NOT LISTED FOR SALE

403 SW 12th St Fort Lauderdale, FL 33315

Tarpon River Neighborhood

Estimated Value: $664,000 - $730,000

3 Beds
2 Baths
1,834 Sq Ft
$379/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $425,000 $232 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,577/month

168 Days on Market

Highlights

  • Deeded Boat Dock
  • River Front
  • Wood Flooring
  • Concrete Pool
  • Deck
  • Furnished

About This Home

As of December 2020

UNIQUE OPPORTUNITY TO BUY ONE OR TWO PROPERTIES WITH MANY POSSIBILITIES! 403 is a 2/2 and 1/1 duplex currently operated as three vacation rental units with largest unit split into two. Property is nicely updated and acquainted and can be sold furnished making it an excellent turnkey rental opportunity. Land is over 13,000 sq ft with a 15x30’ swimming pool and boat dock. Both units are spacious with larger unit featuring granite countertops, tile floors, panoramic views of the river and opportunity to add a 3rd bedroom. Smaller unit has beautiful wood floors, new 2018 central AC system and opens out to the pool. See 417 next door for bulk purchase. Buying both properties allows for .54 acres of riverfront land zoned RD-15 for an extremely valuable redevelopment opportunity.

Last Agent to Sell the Property

James Fletcher

MMLS Assoc.-Inactive Member License #3350065 Listed on: 04/01/2020

MMLS Assoc.-Inactive Member

Last Buyer's Agent

James Fletcher Jr

Re/Max Ambassador Realty License #3350065

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,562

Year Built

  • Built in 1949

Lot Details

  • 135 Ft Wide Lot
  • River Front

Parking

  • 8 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,834 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Partial Impact Glass

Flooring

  • Wood
  • Tile

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Fixed Bridges
  • Seawall
  • Deeded Boat Dock
  • Deck
  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Space Heater
  • Satellite Dish

Listing and Financial Details

  • Rent includes cable TV, electricity, gas, pool maintenance, sewer, trash collection, water
  • Assessor Parcel Number 504215191510

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • River Sec Of Croissant Pa Condos
  • River Sec Of Croissant Pa Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,562

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1949
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Directions: Northwest corner of SW 4th Ave and Davie Blvd. East of I-95, west of US-1 and railroad tracks. Park anywhere in front of green house (403 SW 12th St). SW 12th Street is the same as Davie Blvd.
  • Horses: No
  • Inclusions: Private Dock, Dock Owned/Included,Private Dock
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: RIVER SEC OF CROISSANT PA
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Other, Tile, Wood
  • Furnished: Furnished
  • Other Equipment: Satellite Dish
  • Possible Use: Primary
  • Stories: 1
  • Window Features: Partial Impact Glass, Blinds, Drapes

Exterior Features

  • Roof: Other, Shingle
  • Disclosures: Disclosure
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Deck, Patio
  • Pool Features: In Ground, Concrete
  • Pool Private: No
  • View: No
  • Waterfront Features: Fixed Bridge(S), River, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: RIVER SEC OF CROISSANT PA
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Space Heater
  • Heating Yn: Yes
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 504215191510
  • Zoning: RD-15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Cable TV, Electricity, Gas, Pool Maintenance, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7562

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2020
Closed on
Dec 2, 2020
Sold by
Fletcher James Ernest
Bought by
Katari Bhargavi and Mulpuri Monish
Seller's Agent
James Fletcher
MMLS Assoc.-Inactive Member
Buyer's Agent
James Fletcher Jr
Re/Max Ambassador Realty
List Price
$1,350,000
Sold Price
$425,000
Premium/Discount to List
-$925,000
-68.52%
Current Estimated Value
$694,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,937
Avg. Annual Appreciation
11.40%
Original Mortgage
$340,000
Outstanding Balance
$304,615
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$401,988

Purchase Details

Closed on
Aug 15, 2018
Sold by
Caamano Carmen
Bought by
Fletcher James Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,500
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2016
Sold by
Schebovitz Niki
Bought by
Caamano Carmen

Purchase Details

Closed on
Mar 20, 2015
Sold by
Day Mickey Ann
Bought by
Schebovitz Niki

Purchase Details

Closed on
Feb 4, 2015
Sold by
Livin Day Mickey Ann and Livin Mickey Ann Day Revocable
Bought by
Day Mickey Ann

Purchase Details

Closed on
Feb 25, 2011
Sold by
Day Mickey Ann
Bought by
Livin Day Mickey Ann and Livin Mickey Ann Day Revocable
Source: Public Records

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
Katari Bhargavi $425,000 New Title Company Name
Fletcher James Ernest $420,000 South Florida Title Group In
Caamano Carmen $310,000 Attorney
Schebovitz Niki $244,000 Estate Title Of St Augustine
Day Mickey Ann -- Estate Title Of St Augustine
Livin Day Mickey Ann -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katari Bhargavi $200,000
Open Katari Bhargavi $340,000
Previous Owner Fletcher James Ernest $377,500
Previous Owner Day Mickey A $375,000
Previous Owner Day Margaret Ann $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2020 12/03/20 Sold $425,000 0.0% $232 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
09/04/2020 09/04/20 Off Market $425,000 -- --
08/15/2020 08/15/20 Price Changed $500,000 -4.8% $273 / Sq Ft
07/27/2020 07/27/20 Price Changed $525,000 -4.5% $286 / Sq Ft
06/15/2020 06/15/20 Price Changed $550,000 -4.3% $300 / Sq Ft
05/25/2020 05/25/20 Price Changed $575,000 -54.0% $314 / Sq Ft
05/05/2020 05/05/20 Price Changed $1,250,000 -7.4% $682 / Sq Ft
04/01/2020 04/01/20 For Sale $1,350,000 -- $736 / 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 $9,486 $475,390 -- --
2024 $9,262 $486,290 -- --
2023 $9,262 $462,590 $0 $0
2022 $8,603 $444,530 $0 $0
2021 $8,337 $430,340 $94,180 $336,160
2020 $8,011 $373,430 $94,180 $279,250
2019 $7,562 $373,430 $94,180 $279,250
2018 $6,202 $313,420 $94,180 $219,240
2017 $5,786 $285,460 $0 $0
2016 $5,231 $247,670 $0 $0
2015 $3,830 $146,530 $0 $0
2014 $3,607 $133,210 $0 $0
2013 -- $121,100 $94,180 $26,920
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    James Fletcher

    MMLS Assoc.-Inactive Member

    Section Image

  • J

    Buyer's Agent in 2020

    James Fletcher Jr

    RE/MAX

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10836111

MIAMI REALTORS® MLS

APN: 50-42-15-19-1510

Florida Broward County Fort Lauderdale 33312 Tarpon River

403 SW 12th St, Fort Lauderdale, FL

This home is located at 403 SW 12th St, Fort Lauderdale, FL 33315 since 01 April 2020 and is currently estimated at $694,937, approximately $378 per square foot. This property was built in 1949. 403 SW 12th St 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.

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.

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