NOT LISTED FOR SALE

Estimated Value: $442,728 - $626,000

4 Beds
2 Baths
1,189 Sq Ft
$444/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $475,000 $399 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,534/month

3 Days on Market

Highlights

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

About This Home

As of May 2023

Welcome to your new investment property in the heart of South Florida! This duplex boasts long-term tenants, generating a steady income. Located just 1.8 miles from the famous Hard Rock Casino and 9 miles from the trendy Las Olas area, you will have access to some of the best shopping, dining, and entertainment that Fort Lauderdale has to offer. Not to mention, Fort Lauderdale's gorgeous beaches are just a short drive away, providing endless opportunities for relaxation and recreation. With easy access to major highways like the Turnpike and 595, commuting to work or exploring the rest of the Sunshine State has never been easier.Don't miss out on this amazing opportunity - schedule a showing today and see for yourself why investing in South Florida is the right move for you. Welcome to this charming duplex located in the heart of South Florida, just 1.8 miles from the thrilling Hard Rock Casino and 9 miles from the trendy Las Olas Boulevard. This income-producing property boasts two long-term tenants, providing a stable source of revenue for any savvy investor.Enjoy the best of South Florida living, with the famous Fort Lauderdale beaches just a short drive away. Bask in the sun, surf, and sand, or indulge in the many dining and entertainment options in the area.Investing in this duplex offers many benefits, including strong rental demand, the potential for appreciation, and a desirable location in a growing market. Plus, the convenience of being just minutes from the Turnpike and 595, and only 8 miles from Fort Lauderdale Airport, makes this property a highly desirable choice for both tenants and owners.Don't miss out on this incredible opportunity to own a piece of South Florida paradise while generating a steady stream of income. Schedule your showing today!

Last Agent to Sell the Property

Jonathan Torres

Charles Rutenberg Realty FTL License #3257135 Listed on: 04/18/2023

Charles Rutenberg Realty FTL

Last Buyer's Agent

Daniel VanBronkhorst

The Agency Florida LLC License #3379273

The Agency Florida LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,907

Year Built

  • Built in 1964

Home Design

  • Duplex

Interior Spaces

  • 1,189 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include ground maintenance
  • 22 Units
  • Davie Little Ranches Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504126080010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,907

Year Built

Built in 1964

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: From 595 head south on Davie Rd and head East on Orange Drive until you see SW 56th Ave then head north. The duplex will be located on the corner of SW 56th Ave and SW 42nd Street.
  • Year Built: 1964
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Private Spa: No
  • Flooring: Ceramic Tile
  • Living Area: 1189.0
  • Stories: 1

Exterior Features

  • Exterior Features: Balcony
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Porch, Balcony
  • Property Condition: Resale
  • Roof: Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Separate Meters
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: Maintenance Grounds

Lot Info

  • Parcel #: 504126080010
  • Lot Size: 7250
  • Mobile Dim Units: Feet
  • Zoning: ENSZD

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5907.0

Multi Family

  • Number Of Units In Community: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2024
Sold by
Stringer Michael Spencer and Stringer Carisa Powell
Bought by
Huachuca Holdings Llc
Current Estimated Value
$527,932

Purchase Details

Listed on
Apr 18, 2023
Closed on
May 4, 2023
Sold by
Torres Ruth
Bought by
Stringer Carisa Powell and Stringer Michael Spencer
Seller's Agent
Jonathan Torres
Charles Rutenberg Realty FTL
Buyer's Agent
Daniel VanBronkhorst
The Agency Florida LLC
List Price
$475,000
Sold Price
$475,000
Views
169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.75%

Purchase Details

Listed on
Oct 13, 2016
Closed on
Oct 28, 2016
Sold by
7 South 7 Street Llc
Bought by
Torres Ruth
Seller's Agent
Rhonda Hooper
Broward Realty Partners
Buyer's Agent
Jonathan Torres
Coral Shores Realty
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.36%
Original Mortgage
$153,750
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 14, 2014
Closed on
Dec 10, 2014
Sold by
Champion Steven D
Bought by
7 South 7 Street Llc
Seller's Agent
Rhonda Hooper
Keller Williams Realty Profess
Buyer's Agent
Rhonda Hooper
Keller Williams Realty Profess
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.56%

Purchase Details

Closed on
Jul 26, 2013
Sold by
Champion Angel Lois
Bought by
Champion Steven D

Purchase Details

Closed on
Dec 31, 2006
Sold by
Champion Steven D
Bought by
Champion Angel Lois

Purchase Details

Closed on
Feb 3, 2005
Sold by
Nilchian Nasrin
Bought by
Champion Steven D and Champion Angel Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 26, 2004
Sold by
Oliver Glorian Badger
Bought by
Jackson Rosa Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 23, 2004
Sold by
Jackson Rosa Mae
Bought by
Nilchian Nasrin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.35%
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
Huachuca Holdings Llc -- Vital Title
Stringer Carisa Powell $475,000 Usa Trust Title
Torres Ruth $210,000 Nexstar Title And Escrow Llc
7 South 7 Street Llc $160,000 Attorney
Champion Steven D $151,000 Attorney
Champion Angel Lois -- Attorney
Champion Steven D $210,000 --
Jackson Rosa Mae -- --
Nilchian Nasrin $125,000 --
Jackson Rosa Mae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torres Ruth $153,750
Previous Owner Champion Steven D $168,000
Previous Owner Nilchian Nasrin $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2023 05/04/23 Sold $475,000 0.0% $399 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
04/18/2023 04/18/23 For Sale $475,000 +126.2% $399 / Sq Ft
10/31/2016 10/31/16 Sold $210,000 -6.7% $273 / Sq Ft View Prior Sale
10/14/2016 10/14/16 Pending -- -- --
08/26/2016 08/26/16 For Sale $225,000 +40.6% $293 / Sq Ft
12/15/2014 12/15/14 Sold $160,000 -8.6% $135 / Sq Ft View Prior Sale
11/15/2014 11/15/14 Pending -- -- --
03/21/2014 03/21/14 For Sale $175,000 -- $147 / 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 $9,439 $427,780 $58,000 $369,780
2025 $9,238 $427,780 $58,000 $369,780
2024 $5,887 $417,960 $58,000 $359,960
2023 $5,887 $239,490 $58,000 $181,490
2022 $5,907 $260,150 $0 $0
2021 $5,480 $236,500 $58,000 $178,500
2020 $5,603 $236,500 $58,000 $178,500
2019 $5,305 $227,960 $58,000 $169,960
2018 $5,030 $219,840 $58,000 $161,840
2017 $4,595 $196,850 $0 $0
2016 $4,275 $178,920 $0 $0
2015 $4,071 $163,620 $0 $0
2014 $2,854 $101,110 $0 $0
2013 -- $95,780 $58,000 $37,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10376774

BeachesMLS (Greater Fort Lauderdale)

APN: 50-41-26-08-0010

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