NOT LISTED FOR SALE

5650 NE 17th Terrace Fort Lauderdale, FL 33334

Coral Ridge Isles Neighborhood

Estimated Value: $800,000 - $925,000

4 Beds
4 Baths
2,734 Sq Ft
$307/Sq Ft Est. Value

Last Sold July 20, 2023

Last sale price $785,000 $287 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,705/month

47 Days on Market

Highlights

  • Garden View
  • Impact Glass
  • Patio
  • Floranada Elementary School Rated A-
  • Interior Lot
  • Tile Flooring

About This Home

As of July 2023

Nicely updated duplex in the charming ''Sought After'' neighborhood of Coral Ridge Isles! Both units have identical floor plans each having their own attached carport, 2 bedrooms, 2 full baths, utility rooms with both having a full size washer and dryer, family room/den with vaulted ceiling just off the kitchen, spacious living room (*the second bedroom in each unit has it's own separate entrance with full bathroom & walk in closet) - Windows & doors have hurricane impact glass! Tile floors throughout, Built-in Generator on the North side unit, Roof 2013 - AC's 2015 - 2734 sq ft, Spacious paver circular driveway serves numerous vehicles, quiet low traffic street close to beach, shopping, great restaurants, I95 access! and much more! Beautiful property! Won't last!

Last Agent to Sell the Property

Paula Catino

RE/MAX Services License #60304678 Listed on: 06/02/2023

RE/MAX Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,518

Year Built

  • Built in 1963

Lot Details

  • 7,986 Sq Ft Lot
  • Fenced
  • Interior Lot
  • Sprinkler System

Home Design

  • Duplex
  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 2,734 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Garden Views
  • Impact Glass

Outdoor Features

  • Patio

Schools

  • Floranada Elementary School
  • Northeast High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 494211061760

Community Details

Overview

  • 2 Units
  • Coral Ridge Isles Subdivision

Building Details

  • Operating Expense $24,300
  • Net Operating Income $52,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,518

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: From US 1 - Go W on Cypress Creek Rd, turn S on NE 18th Ave, Right at NE 56 Ct, then first right onto NE 17th Terr
  • Year Built: 1963
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2734.0
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Garden
  • Lot Features: Interior Lot, Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Flat, Tile

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • 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

Schools

  • Elementary School: Floranada
  • High School: Northeast

Lot Info

  • Parcel #: 494211061760
  • Lot Size: < 1/4 Acre,Interior Lot,
  • Lot Size Sq Ft: 7986.0
  • Zoning Description: RD-15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 52500.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 24300.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 12518.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2024
Sold by
Krosley Jonathan Hale and Krosley Jared Eden
Bought by
Kros Bros Properties Llc
Current Estimated Value
$838,025

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 20, 2023
Sold by
Jarrah Omar W
Bought by
Krosley Jonathan Hale and Krosley Jared Eden
Seller's Agent
Paula Catino
RE/MAX Services
List Price
$849,000
Sold Price
$785,000
Premium/Discount to List
-$64,000
-7.54%
Views
351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%

Purchase Details

Listed on
May 16, 2021
Closed on
Jun 24, 2021
Sold by
James Robert C and James Deborah L
Bought by
Jarrah Omar W
Seller's Agent
Linda Possey
Coldwell Banker Realty
Buyer's Agent
Paula Catino
RE/MAX Services
List Price
$599,000
Sold Price
$703,000
Premium/Discount to List
$104,000
17.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Original Mortgage
$400,000
Interest Rate
2.9%
Mortgage Type
Balloon

Purchase Details

Closed on
May 16, 2007
Sold by
Barbu Octavian and Barbu Hortensia
Bought by
James Robert C and James Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.12%
Mortgage Type
Commercial

Purchase Details

Closed on
May 9, 2001
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
Kros Bros Properties Llc -- None Listed On Document
Krosley Jonathan Hale $785,000 Guaranteed Florida Title
Jarrah Omar W $705,000 Title Company Of South Fl
James Robert C $425,000 Attorney
Available Not $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jarrah Omar W $499,935
Previous Owner Jarrah Omar W $400,000
Previous Owner James Richard D $309,289
Previous Owner James Robert C $300,000
Previous Owner Barbu Octavian $224,600
Previous Owner Barbu Octavian $195,000
Previous Owner Barbu Octavian $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2023 07/20/23 Sold $785,000 -1.8% $287 / Sq Ft
06/12/2023 06/12/23 Price Changed $799,000 -5.9% $292 / Sq Ft
06/02/2023 06/02/23 For Sale $849,000 +20.8% $311 / Sq Ft
06/25/2021 06/25/21 Sold $703,000 +17.4% $257 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/16/2021 05/16/21 For Sale $599,000 -- $219 / 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
2025 $13,404 $750,120 $79,860 $670,260
2024 $12,781 $653,430 $63,890 $589,540
2023 $12,781 $614,160 $63,890 $550,270
2022 $12,518 $614,160 $63,890 $550,270
2021 $4,041 $198,730 $0 $0
2020 $3,977 $195,990 $0 $0
2019 $3,422 $191,590 $0 $0
2018 $3,178 $188,020 $0 $0
2017 $3,154 $184,160 $0 $0
2016 $3,078 $175,610 $0 $0
2015 $3,071 $174,390 $0 $0
2014 $3,093 $173,010 $0 $0
2013 -- $199,880 $63,890 $135,990
Source: Public Records

Agents Affiliated with this Home

  • Paula Catino

    Seller's Agent in 2023

    Paula Catino

    RE/MAX

    (561) 271-3251

    2 in this area

    45 Total Sales

    Section Image

  • L

    Seller's Agent in 2021

    Linda Possey

    Coldwell Banker Realty

    (954) 224-1596

    1 in this area

    45 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10894198

BeachesMLS

APN: 49-42-11-06-1760

Florida Broward County Fort Lauderdale 33334 Coral Ridge Isles

5650 NE 17th Terrace, Fort Lauderdale, FL

This home is located at 5650 NE 17th Terrace, Fort Lauderdale, FL 33334 since 02 June 2023 and is currently estimated at $838,025, approximately $306 per square foot. This property was built in 1963. 5650 NE 17th 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.

BeachesMLS 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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