NOT LISTED FOR SALE

Estimated Value: $1,284,646

Studio
1 Bath
6,000 Sq Ft
$214/Sq Ft Est. Value

Sale Details

Date Sold: August 23, 2019

Last sale price $1,100,000 $183 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $9,115 / mo

188 Days on Market

Highlights

  • No HOA
  • Porch
  • Ceramic Tile Flooring
  • Balcony
  • Cooling Available
  • Wall Furnace

About This Home

As of August 2019

THE PROPERTY CONSISTS OF 6 RESIDENTIAL UNITS AND THREE STORE FRONTS AND ZONED C-3

Last Agent to Sell the Property

Philip Chiramel

Home Leaders Realty Corp License #0609206 Listed on: 12/27/2018

Last Buyer's Agent

Miguel Jose

SOFLO Homes License #3396478

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,694

Year Built

  • Built in 1960

Home Design

  • Quadruplex
  • Flat Roof Shape

Interior Spaces

  • 6,000 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Cooling Available
  • Wall Furnace
  • Separate Meters
  • Cable TV Not Available

Listing and Financial Details

  • Assessor Parcel Number 514112040750

Community Details

Overview

  • No Home Owners Association
  • Association fees include hot water, ground maintenance, trash, water
  • Hollywood Beach Heights S Subdivision

Building Details

  • Operating Expense $24,000
  • Net Operating Income $102,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,694

Year Built

Built in 1960

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: 2 BLOCKS EAST OF STATE RD 7 (441) CORNER OF 57 AVE AND JOHNSON ST.
  • Year Built: 1960
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 6000.0
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Patio And Porch Features: Porch, Balcony
  • Property Condition: Resale
  • Roof: Flat

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Separate Meters, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Not Available

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: Hot Water, Maintenance Grounds, Trash, Water

Lot Info

  • Parcel #: 514112040750
  • Mobile Dim Units: Feet
  • Zoning: C-3

Multi Family

  • Property Net Operating Income: 102000.0
  • Annual Operating Expense: 24000.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 12694.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2024
Sold by
Mvgc Investments Llc
Bought by
5655 5659 Johnson Street Llc
Current Estimated Value
$1,284,646

Purchase Details

Listed on
Dec 27, 2018
Closed on
Aug 23, 2019
Sold by
Chiramel Philip and Chiramel Mary
Bought by
Mvgc Investments Llc
Seller's Agent
Philip Chiramel
Home Leaders Realty Corp
Buyer's Agent
Miguel Jose
SOFLO Homes
List Price
$1,150,000
Sold Price
$1,100,000
Premium/Discount to List
-$50,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.35%
Original Mortgage
$825,000
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 2, 2019
Sold by
Chirmel Philip and Chirmel Mary
Bought by
Chiramel Philip and Chiramel Mary

Purchase Details

Closed on
Mar 1, 1990
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
5655 5659 Johnson Street Llc $1,300,000 None Listed On Document
Mvgc Investments Llc $1,100,000 Florida Ttl Professionals In
Chiramel Philip -- Attorney
Available Not $212,143 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mvgc Investments Llc $825,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2019 08/23/19 Sold $1,100,000 -4.3% $183 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
12/26/2018 12/26/18 For Sale $1,150,000 -- $192 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2026 $28,214 $1,169,540 $88,540 $1,081,000
2025 $23,452 $1,175,980 $88,540 $1,087,440
2024 $23,402 $936,690 $88,540 $848,150
2023 $23,402 $936,690 $88,540 $848,150
2022 $22,948 $936,690 $88,540 $848,150
2021 $22,955 $936,690 $88,540 $848,150
2020 $22,896 $937,150 $88,540 $848,610
2019 $15,865 $668,290 $88,540 $579,750
2018 $14,066 $556,570 $88,540 $468,030
2017 $12,694 $474,940 $0 $0
2016 $11,969 $431,770 $0 $0
2015 $10,738 $392,520 $0 $0
2014 $10,439 $375,120 $0 $0
2013 -- $363,230 $88,540 $274,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: H10590305

BeachesMLS (Greater Fort Lauderdale)

APN: 51-41-12-04-0750

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