623 NW 11th Ave Fort Lauderdale, FL 33311
Estimated payment $5,321/month
Highlights
- Cooling System Mounted To A Wall/Window
- Ceramic Tile Flooring
- Wall Furnace
- Fort Lauderdale High School Rated A
About This Home
This income-producing triplex is in one of Fort Lauderdale’s hottest rental zones near downtown. The main unit is a 2-bedroom 1-bath with a carport, and there are two 1-bedroom units in back. Recent renovations include updated kitchens and bathrooms. Separate water and electric meters for each unit. Newer roofs on both buildings and a fenced backyard make this a ready-to-go investment. Just a short stroll to the Brightline station and close to shopping and dining on Las Olas Boulevard, Riverwalk’s galleries and riverside parks, and easy access to beaches. Current rents are under market, with potential gross annual income of approximately $74,400.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,681
Year Built
- Built in 1951
Parking
- 5 Parking Spaces
Home Design
- Triplex
- Barrel Roof Shape
- Flat Roof Shape
Interior Spaces
- 2,833 Sq Ft Home
- 1-Story Property
- Ceramic Tile Flooring
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Community Details
- 3 Units
- Progresso Subdivision
Listing and Financial Details
- Assessor Parcel Number 494234079020
Map
Home Values in the Area
Average Home Value in this Area
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 | $12,296 | $626,490 | $101,250 | $525,240 |
| 2024 | $8,681 | $558,990 | $33,750 | $525,240 |
| 2023 | $8,681 | $363,700 | $33,750 | $329,950 |
| 2022 | $6,030 | $198,240 | $0 | $0 |
| 2021 | $5,686 | $180,220 | $0 | $0 |
| 2020 | $5,192 | $238,790 | $33,750 | $205,040 |
| 2019 | $4,097 | $207,670 | $33,750 | $173,920 |
| 2018 | $3,360 | $156,270 | $33,750 | $122,520 |
| 2017 | $3,176 | $123,100 | $0 | $0 |
| 2016 | $3,028 | $111,910 | $0 | $0 |
| 2015 | $2,670 | $101,740 | $0 | $0 |
| 2014 | $2,561 | $94,390 | $0 | $0 |
| 2013 | -- | $89,500 | $33,750 | $55,750 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2025 06/23/25 | For Sale | $830,000 | +16.1% | $293 / Sq Ft |
| 06/20/2024 06/20/24 | Sold | $715,000 | -3.4% | $252 / Sq Ft |
| 06/15/2024 06/15/24 | Pending | -- | -- | -- |
| 06/15/2024 06/15/24 | For Sale | $740,000 | +20.3% | $261 / Sq Ft |
| 09/15/2023 09/15/23 | Sold | $615,000 | -5.2% | $217 / Sq Ft |
| 08/15/2023 08/15/23 | Pending | -- | -- | -- |
| 07/12/2023 07/12/23 | Price Changed | $649,000 | -7.2% | $229 / Sq Ft |
| 06/23/2023 06/23/23 | For Sale | $699,000 | +70.5% | $247 / Sq Ft |
| 05/10/2022 05/10/22 | Sold | $410,000 | -6.6% | $145 / Sq Ft |
| 04/10/2022 04/10/22 | Pending | -- | -- | -- |
| 04/08/2022 04/08/22 | For Sale | $439,000 | -- | $155 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $715,000 | Top Notch Title, Pa | |
| Warranty Deed | $830,000 | Top Notch Title Pa | |
| Warranty Deed | $615,000 | None Listed On Document | |
| Warranty Deed | $410,000 | International Law Partners Llp | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Personal Reps Deed | $120,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $425,000 | Balloon | |
| Closed | $62,500 | No Value Available | |
| Closed | $705,500 | Construction | |
| Previous Owner | $539,000 | Credit Line Revolving | |
| Previous Owner | $363,750 | New Conventional | |
| Previous Owner | $330,000 | New Conventional |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10511605
APN: 49-42-34-07-9020
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