617 SE 16th St Fort Lauderdale, FL 33316
Harbordale Neighborhood
--
Bed
--
Bath
2,585
Sq Ft
1965
Built
Highlights
- No HOA
- Tile Flooring
- 1-Story Property
- Harbordale Elementary School Rated A-
- Central Heating and Cooling System
About This Home
As of July 2025Great fourplex with private fenced in courtyards for each unit and central A/C. This property is part of the Broward Multifamily Portfolio, a 103-unit, 25 property portfolio located in east-central Broward County. Most properties are located in a five-mile radius within the City of Fort Lauderdale. Currently, 100% leased. All properties are CBS construction, approx. half the units have been renovated with upgraded kitchens and baths. Many of the properties have oversized units, large lots, and 6’ privacy fencing. The properties are being offered as a single portfolio of 103 units, or as four separate “sub-portfolios”. The asking price for the entire portfolio is $11,250,000 or $109,223 per unit, which is approximately 3% discount over the sub-portfolio pricing.
Last Agent to Sell the Property
Meridian Commercial License #3129097 Listed on: 12/13/2018
Last Buyer's Agent
Paul Ringon
Better Homes & Gdns RE Fla 1st License #3280213
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,351
Year Built
- Built in 1965
Parking
- 5 Parking Spaces
Home Design
- Quadruplex
- Substantially Remodeled
- Shingle Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 1-Story Property
- Tile Flooring
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 4 Units
- Everglades Land Sales Co 1 Condos
- Everglades Land Sales Co 1 Subdivision
Listing and Financial Details
- Rent includes sewer, trash collection, water
- Assessor Parcel Number 504214031970
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 13, 2018
Closed on
Mar 27, 2019
Sold by
Fabian Garth and Cohen Jonathan
Bought by
Byne Joseph and Byne Caroline
Seller's Agent
Julie Abolafia
Meridian Commercial
Buyer's Agent
Paul Ringon
Better Homes & Gdns RE Fla 1st
List Price
$575,000
Sold Price
$562,000
Premium/Discount to List
-$13,000
-2.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Original Mortgage
$554,766
Outstanding Balance
$487,972
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$410,290
Purchase Details
Closed on
Sep 13, 2012
Sold by
Fabian Garth
Bought by
Fabian Garth and Cohen Jonathan
Purchase Details
Closed on
Jun 30, 2011
Sold by
Braccili Rudolph R
Bought by
Fabian Garth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
4.57%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 4, 2002
Sold by
March Peter and March Nerissa
Bought by
Braccili Rudolph R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.93%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 17, 2001
Sold by
Lovell Harold B and Lovell Cheryl S
Bought by
March Peter and Marsh Nerissa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.57%
Mortgage Type
Seller Take Back
Similar Homes in Fort Lauderdale, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $565,000 | Attorney | |
| Quit Claim Deed | $96,305 | Attorney | |
| Warranty Deed | $280,000 | Attorney | |
| Warranty Deed | $350,000 | -- | |
| Warranty Deed | $650,000 | Sunbelt Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $554,766 | FHA | |
| Previous Owner | $196,000 | Commercial | |
| Previous Owner | $480,000 | Commercial | |
| Previous Owner | $400,000 | Commercial | |
| Previous Owner | $315,000 | Commercial | |
| Previous Owner | $264,073 | Commercial | |
| Previous Owner | $215,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Sold | $900,000 | -9.9% | $348 / Sq Ft |
| 06/11/2025 06/11/25 | For Sale | $999,000 | +77.8% | $386 / Sq Ft |
| 03/27/2019 03/27/19 | Sold | $562,000 | -2.3% | $217 / Sq Ft |
| 02/15/2019 02/15/19 | Pending | -- | -- | -- |
| 12/01/2018 12/01/18 | For Sale | $575,000 | -- | $222 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $13,177 | $648,270 | $168,750 | $479,520 |
| 2024 | $12,940 | $607,470 | $67,500 | $539,970 |
| 2023 | $12,940 | $588,040 | $67,500 | $520,540 |
| 2022 | $12,272 | $567,530 | $67,500 | $500,030 |
| 2021 | $11,925 | $550,260 | $67,500 | $482,760 |
| 2020 | $11,871 | $550,260 | $67,500 | $482,760 |
| 2019 | $9,784 | $467,140 | $67,500 | $399,640 |
| 2018 | $9,057 | $495,210 | $67,500 | $427,710 |
| 2017 | $8,351 | $376,180 | $0 | $0 |
| 2016 | $7,786 | $341,990 | $0 | $0 |
| 2015 | $7,037 | $310,900 | $0 | $0 |
| 2014 | $6,546 | $282,640 | $0 | $0 |
| 2013 | -- | $263,840 | $67,500 | $196,340 |
Source: Public Records
Agents Affiliated with this Home
-
D
Seller's Agent in 2025
David Sullivan
LoKation
-
D
Buyer's Agent in 2025
Deborah Cook
Exquisite Residences, LLC
-
J
Seller's Agent in 2019
Julie Abolafia
Meridian Commercial
-
D
Seller Co-Listing Agent in 2019
Douglas Driver
Meridian Commercial
-
P
Buyer's Agent in 2019
Paul Ringon
Better Homes & Gdns RE Fla 1st
Map
Source: MIAMI REALTORS® MLS
MLS Number: A10585699
APN: 50-42-14-03-1970
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