NOT LISTED FOR SALE

417 SE 16th St Fort Lauderdale, FL 33316

Croissant Park Neighborhood

Estimated Value: $523,906

3 Beds
2 Baths
1,900 Sq Ft
$276/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $525,000 $276 Per Sq Ft

Current estimated payment $3,715/month

54 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of July 2024

Potential redevelopment site with existing single family home that was converted into a nonconforming three unit building. Property is within the boundaries of the South Regional Activity Center (SRAC). Presently zoned RO (Residential Office) the property can be rezoned to uses allowed under the SRAC. The location is close to the International Airport, Broward General Hospital, downtown Fort Lauderdale, Port Everglades and Fort Lauderdale Beach. Property needs work.

Last Agent to Sell the Property

Jim Welch

RE/MAX Consultants Realty 1 License #302946 Listed on: 05/15/2024

RE/MAX Consultants Realty 1

Co-Listed By

Christian Duhaime

RE/MAX Consultants Realty 1 License #3241328

RE/MAX Consultants Realty 1

Last Buyer's Agent

Christian Duhaime

RE/MAX Consultants Realty 1 License #3241328

RE/MAX Consultants Realty 1

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,967

Year Built

  • Built in 1941

Lot Details

  • Lot Dimensions are 50 x 143

Parking

  • 6 Parking Spaces

Home Design

  • Triplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,900 Sq Ft Home
  • 1-Story Property

Flooring

  • Concrete
  • Tile

Utilities

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

Community Details

  • 3 Units
  • Croissant Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504215104970

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,967

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Just west of US-1 on the north side of SE 16th Street.
  • Year Built: 1941
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Concrete, Tile
  • Living Area: 1900.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Frame, Stucco
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 504215104970
  • Lot Size: 50 X 143
  • Zoning Description: RO

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8967.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jul 1, 2024
Sold by
Edward W Sherburne Revocable Living Trus and Galatis Ted P
Bought by
Fll401 Investment Llc
Seller's Agent
Jim Welch
RE/MAX Consultants Realty 1
Buyer's Agent
Christian Duhaime
RE/MAX Consultants Realty 1
List Price
$525,000
Sold Price
$525,000
Views
7
Current Estimated Value
$523,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,094
Avg. Annual Appreciation
-0.19%
Original Mortgage
$342,000
Outstanding Balance
$338,182
Interest Rate
6.94%
Mortgage Type
Balloon
Estimated Equity
$185,724

Purchase Details

Closed on
Mar 31, 2017
Sold by
Parker Dottle J
Bought by
Sherbarne Edward W and Sherbarne Revocable T Edward W

Purchase Details

Closed on
Jan 16, 1998
Sold by
Churchward Michael V
Bought by
Parker Dottie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
7.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 22, 1997
Sold by
Solomos Gerasimos and Solomos Nikolaos
Bought by
Churchward Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
7.86%
Mortgage Type
Commercial
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
Fll401 Investment Llc $525,000 None Listed On Document
Sherbarne Edward W $320,000 Attorney
Parker Dottie J $104,000 --
Churchward Michael $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fll401 Investment Llc $342,000
Previous Owner Parker Dottie J $208,100
Previous Owner Parker Dottie J $101,000
Previous Owner Churchward Michael $93,600
Previous Owner Churchward Michael $71,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $525,000 0.0% $276 / Sq Ft
05/15/2024 05/15/24 For Sale $525,000 -- $276 / 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 $10,336 $574,620 $214,500 $360,120
2024 $8,967 $574,620 $214,500 $360,120
2023 $8,967 $416,860 $0 $0
2022 $8,096 $378,970 $0 $0
2021 $7,471 $344,520 $0 $0
2020 $7,429 $346,440 $71,500 $274,940
2019 $6,244 $284,730 $71,500 $213,230
2018 $6,680 $322,480 $71,500 $250,980
2017 $5,121 $176,750 $0 $0
2016 $4,833 $160,690 $0 $0
2015 $3,604 $146,090 $0 $0
2014 $3,482 $132,810 $0 $0
2013 -- $120,740 $50,050 $70,690
Source: Public Records

Agents Affiliated with this Home

  • Jim Welch

    Seller's Agent in 2024

    Jim Welch

    RE/MAX

    (954) 830-1816

    3 in this area

    21 Total Sales

    Jim Welch
    Section Image
  • Christian Duhaime

    Seller Co-Listing Agent in 2024

    Christian Duhaime

    RE/MAX

    (954) 980-3780

    3 in this area

    81 Total Sales

    Christian Duhaime
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10440702

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-15-10-4970

Florida Broward County Fort Lauderdale 33316 Croissant Park

417 SE 16th St, Fort Lauderdale, FL

This home is located at 417 SE 16th St, Fort Lauderdale, FL 33316 since 15 May 2024 and is currently estimated at $523,906, approximately $275 per square foot. This property was built in 1941. 417 SE 16th 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.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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