NOT LISTED FOR SALE

Estimated Value: $583,000 - $729,000

6 Beds
4 Baths
2,176 Sq Ft
$314/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $550,000 $253 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,739/month

26 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • 5-minute walk to Osprey Park
  • Screened Porch
  • Central Heating and Cooling System

About This Home

As of September 2021

This 3 unit triplex is situated on just under 10,000 sq. ft. of property with 2608 total building sq. ft. Beautifully landscaped with banyan trees and palm trees, plenty of off street parking spaces and outside space for entertaining and grilling. You have the option to live in one unit and rent the others, Airbnb, or make a possible 8 percent ROI with annual rental, in the past the property grossed around $54,000.00 a year. The concrete block duplex has a full kitchen, bath, bedroom, living room, screened porch and their own washer and dryer for each unit. The 2 bedroom 2 bath home offers living room, dining room, full kitchen and walk-in laundry room and attached garage that stores the window shutters and landscaping equipment. You decide what you want to do,

Last Agent to Sell the Property

John Trueman

Douglas Elliman License #3020389 Listed on: 07/21/2021

Douglas Elliman

Last Buyer's Agent

Hedy Fana

RE/MAX Excellence License #3110632

RE/MAX Excellence

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,179

Year Built

  • Built in 1957

Lot Details

  • 9,698 Sq Ft Lot
  • Sprinkler System

Home Design

  • Triplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,176 Sq Ft Home
  • 1-Story Property
  • Screened Porch

Flooring

  • Wood
  • Ceramic Tile

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434304040030310

Community Details

Overview

  • 3 Units
  • Northwood Subdivision

Building Details

  • Operating Expense $8,779
  • Net Operating Income $45,921

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,179

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: I95 to 45th Street East to Flagler Drive. Left on Flagler to 48th Street. Triplex on the right
  • Year Built: 1957
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Hardwood, Wood
  • Living Area: 2176.0

Exterior Features

  • Exterior Features: Enclosed Porch, Patio
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Frame
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Wall Furnace
  • 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
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434304040030310
  • Lot Size: 50.0 ft x 194.0 ft
  • Lot Size Sq Ft: 9698.0
  • Zoning Description: SF7(ci

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 45921.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 8779.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5179.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2022
Sold by
Ortiz Fabio F
Bought by
515 49Th St Llc
Current Estimated Value
$664,264

Purchase Details

Listed on
Jul 21, 2021
Closed on
Sep 15, 2021
Sold by
Michalenko Tatiana
Bought by
Ortiz Fabio F and Fana Armando
Seller's Agent
John Trueman
Douglas Elliman
Buyer's Agent
Hedy Fana
RE/MAX Excellence
List Price
$549,900
Sold Price
$550,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Original Mortgage
$412,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2000
Sold by
Rd Joan Huber
Bought by
Michalenko Tatiana and Walter Robert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,279
Interest Rate
7.79%
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 Buyer Sale Price Title Company
515 49Th St Llc -- Marecki Law Firm Pa
Ortiz Fabio F $550,000 Attorney
Michalenko Tatiana $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortiz Fabio F $412,500
Previous Owner Michalenko Tatiana M $100,000
Previous Owner Michalenko Tatiana $70,279
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $550,000 0.0% $253 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $549,900 -- $253 / 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
2024 $13,233 $612,388 -- --
2023 $12,644 $580,054 $271,544 $308,510
2022 $8,705 $380,514 $0 $0
2021 $5,468 $283,649 $70,000 $213,649
2020 $5,179 $272,800 $84,000 $188,800
2019 $4,674 $227,134 $77,000 $150,134
2018 $4,010 $201,120 $72,337 $128,783
2017 $3,607 $174,202 $49,888 $124,314
2016 $3,105 $118,891 $0 $0
2015 $3,317 $121,352 $0 $0
2014 $3,161 $110,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10732608

BeachesMLS

APN: 74-43-43-04-04-003-0310