NOT LISTED FOR SALE

Estimated Value: $1,048,000 - $2,037,000

6 Beds
2 Baths
4,655 Sq Ft
$331/Sq Ft Est. Value

Last Sold April 15, 2022

Last sale price $2,250,000 $483 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $10,495/month

36 Days on Market

Highlights

  • Wood Flooring
  • Impact Glass
  • Ceiling Fan
  • Harbordale Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of April 2022

Rare and exceptional opportunity! Fully licensed and profitable vacation rental In Victoria Park! Double lot, Furnished apartments generate over 2X area rent averages. Opportunity for investor or hands on owner/operator. Shared heated pool, grill patio, and complimentary washer and dryer. Each apartment features a fully-stocked kitchen, hypo-allergenic bedding and its fully furnished. Great location, just ten minutes away from the beach and less than five minutes from the bustling dining and nightlife scenes of Downtown Fort Lauderdale and Las Olas Boulevard. The units can be rented yearly, monthly or daily. Key in the door sale. property details from Listing Agent.

Last Agent to Sell the Property

Jonathan Krystofik

Brokers, LLC License #3381281 Listed on: 02/07/2022

Brokers, LLC

Last Buyer's Agent

Paige O'Mahoney

Balistreri Real Estate Inc License #3409351

Balistreri Real Estate Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,242

Year Built

  • Built in 1948

Lot Details

  • Sprinkler System

Parking

  • 9 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Shingle Roof
  • Tile Roof
  • Wood Roof
  • Tar and Gravel Roof

Interior Spaces

  • 4,655 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Impact Glass

Flooring

  • Wood
  • Concrete
  • Tile

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 4 Units
  • Progresso 2 18 D Subdivision

Listing and Financial Details

  • Rent includes electricity, pool, sewer, trash collection, cable TV, water
  • Assessor Parcel Number 494234074180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,242

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: PLEASE USE GPS
  • Year Built: 1948
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Concrete, Tile, Wood
  • Living Area: 4655.0
  • Window Features: Impact Glass

Exterior Features

  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: In Ground, Pool
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Flat, Shingle, Tar/Gravel, Tile, Wood

Garage/Parking

  • Total Parking Spaces: 9.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Pool, Sewer, Trash Collection, Cable TV, Water
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 494234074180
  • Zoning Description: RMM-25

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10242.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2022
Closed on
Apr 15, 2022
Sold by
615 Ne 9Th Avenue Llc
Bought by
Orchard Wood Cottages Llc
Seller's Agent
Jonathan Krystofik
Brokers, LLC
Buyer's Agent
Paige O'Mahoney
Balistreri Real Estate Inc
List Price
$24,000,000
Sold Price
$2,250,000
Premium/Discount to List
-$21,750,000
-90.62%
Current Estimated Value
$1,542,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$707,667
Avg. Annual Appreciation
-7.65%
Original Mortgage
$612,000
Outstanding Balance
$583,503
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$1,139,804

Purchase Details

Closed on
Sep 30, 2020
Sold by
Salamon David
Bought by
Salamon David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2019
Sold by
Villa Tunis Llc
Bought by
Nguyen Phuonglien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,200
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2014
Sold by
Victoria Park Rental Properties Llc
Bought by
Villa Tunis Llc

Purchase Details

Closed on
May 25, 2011
Sold by
Victoria Park Condo Llc
Bought by
Home Fedeal Bank Of Hollywood

Purchase Details

Closed on
Feb 1, 2006
Sold by
Tansey Brian C
Bought by
Victoria Park Condo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$676,000
Interest Rate
6.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 1999
Sold by
Yadaseska Joseph and Yadaseska Clarke E
Bought by
Tansey Brian C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.23%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 1996
Sold by
Pprytherch William H and Pprytherch L
Bought by
Yadaseska Joseph and Clarke Charles E

Purchase Details

Closed on
Jun 1, 1990
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
Orchard Wood Cottages Llc $1,400,000 Vazquez & Associates
Salamon David -- Accommodation
Salamon David $800,000 All County Title Agency Inc
Nguyen Phuonglien $709,000 Supreme Title & Escrow Inc
Villa Tunis Llc $705,000 None Available
Home Fedeal Bank Of Hollywood $700,000 Attorney
Victoria Park Condo Llc $600,000 Attorney
Tansey Brian C $225,000 --
Yadaseska Joseph $169,000 --
Available Not $103,321 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orchard Wood Cottages Llc $612,000
Previous Owner Salamon David $600,000
Previous Owner Nguyen Phuonglien $567,200
Previous Owner Victoria Park Condo Llc $676,000
Previous Owner Tansey Brian C $70,000
Previous Owner Tansey Brian C $252,000
Previous Owner Tansey Brian C $17,267
Previous Owner Yadaseska Joseph $225,000
Previous Owner Yadaseska Joseph $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Sold $2,250,000 -90.6% $483 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $24,000,000 +1746.2% $5,156 / Sq Ft
12/06/2020 12/06/20 Sold $1,300,000 -13.0% $279 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $1,495,000 -- $321 / Sq Ft
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 $25,089 $1,279,010 $168,750 $1,110,260
2024 $25,337 $1,248,880 $168,750 $1,080,130
2023 $25,337 $1,248,880 $168,750 $1,080,130
2022 $14,420 $686,030 $101,250 $584,780
2021 $14,323 $681,570 $101,250 $580,320
2020 $12,988 $654,000 $101,250 $552,750
2019 $10,242 $524,440 $101,250 $423,190
2018 $9,412 $536,720 $101,250 $435,470
2017 $8,682 $402,870 $0 $0
2016 $8,353 $365,950 $0 $0
2015 $6,382 $291,010 $0 $0
2014 $5,774 $253,990 $0 $0
2013 -- $242,580 $101,250 $141,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10317528

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-34-07-4180