NOT LISTED FOR SALE

5355 SW 76th Ave Davie, FL 33328

Davie Area

Estimated Value: $3,031,826

2.39 Acres
$1,268,546 Price per Acre
104,108 Sq Ft Lot

Sale Details

Date Sold: February 25, 2022

Last sale price $1,900,000 $18 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $19,829 / mo

29 Days on Market

About This Lot

As of February 2022

The property is zoned CC - ­Commercial. The zoning allows most commercial & industrial uses like including outdoor storage, light manufacturing/distribution, office park, brewery, and more.
The property can make a great investment as well. It is currently leased to 30 month-­to-­month tenants for outdoor parking and storage and landscaping equipment storage. Property is grossing $20,000 per month, netting $13,000 per month. This strong income will provide an annual net income of $156,000. This NOI will yield an investor a strong 8.43% capitalization rate at a full asking price.
Seller financing is available

Seller financing is available to a qualified buyer with a 50% downpayment.

Last Agent to Sell the Property

John DeMarco

RE/MAX 5 Star Realty License #3134747 Listed on: 01/06/2022

RE/MAX 5 Star Realty

Last Buyer's Agent

James Radyko

Invicta Realty Group Inc License #3329641

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,186

Lot Details

  • 2.39 Acre Lot
  • Lot Dimensions are 629x166
  • Property is zoned CC

Additional Features

  • City Lot
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 504133410010

Community Details

Overview

  • No Home Owners Association
  • Lorson Plat Condos
  • Lorson Plat Subdivision

Building Details

  • Net Operating Income $156,000

Property Details

Property Type

Land

Est. Annual Taxes

$9,186

Lot Details

2.39 Acres

Listing Details

  • Property Type: Commercial Land
  • Ownership: Corporation
  • Property Sub Type: Commercial
  • Horses: No
  • Lot Size Acres: 2.39
  • Lot Size: 629x166
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Public Road
  • Road Surface Type: Paved
  • Structure Type: Commercial
  • Subdivision Name: LORSON PLAT
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unknown/Withheld, Industrial

Exterior Features

  • Lot Features: City Location, 1-2.5 Acres
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LORSON PLAT

Utilities

  • Sewer: None
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Electricity Available, Trash Removal

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 504133410010
  • Current Use: Unimproved Business/Commercial, Other Usage
  • Lot Size Sq Ft: 103987
  • Zoning: CC
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Net Operating Income: 156000

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9186

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2025
Sold by
Bought by
Current Estimated Value
$3,031,826

Purchase Details

Listed on
Jan 6, 2022
Closed on
Feb 17, 2022
Sold by
Bought by
Seller's Agent
John DeMarco
RE/MAX 5 Star Realty
Buyer's Agent
James Radyko
Invicta Realty Group Inc
List Price
$1,850,000
Sold Price
$1,900,000
Premium/Discount to List
$50,000
2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.10%

Purchase Details

Listed on
Sep 9, 2021
Closed on
Dec 16, 2021
Sold by
Bought by
Seller's Agent
Michael Sheer
United Realty Group Inc.
Buyer's Agent
Alena Fuentes
RE/MAX 5 Star Realty
List Price
$999,997
Sold Price
$840,000
Premium/Discount to List
-$159,997
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7239.29%

Purchase Details

Closed on
May 12, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 31, 2005
Sold by
Bought by

Purchase Details

Closed on
Jun 6, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.69%
Mortgage Type
Stand Alone First
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,100,000 None Listed On Document
$1,900,000 Tripp Scott Pa
$840,000 Sanchez Vadillo Llp
-- Attorney
-- --
$1,300,000 Southern Financial Title Ser
$1,300,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $750,000
Previous Owner $650,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2022 02/25/22 Sold $1,900,000 +2.7% $18 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $1,850,000 +120.2% $18 / Sq Ft
12/16/2021 12/16/21 Sold $840,000 -16.0% $8 / Sq Ft View Prior Sale
11/16/2021 11/16/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $999,997 -- $10 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $37,983 $2,703,660 $2,703,660
2025 $31,714 $1,663,790 $1,663,790
2024 $28,638 $1,663,790 $1,663,790
2023 $28,638 $1,455,820 $1,455,820 $0
2022 $13,064 $675,920 $675,920 $0
2021 $9,186 $467,940 $467,940 $0
2020 $9,235 $467,940 $467,940 $0
2019 $9,366 $467,940 $467,940 $0
2018 $9,270 $467,940 $467,940 $0
2017 $9,236 $467,940 $0 $0
2016 $9,352 $467,940 $0 $0
2015 $9,611 $467,940 $0 $0
2014 $9,754 $467,940 $0 $0
2013 -- $467,750 $467,750 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11143200

MIAMI REALTORS® MLS

APN: 50-41-33-41-0010

Your Personal Tour Guide

Ask me questions while you tour the home.