sold by
Talukder and Sharmin
Bought by
Happy Houses Investments Llc
Seller's Agent
David Heinrich
The Keyes Company
Buyer's Agent
David Heinrich
The Keyes Company
List Price
$390,000
Sold Price
$355,000
Premium/Discount to List
-$35,000
-8.97%
Current Estimated Value
$456,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,033
Avg. Annual Appreciation
6.69%

Purchase Details

Closed on
Apr 21, 2005
Sold by
Vazquez Karen Ann and Tanzola Karen
Bought by
Talukder Nuruzzaman and Talukder Sharmin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,265
Interest Rate
5.98%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 2001
Sold by
Anthony Tanzola Jr M and Tanzola M Karen A
Bought by
Tanzola Karen

Purchase Details

Closed on
Jul 1, 1989
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Happy Houses Investments Llc $355,000 Paul Feldman Pa
Talukder Nuruzzaman $235,000 --
Tanzola Karen -- --
Available Not $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Talukder Nuruzzaman $211,265
Previous Owner Tanzola Karen $75,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2022 01/25/22 Sold $355,000 -9.0% $288 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $390,000 0.0% $316 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
03/07/2021 03/07/21 For Sale $390,000 -- $316 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $7,682 $344,450 $24,240 $320,210
2024 $7,366 $334,230 $24,240 $309,990
2023 $7,366 $314,270 $24,240 $290,030
2022 $4,213 $138,380 $0 $0
2021 $3,640 $125,800 $0 $0
2020 $3,437 $198,410 $24,240 $174,170
2019 $3,324 $198,410 $24,240 $174,170
2018 $2,820 $164,830 $24,240 $140,590
2017 $2,415 $85,940 $0 $0
2016 $2,235 $78,130 $0 $0
2015 $2,018 $71,030 $0 $0
2014 $1,765 $64,580 $0 $0
2013 -- $73,490 $24,240 $49,250
Source: Public Records

Agents Affiliated with this Home

  • David Heinrich

    Seller's Agent in 2022

    David Heinrich

    The Keyes Company

    (305) 926-3106

    8 in this area

    30 Total Sales

    David Heinrich
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11009411

MIAMI REALTORS® MLS

APN: 51-42-27-16-0620

Florida Broward County Hallandale Beach 33009

401 SE 3rd Ave, Hallandale Beach, FL

Not Listed for Sale

MultiFamily

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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes