NOT LISTED FOR SALE

Estimated Value: $562,666 - $738,000

Studio
3 Baths
1,807 Sq Ft
$356/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $365,000 $202 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,244/month

50 Days on Market

Highlights

  • No HOA
  • Porch
  • Ceramic Tile Flooring
  • Balcony
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

About This Home

As of April 2019

*** LOCATION**** This Multi-Family Duplex is securely located just North of Atlantic AVE and East of US-1 . Walking distance to Publix and many other local retailers and restaurants. Also worth noting this property is less than 1 mile from Pompano Beach Park. This property is Ideal for either short, long term , or seasonal rental income. These units are separately divided into a 1/1 and a 2/2. Each with their own front and rear exits. The previous tenants were paying 1100 for the 1/1 and 1500 for the 2/2. This multi family property has solid structural integrity although the interior needs to be updated in order to demand premium rental income. NOTE: quite street, low traffic, and family friendly atmosphere.

Last Agent to Sell the Property

Jared Dotoli

Compass Florida, LLC License #3299990 Listed on: 12/18/2018

Last Buyer's Agent

Jared Dotoli

Compass Florida, LLC License #3299990 Listed on: 12/18/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,696

Year Built

  • Built in 1965

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,807 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Outdoor Features

  • Balcony
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • 22 Units
  • Beachway Manor 22 8 B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484331070180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,696

Year Built

Built in 1965

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Head East on Atlantic Ave, Left on Federal Highway US-1 , right onto 4th street and left on 23rd ave
  • Year Built: 1965
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: 5120

Interior Features

  • Flooring: Ceramic Tile, Other
  • Living Area: 1807.0
  • Stories: 1

Exterior Features

  • Exterior Features: Balcony
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Patio And Porch Features: Porch, Balcony
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 484331070180
  • Lot Size: 75425
  • Mobile Dim Units: Feet
  • Zoning: RD-1

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4696.0

Multi Family

  • Number Of Units In Community: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2018
Closed on
Apr 15, 2019
Sold by
Jmosl Llc
Bought by
Indrawansa Don J
Seller's Agent
Jared Dotoli
Compass Florida, LLC
Buyer's Agent
Jared Dotoli
Compass Florida, LLC
List Price
$410,000
Sold Price
$365,000
Premium/Discount to List
-$45,000
-10.98%
Current Estimated Value
$643,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,917
Avg. Annual Appreciation
8.68%

Purchase Details

Listed on
Dec 18, 2018
Closed on
Mar 14, 2019
Sold by
Jdp Mortgage Llc
Bought by
Jmosl Llc
Seller's Agent
Jared Dotoli
Compass Florida, LLC
Buyer's Agent
Jared Dotoli
Compass Florida, LLC
List Price
$410,000
Sold Price
$365,000
Premium/Discount to List
-$45,000
-10.98%

Purchase Details

Closed on
Mar 15, 2005
Sold by
Vetra Vetoni International Llc
Bought by
Frost Robert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
2.12%
Mortgage Type
Commercial

Purchase Details

Closed on
May 25, 2004
Sold by
Alakija Charles O
Bought by
Vetra Vetoni International Llc

Purchase Details

Closed on
Dec 12, 2002
Sold by
Oconnor Doris M
Bought by
Alakija Charles O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,750
Interest Rate
6.1%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Indrawansa Don J $365,000 Firm Title Corporation
Jmosl Llc -- None Available
Frost Robert T $330,000 --
Vetra Vetoni International Llc -- --
Vetra Vetoni International Llc -- --
Alakija Charles O $234,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frost Robert T $231,000
Previous Owner Alakija Charles O $187,750
Closed Frost Robert T $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2019 04/30/19 Sold $365,000 -11.0% $202 / Sq Ft
03/31/2019 03/31/19 Pending -- -- --
12/24/2018 12/24/18 For Sale $410,000 -- $227 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2026 $11,123 $517,030 $66,830 $450,200
2025 $10,410 $507,180 -- --
2024 $9,911 $506,750 $66,830 $439,920
2023 $9,911 $419,170 $0 $0
2022 $6,970 $356,820 $0 $0
2021 $6,725 $346,430 $66,830 $279,600
2020 $6,036 $346,430 $66,830 $279,600
2019 $6,015 $306,620 $66,830 $239,790
2018 $5,320 $266,200 $66,830 $199,370
2017 $4,696 $211,160 $0 $0
2016 $4,246 $191,970 $0 $0
2015 $3,937 $174,520 $0 $0
2014 $3,625 $158,660 $0 $0
2013 -- $151,990 $66,830 $85,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10155020

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-31-07-0180

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