NOT LISTED FOR SALE

5423 NE 22nd Terrace Fort Lauderdale, FL 33308

Knoll Ridge Neighborhood
2 Beds
2 Baths
1,865 Sq Ft
7,841 Sq Ft Lot

Last Sold October 06, 2023

Last sale price $840,000 $450 Per Sq Ft

73 Days on Market

Highlights

  • Newly Remodeled
  • Heated In Ground Pool
  • Tile Flooring
  • Floranada Elementary School Rated A-
  • No HOA
  • Central Heating and Cooling System

About This Home

As of October 2023

BACK ON THE MARKET!!! Welcome to this fantastic Fort Lauderdale opportunity! This legal duplex offers versatility and great potential. The first unit has been cleverly converted from a 2-bedroom, 2-bathroom to a one-bedroom apartment and an additional efficiency unit. The second unit is large with a gourmet style open kitchen. Perfect for maximizing rental income or accommodating extended family. Enjoy the spacious patio area with a heated pool. Situated on a tranquil street, this property is conveniently located just a short 5-minute drive from the beach. Generating an impressive annual revenue of nearly $115,000, this fully furnished property is primed for seamless continued operation as a short-term rental or just move in yourself.

Last Agent to Sell the Property

Bradley Kady

LoKation License #3270645 Listed on: 06/27/2023

LoKation

Last Buyer's Agent

Gonzalo Tamayo

Morgan Whitney Inc License #3079911

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,105

Year Built

  • Built in 1959 | Newly Remodeled

Lot Details

  • 7,841

Parking

  • 5 Parking Spaces

Home Design

  • Triplex
  • Concrete Roof

Interior Spaces

  • 1,865 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Additional Features

  • Heated In Ground Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 3 Units
  • Coral Ridge Add Condos
  • Coral Ridge Add Subdivision

Listing and Financial Details

  • Rent includes electricity, gardener, pest control, pool maintenance, sewer, trash collection, water
  • Assessor Parcel Number 494213062580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,105

Year Built

Built in 1959 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1959
  • Property Sub Type: Triplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: CORAL RIDGE ADD
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1865
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Concrete
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CORAL RIDGE ADD
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: 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: 494213062580
  • Zoning: RD-15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity, Gardener, Pest Control, Pool Maintenance, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10105

Multi Family

  • Number Of Units In Community: 3

Range of Values:

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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
10/06/2023 10/06/23 Sold $840,000 -1.2% $450 / Sq Ft
09/09/2023 09/09/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $850,000 0.0% $456 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $850,000 0.0% $456 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
06/27/2023 06/27/23 For Sale $850,000 +48.1% $456 / Sq Ft
05/15/2019 05/15/19 Sold $573,900 -0.9% $308 / Sq Ft
04/15/2019 04/15/19 Pending -- -- --
03/19/2019 03/19/19 For Sale $579,000 +151.7% $310 / Sq Ft
10/31/2012 10/31/12 Sold $230,000 -32.2% $123 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
02/02/2012 02/02/12 For Sale $339,000 -- $182 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Bradley Kady

    LoKation Real Estate

    (954) 545-5583

    1 in this area

    12 Total Sales

    Bradley Kady
    Section Image

  • G

    Buyer's Agent in 2023

    Gonzalo Tamayo

    Morgan Whitney Inc

    1 in this area

    9 Total Sales

    Gonzalo Tamayo
    Section Image

  • A

    Seller's Agent in 2019

    Adan Ascencio

    The Keyes Company

  • M

    Buyer's Agent in 2019

    Mark Cheeley

    Wholesale Properties.com Inc.

  • E

    Seller's Agent in 2012

    Edward Buttle

    Inactive Member

    Section Image

  • G

    Buyer's Agent in 2012

    George Coloney

    Castelli Luxury Real Estate

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11410574

MIAMI REALTORS® MLS

APN: 49-42-13-06-2580

Florida Broward County Fort Lauderdale 33308 Knoll Ridge

5423 NE 22nd Terrace, Fort Lauderdale, FL

This home is located at 5423 NE 22nd Terrace, Fort Lauderdale, FL 33308 since 27 June 2023. This property was built in 1959. 5423 NE 22nd Terrace is a home located in Broward County with nearby schools including Floranada 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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