NOT LISTED FOR SALE

4204 N Ocean Dr Unit 1-4 Lauderdale By the Sea, FL 33308

Estimated Value: $1,382,000 - $1,677,000

5 Beds
5 Baths
2,643 Sq Ft
$590/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $1,325,000 $501 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $9,975/month

14 Days on Market

Highlights

  • Water Views
  • Clay Flooring
  • Fenced
  • Bayview Elementary School Rated A
  • Central Air
  • Heating System Uses Gas

About This Home

As of July 2021

Beautiful 4 unit Property in the heart of Lauderdale By the Sea! Located right On A1A! Steps to the beach, surrounded by amazing restaurants, nightlife, entertainment and shopping. The mix of units is Composed of (3) 1 bedroom 1 bathroom units and (1) 2 bedroom 2 bathroom unit. Units are rented slightly below market Value with great upside potential.Location Location Location !

Last Agent to Sell the Property

Anthony Amoroso

Coldwell Banker License #3465945 Listed on: 06/01/2021

Coldwell Banker

Last Buyer's Agent

Summer Dawn Kaiulani Orazietti

Momentum Luxury Real Estate, L License #3412789

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,407

Year Built

  • Built in 1967

Lot Details

  • 5,758 Sq Ft Lot
  • Fenced

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,643 Sq Ft Home
  • 1-Story Property
  • Clay Flooring
  • Water Views

Utilities

  • Central Air
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 494318011490

Community Details

Overview

  • 4 Units
  • Lauderdale By The Sea Subdivision

Building Details

  • Operating Expense $24,105
  • Net Operating Income $61,795

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,407

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: commercial blvd to a1a (ocean dr) turn right on a1a to 4204 n ocean dr
  • Year Built: 1967
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Clay, Other
  • Living Area: 2643.0

Exterior Features

  • Exterior Features: Fence
  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Brick Veneer, Block
  • Property Condition: Resale
  • Roof: Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 494318011490
  • Lot Size Sq Ft: 5758.0
  • Zoning Description: multi fa
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 61795.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 24105.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 12407.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jul 16, 2021
Sold by
Casillo Charles
Bought by
Fortune Properties Llc
Seller's Agent
Anthony Amoroso
Coldwell Banker
Buyer's Agent
Summer Dawn Kaiulani Orazietti
Momentum Luxury Real Estate, L
List Price
$1,350,000
Sold Price
$1,325,000
Premium/Discount to List
-$25,000
-1.85%
Current Estimated Value
$1,560,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,564
Avg. Annual Appreciation
3.91%

Purchase Details

Closed on
Dec 16, 2020
Sold by
Rtmt Double A Inc
Bought by
Casillo Charles

Purchase Details

Closed on
Jul 3, 2012
Sold by
4204 North Ocean Drive Llc
Bought by
Rtmt Double A Inc

Purchase Details

Closed on
Jun 19, 2009
Sold by
Longo Edward and Christofano John
Bought by
4204 North Ocean Drive Llc

Purchase Details

Closed on
Apr 9, 2009
Sold by
Lueder Carola
Bought by
Longo Edward and Christofano John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
5.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 2006
Sold by
Patane Victor
Bought by
Lueder Carola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
7.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 27, 2000
Sold by
Kloster Marcelina
Bought by
Patane Victor

Purchase Details

Closed on
Jul 9, 1993
Sold by
Gold Coast Hollywood Corp
Bought by
Renzi Bonnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 1990
Sold by
Available Not
Bought by
Available Not
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
Fortune Properties Llc $1,325,000 Nu World Title Llc
Casillo Charles $860,000 New Title Company Name
Rtmt Double A Inc $499,000 Market Title Llc
4204 North Ocean Drive Llc -- None Available
Longo Edward $350,000 Partners Title Inc
Lueder Carola $785,000 Attorney
Patane Victor $342,857 --
Renzi Bonnie L $190,000 --
Available Not $187,786 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Longo Edward $262,500
Previous Owner Lueder Carola $628,000
Previous Owner Patane Victor $293,000
Previous Owner Patane Victor $285,000
Previous Owner Renzi Bonnie L $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $1,325,000 -1.9% $501 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $1,350,000 -- $511 / Sq Ft
Source: BeachesMLS

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 $20,716 $1,113,110 $172,740 $940,370
2024 $22,640 $1,100,000 $115,560 $984,440
2023 $22,640 $1,195,150 $115,560 $1,079,590
2022 $20,949 $1,155,860 $115,560 $1,040,300
2021 $16,121 $883,510 $115,560 $767,950
2020 $12,406 $671,310 $115,560 $555,750
2019 $11,994 $643,240 $115,560 $527,680
2018 $13,557 $804,910 $115,560 $689,350
2017 $12,614 $636,870 $0 $0
2016 $11,679 $578,980 $0 $0
2015 $10,634 $526,350 $0 $0
2014 $9,848 $478,500 $0 $0
2013 -- $445,710 $115,560 $330,150
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Anthony Amoroso

    Coldwell Banker

    (561) 395-2233

    2 in this area

    39 Total Sales

    Anthony Amoroso
    Section Image
  • Summer Dawn Kaiulani Orazietti

    Buyer's Agent in 2021

    Summer Dawn Kaiulani Orazietti

    Momentum Luxury Real Estate, L

    (954) 298-0176

    2 in this area

    136 Total Sales

    Summer Dawn Kaiulani Orazietti
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10720541

BeachesMLS

APN: 49-43-18-01-1490

Florida Broward County Lauderdale-by-the-Sea 33308

4204 N Ocean Dr Unit 1-4, Lauderdale-by-the-Sea, FL

This home is located at 4204 N Ocean Dr Unit 1-4, Lauderdale By the Sea, FL 33308 since 01 June 2021 and is currently estimated at $1,560,564, approximately $590 per square foot. This property was built in 1967. 4204 N Ocean Dr Unit 1-4 is a home located in Broward County with nearby schools including Bayview Elementary School, Sunrise Middle School, and Fort Lauderdale 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 IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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