NOT LISTED FOR SALE

4648 Poinciana St Lauderdale By the Sea, FL 33308

Estimated Value: $1,260,175 - $1,788,000

5 Beds
5 Baths
2,874 Sq Ft
$549/Sq Ft Est. Value

Last Sold July 12, 2017

Last sale price $930,000 $324 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $10,275/month

31 Days on Market

Highlights

  • Newly Remodeled
  • Furnished
  • Porch
  • McNab Elementary School Rated A-
  • No HOA
  • Tile Flooring

About This Home

As of July 2017

AMAZING OPPRTUNITY TO BUY THIS PROPERTY THAT IS GENERATING OVER $140,000.OO IN NET INCOME ANNUALLY. IT IS BEING OPERATED AS A VACATION HOME RENTAL THROUGH VRBO/AIR BNB. THIS PROPERTY CONSISTS OF (1) 2-BED/2-BATH UNIT AND (3) 1-BED/1-BATH UNITS. THE UNITS COME FULLY FURNISHED AND TURN-KEY READY TO START GENERATING IMMEDIATE MONEY FOR YOU. (INCLUDES STEMWARE/DINNERWARE/COOKWARE/LINENS/ACCESORIES/ETC.). THIS PROPERTY IS LOCATED JUST (1) BLOCK FROM A BEAUTIFUL SANDY BEACH AND ACROSS THE STREET FROM A SHOPPING CENTER THAT HAS A PUBLIX, DUNKING DONUTS, BANKS, AND RESTAURANTS. THIS PROPERTY WAS RECENTLY REMODELED AND EVERYTHING IS BRAND NEW!

Last Agent to Sell the Property

Willy Rodriguez

Keller Williams Legacy License #3176780 Listed on: 05/25/2017

Keller Williams Legacy

Last Buyer's Agent

Bradley Kady

LoKation License #3270645

LoKation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,199

Year Built

  • Built in 1969 | Newly Remodeled

Lot Details

  • 6,273

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Substantially Remodeled
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,874 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Vertical Blinds
  • Drapes & Rods
  • Tile Flooring

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Rent includes cable TV, electricity, hot water, pest control, sewer, trash collection, water
  • Assessor Parcel Number 494318012900

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Lauderdale By The Sea Condos
  • Lauderdale By The Sea Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,199

Year Built

Built in 1969 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1969
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: LAUDERDALE BY THE SEA
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 2874
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Blinds, Drapes, Verticals

Exterior Features

  • Roof: Shingle
  • Exterior Features: Exterior Lights, Other
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • Property Condition: Completely Renovated, New Construction, Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAUDERDALE BY THE SEA
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494318012900
  • Zoning: MULTI
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Cable TV, Electricity, Hot Water, Pest Control, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 11199

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2017
Closed on
Jul 12, 2017
Sold by
Trujillo Carlos
Bought by
4648 Investments Llc
Seller's Agent
Willy Rodriguez
Keller Williams Legacy
Buyer's Agent
Bradley Kady
LoKation
List Price
$975,000
Sold Price
$930,000
Premium/Discount to List
-$45,000
-4.62%
Current Estimated Value
$1,579,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$649,044
Avg. Annual Appreciation
7.33%
Original Mortgage
$650,000
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 9, 2016
Closed on
Feb 19, 2016
Sold by
Jpmorgan Chase Bank Na
Bought by
Trujillo Carlos
Seller's Agent
Willy Rodriguez
Keller Williams Legacy
Buyer's Agent
Non-Member Mls Agent
List Price
$618,000
Sold Price
$629,900
Premium/Discount to List
$11,900
1.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.17%

Purchase Details

Closed on
Oct 20, 2015
Sold by
Titone Gaspare and Titone Grave
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Apr 8, 2005
Sold by
Barnett Michael T
Bought by
Titone Gaspare

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
2.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 18, 1998
Sold by
Hoffman Yvonne
Bought by
Barnett Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.95%
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
4648 Investments Llc -- Attorney
4648 Inv Llc $930,000 None Available
Trujillo Carlos $629,900 Bay National Title Company
Jpmorgan Chase Bank Na $473,600 None Available
Titone Gaspare $625,000 Addison Title Company Inc
Barnett Michael T $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4648 Investments Llc $610,000
Closed 4648 Inv Llc $650,000
Previous Owner Titone Gaspare $562,500
Previous Owner Barnett Michael T $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2017 07/12/17 Sold $930,000 -4.6% $324 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
05/23/2017 05/23/17 For Sale $975,000 +54.8% $339 / Sq Ft
03/03/2016 03/03/16 Sold $629,900 +1.9% $210 / Sq Ft
01/29/2016 01/29/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $618,000 -- $206 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $19,552 $1,109,790 -- --
2024 $18,623 $1,085,240 $125,440 $959,800
2023 $18,623 $917,190 $0 $0
2022 $15,958 $833,810 $0 $0
2021 $14,833 $758,010 $0 $0
2020 $12,722 $689,100 $125,440 $563,660
2019 $12,391 $665,490 $125,440 $540,050
2018 $15,257 $834,700 $125,440 $709,260
2017 $10,868 $575,850 $0 $0
2016 $11,199 $575,850 $0 $0
2015 $8,296 $360,980 $0 $0
2014 $7,695 $328,170 $0 $0
2013 -- $405,550 $125,440 $280,110
Source: Public Records

Agents Affiliated with this Home

  • Willy Rodriguez

    Seller's Agent in 2017

    Willy Rodriguez

    Keller Williams Legacy

    (305) 218-3803

    41 Total Sales

    Section Image

  • B

    Buyer's Agent in 2017

    Bradley Kady

    LoKation Real Estate

    (954) 545-5583

    1 in this area

    12 Total Sales

    Section Image

  • N

    Buyer's Agent in 2016

    Non-Member Mls Agent

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10281866

MIAMI REALTORS® MLS

APN: 49-43-18-01-2900

Florida Broward County Lauderdale-by-the-Sea 33308

4648 Poinciana St, Lauderdale-by-the-Sea, FL

This home is located at 4648 Poinciana St, Lauderdale By the Sea, FL 33308 since 25 May 2017 and is currently estimated at $1,579,044, approximately $549 per square foot. This property was built in 1969. 4648 Poinciana St is a home located in Broward County with nearby schools including McNab Elementary School, Pompano Beach Middle School, and Northeast 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.

MIAMI REALTORS® MLS 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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