NOT LISTED FOR SALE

Estimated Value: $690,432 - $760,000

4 Beds
2 Baths
1,854 Sq Ft
$389/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $499,000 $269 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,729/month

140 Days on Market

Highlights

  • Room in yard for a pool
  • Tile Flooring
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window
  • Fenced

About This Home

As of June 2021

Located in the heart of Fort Lauderdale this property is the investment you've been looking for. Property is currently rented as a triplex with $5,000/month gross income. Large lot prime for development. Access to the property from 3 roads. Each unit has it's own private yard. Parking for 10+ cars. New 200 amp electric service. Close proximity to everything and anything in Fort Lauderdale. Tenants are happy and would like to stay, great rental area. Please do not disturb the tenants.

Last Agent to Sell the Property

Daniel Neafsey

Xcellence Realty Inc. License #698880 Listed on: 01/09/2021

Xcellence Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,088

Year Built

  • Built in 1951

Lot Details

  • 0.28

Parking

  • 10 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,854 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Tile Flooring

Utilities

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

Additional Features

  • Room in yard for a pool
  • Fenced

Community Details

  • 3 Units
  • Lauderdale 2 9 D Subdivision

Listing and Financial Details

  • Total Actual Rent $5,000
  • Rent includes electricity, hot water, sewer, trash collection, water
  • Assessor Parcel Number 504215012210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,088

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: I-95 TO DAVIE BLVD, EAST TO PROPERTY ON THE SOUTH SIDE OF THE STREET JUST WEST OF 4TH AVE.
  • Year Built: 1951
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Tile
  • Living Area: 1854.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Fence, Room For Pool
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 10.0

Utilities

  • Other Equipment: Satellite Dish
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 504215012210
  • Zoning Description: RD-15

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7088.0

Multi Family

  • Number Of Units Total: 3
  • Total Actual Rent: 5000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2021
Closed on
Jun 28, 2021
Sold by
Pearl Jennifer
Bought by
Milian Sandra L and Quinones Jacobo
Seller's Agent
Daniel Neafsey
Xcellence Realty Inc.
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$721,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,358
Avg. Annual Appreciation
9.24%

Purchase Details

Listed on
Apr 15, 2016
Closed on
Oct 4, 2017
Sold by
Khjg Llc
Bought by
Pearl Jennifer
Seller's Agent
Mary Moran
Choice Properties of South Florida Inc.
Buyer's Agent
Joshua Deacy
Inactive Member
List Price
$350,000
Sold Price
$290,000
Premium/Discount to List
-$60,000
-17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.71%
Original Mortgage
$217,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Khjg Llc

Purchase Details

Closed on
May 11, 2009
Sold by
Greaves John
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Aug 20, 2007
Sold by
Greaves John D
Bought by
Greaves John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
8.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 1995
Sold by
Greaves Carmen L
Bought by
Greaves John D
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 Buyer Sale Price Title Company
Milian Sandra L $499,000 Optimar Title Llc
Pearl Jennifer $290,000 Attorney
Khjg Llc $118,000 Attorney
Federal Home Loan Mortgage Corp -- Attorney
Greaves John $365,000 Masters Title Of St Augustin
Greaves John D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pearl Jennifer $217,500
Previous Owner Greaves John $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2021 06/29/21 Sold $499,000 0.0% $269 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
01/09/2021 01/09/21 For Sale $499,000 +72.1% $269 / Sq Ft
10/10/2017 10/10/17 Sold $290,000 -17.1% $156 / Sq Ft
09/10/2017 09/10/17 Pending -- -- --
04/15/2016 04/15/16 For Sale $350,000 -- $189 / 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 -- $544,080 -- --
2024 $9,686 $510,160 $60,000 $450,160
2023 $9,686 $449,660 $60,000 $389,660
2022 $8,917 $419,790 $60,000 $359,790
2021 $7,924 $351,140 $0 $0
2020 $7,088 $331,090 $60,000 $271,090
2019 $6,015 $290,200 $60,000 $230,200
2018 $5,780 $290,150 $60,000 $230,150
2017 $5,234 $251,040 $0 $0
2016 $4,867 $228,220 $0 $0
2015 $4,690 $207,480 $0 $0
2014 $4,227 $188,620 $0 $0
2013 -- $171,480 $84,000 $87,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10265823

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-15-01-2210