$555,000
SOLD DEC 11, 2024
-- Bed
-- Bath
1,246 Sq Ft
5,358 Sq Ft Lot

Recently Sold

$445 Per Sq Ft

7% Below List Price

124 Days on Market

Highlights

  • Fruit Trees
  • Porch
  • Open Patio
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

About This Home

As of December 2024

Investors and homeowners welcome! This property is ideal for savvy investors or homeowners looking to offset their mortgage with rental income. The upper unit is a 1/1 and the lower unit is a 2/1. Both units offer natural light, are upgraded including stainless appliances and have in Unit Washers and Dryers. The large and lush front yard is complete with a private patio, parking, mango, avocado, and papaya trees! Located right behind the antique row - you are walking distance to restaurants, entertainment, and shops. Plus, minutes away from the beach, downtown WPB, WPB Airport,1-95, schools, Parks, and Museums!
425 EL Prado offers the perfect combination of comfort, convenience, and income potential.

Last Agent to Sell the Property

Dana Carlo

Compass Florida, LLC License #3513559 Listed on: 08/09/2024

Compass Florida, LLC

Co-Listed By

Megan Romine

Douglas Elliman License #3328699

Last Buyer's Agent

Ashley Charry

Douglas Elliman License #3455100

Douglas Elliman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,934

Year Built

  • Built in 1939

Lot Details

  • Lot Dimensions are 50x104
  • Fenced
  • Sprinkler System
  • Fruit Trees

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,246 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Tile

Outdoor Features

  • Open Patio
  • Porch

Utilities

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

Community Details

  • 2 Units
  • Vista Encanto Add Subdivision

Listing and Financial Details

  • Rent includes hot water, sewer, trash collection, water
  • Assessor Parcel Number 74434333270020080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,934

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Year Built: 1939
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Private Spa: No
  • Flooring: Tile, Wood
  • Living Area: 1246.0
  • Window Features: Drapes, Other

Exterior Features

  • Exterior Features: Fence, Fruit Trees, Lighting, Porch
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Frame, Stucco
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Hot Water, Sewer, Trash Collection, Water
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 74434333270020080
  • Lot Size: 50X104
  • Zoning Description: MF14 (ci

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8934.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Dec 11, 2024
Sold by
Waldropt Anthony
Bought by
Alvarez Helaine Julie and Cohen Bradley
Seller's Agent
Dana Carlo
Compass Florida, LLC
Buyer's Agent
Ashley Charry
Douglas Elliman
List Price
$599,000
Sold Price
$555,000
Premium/Discount to List
-$44,000
-7.35%
Views
2290
Current Estimated Value
$578,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,452
Avg. Annual Appreciation
18.52%
Original Mortgage
$544,947
Outstanding Balance
$543,087
Interest Rate
6.84%
Mortgage Type
FHA
Estimated Equity
$88,431

Purchase Details

Listed on
Aug 11, 2021
Closed on
Jun 29, 2021
Sold by
Villarreal Ricardo C and Villarreal Cecilia E
Bought by
Waldropt Anthony
Seller's Agent
Julie Lurie
Compass Florida, LLC
Buyer's Agent
Sera Peat
RE/MAX Prestige Realty/Wellington
Sold Price
$2,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$420,000
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Listed on
Aug 21, 2017
Closed on
Nov 29, 2017
Sold by
Americol Investment Llc
Bought by
Villarreal Ricardo C and Villarreal Cecilia E
Seller's Agent
Eliecer Vallejo
McAlister Real Estate Corp
Buyer's Agent
Karen Anise
Southdale Properties Inc.
List Price
$229,900
Sold Price
$210,000
Premium/Discount to List
-$19,900
-8.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.10%

Purchase Details

Closed on
Oct 30, 2015
Sold by
Aviles Maria E Clas
Bought by
Americol Investment Llc

Purchase Details

Closed on
Sep 24, 2010
Sold by
Federal National Mortgage Association
Bought by
Aviles Maria E Clas

Purchase Details

Closed on
Feb 8, 2010
Sold by
Pavlou Pavlos
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 20, 2001
Sold by
Community Homes Of West Palm Beach
Bought by
Pavlou Pavlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,404
Interest Rate
7.16%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 2001
Sold by
Hms Of We Community I
Bought by
Pavlou Pavlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,404
Interest Rate
7.16%
Mortgage Type
FHA

Purchase Details

Closed on
May 9, 2000
Sold by
Clerk Of The Court
Bought by
Manufacturers & Traders Co

Purchase Details

Closed on
Jan 29, 1998
Sold by
Wellington Acquisitions Inc
Bought by
Rogan Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.07%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $555,000 Supreme Title
Warranty Deed $430,000 Enhanced Title Solutions Inc
Warranty Deed $208,000 First American Title Ins Co
Warranty Deed $105,000 First American Title Ins Co
Special Warranty Deed $41,000 Attorney
Trustee Deed -- None Available
Warranty Deed -- Old School Title Company
Warranty Deed $76,000 --
Deed -- --
Warranty Deed $100,000 --
Warranty Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $544,947 FHA
Previous Owner $420,000 VA
Previous Owner $276,500 New Conventional
Previous Owner $32,000 Credit Line Revolving
Previous Owner $75,900 Unknown
Previous Owner $75,900 Unknown
Previous Owner $75,404 FHA
Previous Owner $75,404 FHA
Previous Owner $85,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Sold $555,000 -7.3% $445 / Sq Ft
08/09/2024 08/09/24 For Sale $599,000 0.0% $481 / Sq Ft
01/06/2022 01/06/22 Rented $2,300 -8.0% --
12/07/2021 12/07/21 Under Contract -- -- --
09/26/2021 09/26/21 For Rent $2,500 +13.6% --
08/11/2021 08/11/21 For Rent $2,200 0.0% --
08/11/2021 08/11/21 Rented $2,200 0.0% --
06/30/2021 06/30/21 Sold $430,000 -1.1% $345 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $435,000 +107.1% $349 / Sq Ft
11/29/2017 11/29/17 Sold $210,000 -8.7% $169 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
08/21/2017 08/21/17 For Sale $229,900 -- $185 / 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
2024 $7,514 $394,409 -- --
2023 $8,934 $461,106 $103,667 $357,439
2022 $7,547 $339,048 $0 $0
2021 $3,755 $154,647 $55,800 $98,847
2020 $3,647 $148,260 $46,800 $101,460
2019 $3,484 $139,228 $36,000 $103,228
2018 $3,285 $138,141 $35,909 $102,232
2017 $3,147 $132,156 $29,924 $102,232
2016 $3,093 $127,049 $0 $0
2015 $2,628 $91,529 $0 $0
2014 $2,304 $83,208 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10454987

BeachesMLS (Greater Fort Lauderdale)

APN: 74-43-43-33-27-002-0080