$209,583
SOLD JUL 15, 2019
-- Bed
-- Bath
1,276 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$164 Per Sq Ft

5% Below List Price

107 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring

About This Home

As of February 2022

Great Duplex with centralized A/C, a huge well-maintained lot, and newly renovated kitchens and bathrooms. The property consists of two 2-bed/1-bath units that are 100% leased at below market rates. This single-story building features CBS construction, ceramic tile flooring, and modern architecture. Amazing opportunity in east-central Fort Lauderdale that will not last!

THIS PROPERTY MAY BE PURCHASED INDIVIDUALLY or in any combination with the other 24 properties in this portfolio offering. Showings are by appointment only. Do not disturb the tenants. Call us for more information on this property or the other properties in this portfolio.

Last Agent to Sell the Property

Julie Abolafia

Meridian Commercial License #3129097 Listed on: 12/14/2018

Co-Listed By

Douglas Driver

Meridian Commercial License #0672274

Last Buyer's Agent

Douglas Driver

Meridan Realty Advisors, Inc License #0672274

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,046

Year Built

  • Built in 1953

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Substantially Remodeled
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Dorsey Park First Add Condos
  • Dorsey Park First Add Subdivision

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 504204240670

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,046

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1953
  • Property Sub Type: Duplex
  • Co List Office Mls Id: MDNC01
  • Co List Office Phone: 754-900-1900
  • Directions: I-95 to Broward Blvd head east. make a left onto Nw 15th Ave, another left onto Nw 4th St, and a right onto Nw 15th Way and the property will be on the right.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: DORSEY PARK FIRST ADD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Flat Tile
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: DORSEY PARK FIRST ADD
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 504204240670
  • Zoning: RS-8
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2046

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Mar 31, 2022
Sold by
John Hill
Bought by
Nw 15Th Way Holdings Llc
Seller's Agent
Alberto Mazatan
United Realty Group Inc
Buyer's Agent
Delamarie Co Braveboy
MMLS Assoc.-Inactive Member
List Price
$310,000
Sold Price
$327,000
Premium/Discount to List
$17,000
5.48%
Current Estimated Value
$447,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,222
Avg. Annual Appreciation
9.22%
Original Mortgage
$248,000
Outstanding Balance
$234,325
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$212,897

Purchase Details

Listed on
Jan 27, 2022
Closed on
Feb 23, 2022
Sold by
Quantum Capital Investments Holding 1 Ll
Bought by
Hill John
Seller's Agent
Alberto Mazatan
United Realty Group Inc
Buyer's Agent
Delamarie Co Braveboy
MMLS Assoc.-Inactive Member
List Price
$310,000
Sold Price
$327,000
Premium/Discount to List
$17,000
5.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Outstanding Balance
$234,325
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$212,897

Purchase Details

Closed on
Nov 12, 2013
Sold by
Between Cofab Properties Llc
Bought by
Fabian Properties Llc

Purchase Details

Listed on
Feb 7, 2013
Closed on
Apr 19, 2013
Sold by
Fannie Mae
Bought by
Cofab Properties Llc
Seller's Agent
Steve McAleer
The Agency Florida LLC
List Price
$74,900
Sold Price
$77,000
Premium/Discount to List
$2,100
2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.26%

Purchase Details

Closed on
Jan 23, 2013
Sold by
Sorto Rosa D and Sorto Ventura
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 30, 2004
Sold by
Currithers Althea
Bought by
Sorto Ventura and Sorto Rosa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Interest Rate
6.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 2003
Sold by
Davis Arthur and Davis Joy
Bought by
Currithers Althea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,025
Interest Rate
5.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 13, 2001
Sold by
Godlstein Dev Llc C
Bought by
Davis Athur and Davis Joy

Purchase Details

Closed on
Jun 28, 2001
Sold by
Of Hud Secretary I
Bought by
Keystone Halls Inc

Purchase Details

Closed on
Sep 21, 1999
Sold by
Anderson Latosha
Bought by
Dukes Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,795
Interest Rate
7.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 1999
Sold by
Howard Kratenstein Tr
Bought by
Anderson Latosha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,795
Interest Rate
7.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 3, 1998
Sold by
Wright Morey
Bought by
Kratenstein Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,647
Interest Rate
7.07%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 21, 1997
Sold by
Mondell & Associates Inc
Bought by
Wright Morey

Purchase Details

Closed on
Feb 8, 1996
Sold by
Walker Thomas B and Walker Alice Mai
Bought by
Mondell & Associates Inc
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 Type Sale Price Title Company
Warranty Deed -- Independence Title
Warranty Deed $327,000 Independence Title
Quit Claim Deed -- None Available
Special Warranty Deed $77,000 Attorney
Trustee Deed -- None Available
Warranty Deed $137,000 All Florida Title Co Inc
Warranty Deed $109,500 Township Land & Title Inc
Warranty Deed $97,000 --
Warranty Deed $45,000 --
Warranty Deed $35,000 --
Warranty Deed $25,200 --
Warranty Deed $102,000 --
Warranty Deed $58,000 --
Warranty Deed $110,000 --
Warranty Deed $55,000 --
Warranty Deed $16,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $248,000 New Conventional
Previous Owner $109,600 Commercial
Previous Owner $104,025 Commercial
Previous Owner $21,795 Commercial
Previous Owner $16,647 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2022 02/23/22 Sold $327,000 +5.5% $238 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $310,000 +47.9% $226 / Sq Ft
07/15/2019 07/15/19 Sold $209,583 -4.7% $164 / Sq Ft
03/18/2019 03/18/19 Pending -- -- --
12/01/2018 12/01/18 For Sale $220,000 +185.7% $172 / Sq Ft
04/23/2013 04/23/13 Sold $77,000 +2.8% $56 / Sq Ft
03/24/2013 03/24/13 Pending -- -- --
02/07/2013 02/07/13 For Sale $74,900 -- $55 / 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 $6,611 $315,840 -- --
2024 $6,809 $287,130 $16,950 $270,180
2023 $6,809 $296,780 $16,950 $279,830
2022 $5,158 $216,860 $16,950 $199,910
2021 $4,849 $201,030 $16,950 $184,080
2020 $4,830 $201,030 $16,950 $184,080
2019 $2,570 $126,900 $16,950 $109,950
2018 $2,191 $108,370 $16,950 $91,420
2017 $2,046 $76,240 $0 $0
2016 $1,954 $69,310 $0 $0
2015 $1,689 $63,010 $0 $0
2014 $1,594 $57,290 $0 $0
2013 -- $54,850 $16,950 $37,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10586294

MIAMI REALTORS® MLS

APN: 50-42-04-24-0670