NOT LISTED FOR SALE

4350 SW 62nd Ave Unit 1-2 Davie, FL 33314

Playland Village Neighborhood

Estimated Value: $515,512 - $568,000

4 Beds
2 Baths
1,571 Sq Ft
$343/Sq Ft Est. Value

Last Sold November 27, 2023

Last sale price $505,000 $321 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,611/month

40 Days on Market

Highlights

  • Water Views
  • Tile Flooring
  • Fenced
  • Corner Lot
  • Central Heating and Cooling System

About This Home

As of November 2023

Hot investment property in a great area. This Duplex has great income producing potential. Area rents on comparable units are $2000 per unit per month. The big ticket items have already been done: roof in 2018, AC's in 2018, driveway redone 2023, exterior paint 2023, water heaters replaced 2016, & electric panels replaced. Separate electric & water meters. One tenant is month to month, other tenant's lease expires March 2024. Corner lot with a fenced in area. Blocks from the revitalized Davie Rd area, rodeo grounds, Hard Rock Casino, & Nova University. Generate income as an Airbnb, seasonal, or annual rental. Endless options.

Last Agent to Sell the Property

Rob Bledsoe

Coldwell Banker License #3387416 Listed on: 10/16/2023

Coldwell Banker

Last Buyer's Agent

Michael Downey

Compass Florida LLC License #3371256

Compass Florida LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,970

Year Built

  • Built in 1968

Lot Details

  • 7,292 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,571 Sq Ft Home
  • 1-Story Property
  • Water Views

Flooring

  • Tile
  • Terrazzo

Schools

  • Davie Elementary School
  • Driftwood Middle School
  • Hollywood Hl High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 504126160260

Community Details

Overview

  • 2 Units
  • Davie Heights Subdivision

Building Details

  • Operating Expense $12,963
  • Net Operating Income $17,037

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,970

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I-95 S to Davie. Take exit 8-9A-9B from I-595 WTake SW 45th St/Orange Dr to SW 62nd Ave
  • Year Built: 1968
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo, Tile
  • Living Area: 1571.0

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Schools

  • Elementary School: Davie
  • High School: Hollywood Hl High
  • Middle Or Junior School: Driftwood

Lot Info

  • Parcel #: 504126160260
  • Lot Size: < 1/4 Acre,Corner Lot,Pu
  • Lot Size Sq Ft: 7292.0
  • Zoning Description: RAC-TC
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 17037.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 12963.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5970.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Nov 27, 2023
Sold by
Levin Alan and Levin Harold
Bought by
Petit-Homme Nazlin
Seller's Agent
Rob Bledsoe
Coldwell Banker
Buyer's Agent
Michael Downey
Compass Florida LLC
List Price
$485,000
Sold Price
$505,000
Premium/Discount to List
$20,000
4.12%
Views
79
Current Estimated Value
$538,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,628
Avg. Annual Appreciation
1.37%
Original Mortgage
$485,576
Outstanding Balance
$479,683
Interest Rate
7.63%
Mortgage Type
FHA
Estimated Equity
$36,163

Purchase Details

Closed on
Apr 7, 2020
Sold by
Gronovsky Alon
Bought by
Levin Alan

Purchase Details

Closed on
Aug 12, 1999
Sold by
Granovsky Alon
Bought by
Levin Alan

Purchase Details

Closed on
Jun 9, 1999
Sold by
Levin Alan and Levin Harold
Bought by
Granovsky Alon

Purchase Details

Closed on
Oct 2, 1998
Sold by
Granovsky Alon
Bought by
Levin Alan and Levin Harold

Purchase Details

Closed on
Apr 1, 1990
Sold by
Available Not
Bought by
Available Not
Source: Public Records

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Range of Values:

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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
Petit-Homme Nazlin $505,000 None Listed On Document
Levin Alan -- Attorney
Levin Alan -- --
Granovsky Alon $100 --
Levin Alan $82,000 --
Available Not $55,786 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petit-Homme Nazlin $485,576
Previous Owner Levin Alan $112,000
Previous Owner Levin Harold C $103,000
Previous Owner Levin Alan $73,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2023 11/27/23 Sold $505,000 +4.1% $321 / Sq Ft
10/18/2023 10/18/23 For Sale $485,000 -- $309 / 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 $9,024 $418,130 $58,340 $359,790
2024 $7,090 $448,160 $58,340 $389,820
2023 $7,090 $274,360 $0 $0
2022 $5,970 $249,420 $0 $0
2021 $5,495 $226,750 $0 $0
2020 $5,230 $238,180 $58,340 $179,840
2019 $4,664 $208,640 $58,340 $150,300
2018 $4,356 $206,840 $58,340 $148,500
2017 $3,991 $154,890 $0 $0
2016 $3,725 $140,810 $0 $0
2015 $3,486 $128,010 $0 $0
2014 $3,280 $116,380 $0 $0
2013 -- $108,460 $58,340 $50,120
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Rob Bledsoe

    Coldwell Banker

    (561) 889-9805

    1 in this area

    38 Total Sales

    Rob Bledsoe
    Section Image
  • Michael Downey

    Buyer's Agent in 2023

    Michael Downey

    Compass Florida LLC

    (561) 337-0229

    1 in this area

    37 Total Sales

    Michael Downey
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10927942

BeachesMLS

APN: 50-41-26-16-0260

Florida Broward County Davie 33314 Playland Village

4350 SW 62nd Ave Unit 1-2, Davie, FL

This home is located at 4350 SW 62nd Ave Unit 1-2, Davie, FL 33314 since 16 October 2023 and is currently estimated at $538,628, approximately $342 per square foot. This property was built in 1968. 4350 SW 62nd Ave Unit 1-2 is a home located in Broward County with nearby schools including Davie Elementary School, Driftwood Middle School, and Hollywood Hills 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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