NOT LISTED FOR SALE

5612 NE 2nd Terrace Unit 2 Fort Lauderdale, FL 33334

North Andrews Gardens Neighborhood

Estimated Value: $437,463 - $666,000

3 Beds
1 Bath
1,075 Sq Ft
$557/Sq Ft Est. Value

About This Home

As of January 2021

Spacious 3 bedroom / 1 bath apartment; freshly painted with new AC, new roof, washer dryer look up, back yard area, parking for 2 vehicles.

Last Agent to Rent the Property

Michele Margetts

Sun & Sea Properties License #3315885 Listed on: 11/13/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,410

Year Built

  • Built in 1966

Lot Details

  • 5,924 Sq Ft Lot
  • West Facing Home

Interior Spaces

  • 1,075 Sq Ft Home
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cable TV Available

Listing and Financial Details

  • Property Available on 11/11/10
  • 12 Month Lease Term
  • Renewal Option
  • Assessor Parcel Number 494210010840

Community Details

Overview

  • Patterson Park 39 33 B Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,410

Year Built

Built in 1966

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2010-11-11

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Multi Family
  • Property Sub Type Additional: Multi Family
  • Directions: I-95 to Commercial Blvd east to Andrews Avenue north to 56th St east to NE 2nd Terrace north.
  • Year Built: 1966
  • Lease Renewal Option: Yes
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry
  • Private Spa: No
  • Furnished: Unfurnished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 1075.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Direction Faces: West

Garage/Parking

  • Garage Yn: No
  • Parking Features: Two Spaces

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 494210010840
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 5924.0
  • Zoning Description: RD-10
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2016
Sold by
Dawson Val
Bought by
Dawson Val and Simpson Valerie
Current Estimated Value
$598,366

Purchase Details

Closed on
Nov 1, 2016
Bought by
Le Val

Purchase Details

Closed on
Jan 8, 2003
Sold by
Metz Joan M
Bought by
Dawson Val

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
Dawson Val -- Attorney
Le Val $100 --
Dawson Val $120,000 Absolute Title Company
Available Not $52,071 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2021 01/12/21 Rented $1,500 -16.7% --
12/13/2020 12/13/20 Under Contract -- -- --
11/13/2020 11/13/20 For Rent $1,800 +44.0% --
06/06/2016 06/06/16 For Rent $1,250 0.0% --
06/06/2016 06/06/16 Rented $1,250 -- --
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 $9,410 $375,190 -- --
2024 $8,469 $375,190 -- --
2023 $8,469 $310,090 $0 $0
2022 $7,721 $281,900 $0 $0
2021 $7,341 $256,280 $0 $0
2020 $6,142 $283,000 $29,620 $253,380
2019 $5,648 $259,560 $29,620 $229,940
2018 $5,150 $240,170 $29,620 $210,550
2017 $4,877 $175,060 $0 $0
2016 $4,542 $159,150 $0 $0
2015 $4,213 $144,690 $0 $0
2014 $3,932 $131,540 $0 $0
2013 -- $133,940 $29,620 $104,320
Source: Public Records

Agents Affiliated with this Home

  • Michele Margetts

    Landlord's Agent in 2021

    Michele Margetts

    Sun & Sea Properties

    (954) 815-6846

    8 Total Sales

    Michele Margetts
    Section Image

  • T

    Seller's Agent in 2016

    Thomas Ryan

    Keller Williams Realty Profess

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10258533

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-10-01-0840

Florida Broward County Fort Lauderdale 33334 North Andrews Gardens

5612 NE 2nd Terrace Unit 2, Fort Lauderdale, FL

This home is located at 5612 NE 2nd Terrace Unit 2, Fort Lauderdale, FL 33334 since 13 November 2020 and is currently priced at $598,366. This property was built in 1966. 5612 NE 2nd Terrace Unit 2 is a home located in Broward County with nearby schools including North Andrews Gardens 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.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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