NOT LISTED FOR SALE

497 NW 42nd St Oakland Park, FL 33309

Prospect Gardens Neighborhood
17 Beds
9 Baths
5,940 Sq Ft
0.34 Acres

Last Sold March 21, 2016

Last sale price $689,900 $116 Per Sq Ft

61 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

About This Home

As of March 2016

This is a fantastic investment. This could be converted to individual units for sale with an est. $200-300K profit. If you seek to keep the property long term, it also boasts an amazing up to 15% cap rate! Est annual appreciation in this area is on avg 13 -20%. Its one of the few areas in South Florida that boast great resale value and great cap rate. Seller will consider all reasonable offers. This building is actually 9 units

Last Agent to Sell the Property

Jhaun Pryce

Lifestyle International Realty License #3139607 Listed on: 10/07/2015

Lifestyle International Realty

Co-Listed By

Brigitte Lina

One Sotheby's International Realty License #3179748

Last Buyer's Agent

Camelia Chezzi

MMLS Assoc.-Inactive Member License #3030630

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 0.34

Parking

  • 10 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 5,940 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • 4 Units
  • Prospect Gardens 22 26 B Condos
  • Prospect Gardens 22 26 B Subdivision

Listing and Financial Details

  • Total Actual Rent $91,848
  • Rent includes pest control
  • Assessor Parcel Number 494222081051

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

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: PROSPECT GARDENS 22-26 B
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 5940
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PROSPECT GARDENS 22-26 B
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494222081051
  • Zoning: MULTIFAM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Pest Control

Tax Info

  • Tax Year: 2014

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 9
  • Total Actual Rent: 91848

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

Property History

Date Event Price Change Sq Ft Price
03/21/2016 03/21/16 Sold $689,900 -1.4% $116 / Sq Ft
12/07/2015 12/07/15 Pending -- -- --
10/07/2015 10/07/15 For Sale $699,900 0.0% $118 / Sq Ft
09/27/2013 09/27/13 For Rent $795 -4.2% --
09/27/2013 09/27/13 Rented $830 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jhaun Pryce

    Seller's Agent in 2016

    Jhaun Pryce

    Lifestyle International Realty

    (305) 912-8349

    34 Total Sales

    Jhaun Pryce
    Section Image
  • Brigitte Lina

    Seller Co-Listing Agent in 2016

    Brigitte Lina

    One Sotheby's International Realty

    (786) 267-7320

    100 Total Sales

    Brigitte Lina
    Section Image

  • C

    Buyer's Agent in 2016

    Camelia Chezzi

    MMLS Assoc.-Inactive Member

  • R

    Seller's Agent in 2013

    Ronald Schwartzman

    Prestigious Homes Realty

    (561) 417-5607

    105 Total Sales

    Ronald Schwartzman
    Section Image

  • D

    Buyer's Agent in 2013

    Dina Samano

    New Connection Real Estate

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A2185653

MIAMI REALTORS® MLS

APN: 49-42-22-08-1051

Florida Broward County Oakland Park 33309 Prospect Gardens

497 NW 42nd St, Oakland Park, FL

This home is located at 497 NW 42nd St, Oakland Park, FL 33309 since 07 October 2015. This property was built in 1969. 497 NW 42nd St is a home located in Broward County with nearby schools including Lloyd Estates Elementary School, James S. Rickards 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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