NOT LISTED FOR SALE

Estimated Value: $1,310,000 - $4,671,000

2 Acres
$1,459,914 Price per Acre
87,120 Sq Ft Lot

Last Sold February 20, 2020

Last sale price $1,730,000

Est. 69% increase in value since last sale

Current estimated payment $18,557/month

14 Days on Market

About This Lot

As of February 2020

Ready for development - 2 acres in the heart of Fort Lauderdale! Rezoning was recently approved - RMM-25 RESIDENTIAL MULTIFAMILY MID RISE/MEDIUM HIGH DENSITY - Preliminary site plans have been drawn and can be sent to prospective buyers. Area has seen as significant jump in prices in the past few years and development of commercial properties nearby.

Last Agent to Sell the Property

Stefano Barbosa

Homeinc Realty LLC License #3312247 Listed on: 01/06/2020

Last Buyer's Agent

Yelena Yanovskaya

LoKation License #3229954

LoKation

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,365

Lot Details

  • 2 Acre Lot
  • East Facing Home
  • Site Plan Filed
  • Property is zoned MHP

Community Details

  • Westwood Heights 6 34 B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504208010390

Property Details

Property Type

Land

Est. Annual Taxes

$24,365

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Residential
  • Property Sub Type Additional: Residential
  • Directions: Google Maps Friendly
  • Special Features: VirtualTour

Exterior Features

  • Waterfront: No
  • Direction Faces: East

Lot Info

  • Parcel #: 504208010390
  • Development Status: Raw Land, Site Plan Filed
  • Lot Size Acres: 2.0
  • Lot Size Sq Ft: 87918.0
  • Number Of Lots: 1
  • Zoning Description: MHP
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 24365.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2021
Sold by
7Th Avenue Properties Llc
Bought by
475 Riverland Properties Llc
Current Estimated Value
$2,919,827

Purchase Details

Listed on
Jan 6, 2020
Closed on
Feb 20, 2020
Sold by
Mini Loft S Llc
Bought by
7Th Avenue Properties Llc
Seller's Agent
Stefano Barbosa
Homeinc Realty LLC
Buyer's Agent
Yelena Yanovskaya
LoKation
List Price
$1,799,000
Sold Price
$1,730,000
Premium/Discount to List
-$69,000
-3.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.91%

Purchase Details

Closed on
Apr 10, 2014
Sold by
City National Bank Of Florida
Bought by
Mini Lofts Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.33%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 25, 2013
Sold by
Key Village Llc
Bought by
City National Bank Of Florida

Purchase Details

Closed on
Jan 13, 2006
Sold by
Mutchnik Ralph
Bought by
Key Village Llc

Purchase Details

Closed on
Jan 12, 2004
Sold by
Yackee Robert Scott
Bought by
Porter Lori Ann

Purchase Details

Closed on
Nov 8, 2001
Sold by
Mutchnik Ralph
Bought by
Porter Powell and Yackee Robert Scott

Purchase Details

Closed on
Mar 1, 1982
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
475 Riverland Properties Llc -- Attorney
7Th Avenue Properties Llc $1,730,000 All Florida Title Company
Mini Lofts Llc $600,000 All Florida Title Company
City National Bank Of Florida $581,242 Attorney
Key Village Llc $2,500,000 Attorney
Key Village Llc -- Attorney
Porter Lori Ann -- --
Porter Powell $400,000 --
Available Not $6,428 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 475 Riverland Properties Llc $13,380,844
Previous Owner Mini Lofts Llc $500,000
Previous Owner Key Village Llc $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2020 02/20/20 Sold $1,730,000 -3.8% --
01/21/2020 01/21/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $1,799,000 -- --
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
2025 $33,257 $1,758,360 $1,758,360 --
2024 $30,210 $1,758,360 $1,758,360 --
2023 $30,210 $1,538,570 $1,538,570 $0
2022 $29,646 $1,538,570 $1,538,570 $0
2021 $29,681 $1,538,570 $1,538,570 $0
2020 $25,476 $1,318,770 $1,318,770 $0
2019 $24,509 $1,318,770 $1,318,770 $0
2018 $23,942 $1,318,770 $1,318,770 $0
2017 $24,365 $1,318,770 $0 $0
2016 $25,126 $1,318,770 $0 $0
2015 $25,861 $1,318,770 $0 $0
2014 $26,345 $1,318,770 $0 $0
2013 -- $1,324,800 $1,324,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10210068

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-08-01-0390